Transcript Highlights:

• more like written discovery and document discovery, although it does give them the right to take depositions

Bills: SB5925, SB5906, SB6070, SB6002

Keywords: Attorney General, civil investigative demand, CID, subpoena-like demand, investigative authority, consumer protection, civil enforcement, pre-suit investigation, document production, interrogatories, deposition, oral testimony, confidentiality, trade secrets, judicial review, enforcement action, Washington RCW, law enforcement powers, government transparency, due process

Summary: The committee heard testimony on Senate Bill 5925, which would expand the Attorney General’s authority to issue civil investigative demands in investigations involving constitutional violations, law enforcement use of force and tactics, the Keep Washington Working Act, wage laws, discrimination, and jail-related issues. The prime sponsor and Attorney General’s office said the bill would give the AGO more effective investigative tools without creating new enforcement authority, while labor and civil rights supporters said it would speed investigations into wage theft and discrimination. Opponents from law enforcement, cities, counties, and retail groups argued the bill was too broad, lacked sufficient guardrails, could burden public agencies and businesses, and raised constitutional concerns, especially around speech restrictions and the scope of the Attorney General’s power. Public testimony on SB 5925 then closed, and the committee moved on to the next bill. The committee then heard Senate Bill 5906, which would codify and expand protections against immigration enforcement in non-public areas of schools, child care facilities, health care facilities, higher education institutions, and county auditor spaces where ballots are handled. Supporters, including immigrant-rights, faith, student, and parent advocates, said the bill would reduce fear, protect privacy, and keep families engaged in education, health care, and civic life. Health care and early learning groups generally supported the goal but asked for clearer definitions, model policies, training, and more workable implementation language. The bill drew substantial public support and opposition testimony was not presented in the excerpt; the committee later noted 3,725 pro, 2,147 con, and 22 other sign-ins before moving on. The committee also heard Senate Bill 6070, which would expand missing-person response tools by allowing certain investigative technologies in missing-endangered-person cases, creating new alerts for missing Black people and people with disabilities, and broadening the definition of missing endangered person. The sponsor and supporters, including prosecutors, law enforcement, families, disability advocates, and students, said the bill would help recover missing people faster and address racial and disability-related disparities in alert systems. Testifiers described personal experiences with delayed responses and the need for an Ebony Alert and Purple Alert. Law enforcement supported the bill and requested a related administrative change to transfer the missing persons website to the State Patrol. The committee then moved to Senate Bill 6002, a bill to regulate automated license plate readers, with staff explaining it would set registration, use, retention, and privacy rules, including limits on immigration-related use and restrictions near sensitive locations; the sponsor and ranking member framed it as a privacy and civil liberties measure, and the committee began hearing questions and testimony on that bill.

Bills: SB5925, SB6086, SB6074, SB5962, SB6296, SGA9272, SGA9255, SGA9256, SGA9271

Keywords: Attorney General, civil investigative demand, CID, subpoena-like demand, investigative authority, consumer protection, civil enforcement, pre-suit investigation, document production, interrogatories, deposition, oral testimony, confidentiality, trade secrets, judicial review, enforcement action, Washington RCW, law enforcement powers, government transparency, due process

Summary: The Law and Justice Committee met on February 3 to consider several bills on executive action, along with gubernatorial appointments. On Senate Bill 5925, which would expand Attorney General civil investigative demand authority, members debated amendments narrowing the bill for small businesses, law enforcement use-of-force matters, criminal investigations, and response deadlines. Amendment Charlie was adopted, Amendment Delta was rejected, Amendment Echo was withdrawn as duplicative, and the bill ultimately received a do-pass recommendation to Rules. The committee also confirmed Kristen Ferrer, Lisa Mannion, Kate Ben Ward, and Rochelle Cleland to their respective appointments. The committee then considered Senate Bill 6086 on judicial officer safety and threat assessments. A proposed substitute retained threat assessment authority and removed internet personal-information provisions, while amendments to limit consultant authority and tighten threat standards were debated. The amendment to remove security consultants was rejected, and the proposed substitute was approved and sent to Rules. Senate Bill 6074 on reinstituting parole was narrowed to create a parole re-institution work group; an amendment adding two victim-advocate members was adopted, and the bill was sent to Rules. Senate Bill 6296 on involuntary treatment drew the most discussion. The proposed substitute removed some enforcement and firearms-related provisions, narrowed definitions, and adjusted law enforcement and court procedures. Amendments addressing firearms, officer liability, and warrant-entry authority were debated but not adopted. The committee noted that some language would need further cleanup, but the proposed substitute ultimately received a do-pass recommendation and was referred to Ways and Means. The meeting ended with thanks to committee staff and adjournment at the House of Origin policy cutoff.

Bills: HB 2242, HB 2446, HB 2799, HB 4502, HB 2920, HB 2790, HB 5620, HB 5060, HB 5076, HB 5080, HB 5081, HB 5128, HB 5130, HB 3847, HB 5116, HB 2969, HB 4546, HB 4202, HB 5624, HB 3964, HB 4803, HB 872, HB 4775, HB 4777, HB 4961, HB 5570, HB 2988, HB 4260, HB 1375, HB 5009, HB 5411, HB 5134, HB 4388, HB 3095, HB 1387

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Transcript Highlights:

• Members, as we all know, depositions are an expensive, time-consuming affair.”
• “Members, as we all know, depositions are an expensive, time-consuming affair, sometimes even without
• We're all attorneys here, and we all know the legal and fiscal costs of a deposition.
• Depositions are not to be used for abusive purposes.
• done during the litigation process. 202 depositions are actually depositions that are petitioned to

Bills: HB2242, HB2446, HB2799, HB4502, HB2920, HB2790, HB5620, HB5060, HB5076, HB5080, HB5081, HB5128, HB5130, HB3847, HB5116, HB2969, HB4546, HB4202, HB5624, HB3964, HB4803, HB872, HB4775, HB4777, HB4961, HB5570, HB2988, HB4260, HB1375, HB5009, HB5411, HB5134, HB4388, HB3095, HB1387

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Summary: The committee heard House Bill 4961, which would bar uninsured motorists from recovering non-economic damages after a collision. The author said the bill is intended to create incentives to maintain insurance and to address what he described as an unfair system for insured drivers. Texans for Lawsuit Reform and Texas Eagle Forum testified in support, while the Texas Trial Lawyers Association opposed it, warning the bill could also affect pedestrians, passengers, children, and others who did not choose whether a vehicle was insured. The bill author clarified that passengers would be included in the bill’s coverage. No vote was taken and the bill was left pending. House Bill 5570 would extend a legislative attorney CLE exemption to attorneys appointed by the governor and confirmed by the Senate to boards or commissions. The author said the measure is meant to ease time burdens and encourage service, and a witness supported it as a modest incentive for public service. A committee member noted a discrepancy in the number of affected attorneys, and the author agreed to verify the correct figure. The bill was left pending. The committee also heard House Bill 2969, which would restrict the State Bar from adopting rules or penalties that unreasonably burden attorneys’ religious exercise or free speech based on sincerely held beliefs. The author and several witnesses from Texas Values, Alliance Defending Freedom, and Cecilia Wood argued the bill protects lawyers of faith from an ABA model rule they described as a speech code. No one testified against the bill, and it was left pending. House Bill 4260, which would prohibit county judges and county commissioners from practicing law in courts over which they have jurisdiction, drew opposition from the County Judges and Commissioners Association, which argued existing ethics rules already address conflicts and that the bill would burden rural officials. The author said the bill was prompted by concerns about judges using their office to pressure others. The bill was left pending. House Bill 5134 would limit Rule 202 pre-suit depositions to people who have suffered or reasonably expect actual damages and would allow attorney’s fees against abusive petitioners. The author said the bill is aimed at preventing harassment and fishing expeditions, especially in family-law disputes. Questions focused on how the standard would work and how it differs from current law; the author said the main change is fee-shifting and a clearer legislative directive. The bill was left pending. House Bill 3095, a committee substitute version of a similar uninsured-motorist bill, would bar uninsured motorists from recovering non-economic damages and limit economic recovery, with several exceptions. Trial lawyers argued it was unconstitutional because it capped economic damages and could unfairly affect innocent drivers, pedestrians, and older people who no longer drive. The author acknowledged constitutional concerns and said the bill would need further work; the committee withdrew the substitute and left the bill pending. Finally, House Bill 4388 would require all judges, including county judges who perform administrative duties, to remain subject to the Code of Judicial Conduct. Supporters said some elected judges avoid accountability by relinquishing judicial functions, while opponents argued the bill is too rigid and unnecessary because existing remedies already exist. House Bill 3964 would limit public nuisance claims to their historical role and bar such claims against lawful conduct, conduct already covered by other remedies, and products. The author and supporters said the bill is meant to prevent courts from using public nuisance to make policy, while opponents argued it would eliminate useful remedies and could affect local actions against environmental or product-related harms. The author said the bill would not affect statutory nuisance claims, private nuisance claims, or other causes of action, and would be amended to clarify some provisions. The bill was left pending.

Transcript Highlights:

• Members, as we all know, depositions are an expensive, time-consuming affair.
• Members, as we all know, depositions are an expensive, time-consuming affair, sometimes even without
• We're all attorneys here, and we all know the legal and fiscal costs of a deposition.
• Depositions are not to be used for abusive purposes.
• done during the litigation process. 202 depositions are actually depositions that are petitioned to

Bills: HB2242, HB2446, HB2799, HB4502, HB2920, HB2790, HB5620, HB5060, HB5076, HB5080, HB5081, HB5128, HB5130, HB3847, HB5116, HB2969, HB4546, HB4202, HB5624, HB3964, HB4803, HB872, HB4775, HB4777, HB4961, HB5570, HB2988, HB4260, HB1375, HB5009, HB5411, HB5134, HB4388, HB3095, HB1387

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Summary: The committee heard testimony on several bills affecting civil practice, judicial conduct, and attorney regulation. HB 4961 and the similar HB 3095 would bar uninsured motorists from recovering non-economic damages after a collision, with HB 3095 also addressing certain exceptions and limiting economic damages in some cases. Supporters said the measures would encourage insurance coverage and fairness for insured drivers, while opponents argued they would unfairly punish injured people who were not responsible for the lack of insurance, including pedestrians, passengers, children, and others. HB 3095 drew constitutional concerns from witnesses, and the committee later withdrew the committee substitute and left the bill pending; HB 4961 was also left pending after questions about its scope, including passengers. HB 5570 would expand a continuing legal education exemption to attorneys appointed by the governor and confirmed by the Senate who serve on boards or commissions. The author and witness said the bill would free up time for public service while still requiring ethics training. A committee member raised a discrepancy in the number of attorneys covered, and the bill was left pending. HB 2969 would prohibit the State Bar from adopting rules or penalties that unreasonably burden attorneys’ religious exercise or free speech, especially in relation to sincerely held religious beliefs. Supporters framed it as a protection for lawyers of faith against an ABA-style speech code, while no one testified in opposition; the bill was left pending. HB 4260 would prohibit county judges and county commissioners from practicing law in courts over which they have jurisdiction. The author described it as an ethics measure to avoid conflicts of interest, but county officials and the County Judges and Commissioners Association opposed it, saying existing ethics rules already address conflicts and that the bill would impose hardships, especially in rural counties. The bill was left pending. HB 4388 would require all judges, including those who serve only in administrative roles, to remain subject to the Code of Judicial Conduct; supporters said some judges avoid discipline by relinquishing judicial functions, while opponents said the bill was unnecessary and could burden county judges who serve as administrators. It was also left pending. The committee also heard HB 5134, which would limit Rule 202 pre-suit depositions to people who have suffered or reasonably expect to suffer actual damages and allow attorney’s fees against abusive petitioners. The author said the bill would curb harassment and fishing expeditions, but members questioned how the standard would work in practice; the bill was left pending. Finally, HB 3964 would narrow common-law public nuisance claims by barring suits over lawful conduct, conduct already addressed by other remedies, and products, while preserving other causes of action. Supporters said the bill would prevent regulation through litigation and protect legislative authority; opponents said it would eliminate important remedies and that no Texas abuse had been shown. The author indicated he would revise the bill, and it was left pending.

Bills: HB2242, HB2446, HB2799, HB4502, HB2920, HB2790, HB5620, HB5060, HB5076, HB5080, HB5081, HB5128, HB5130, HB3847, HB5116, HB2969, HB4546, HB4202, HB5624, HB3964, HB4803, HB872, HB4775, HB4777, HB4961, HB5570, HB2988, HB4260, HB1375, HB5009, HB5411, HB5134, HB4388, HB3095, HB1387

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Transcript Highlights:

• They won't answer post-judgment questions, and they won't attend post-judgment depositions. on assets

Bills: HB2242, HB2446, HB2799, HB4502, HB2920, HB2790, HB5620, HB5060, HB5076, HB5080, HB5081, HB5128, HB5130, HB3847, HB5116, HB2969, HB4546, HB4202, HB5624, HB3964, HB4803, HB872, HB4775, HB4777, HB4961, HB5570, HB2988, HB4260, HB1375, HB5009, HB5411, HB5134, HB4388, HB3095, HB1387

Keywords: constables, civil rights, local government, law enforcement, policy-making authority, affidavit, medical bills, civil actions, reasonable charges, healthcare services, judicial statistics, court performance, family law, civil cases, efficiency reporting, court security, emergency management, harassment penalties, judicial safety, court committee

Transcript Highlights:

• But since many states combine the regulations on pet fees and deposits with security deposits, I'm going
• Security deposit.
• Pet fees and deposits are frequently rolled into security deposit regulations in other states, with many
• Because I think some security deposits can be used for things more than simply for damage deposits.
• That's what the deposit is for. That's what it's designed to do. That's what the deposit is for.

Keywords: Virginia Housing Commission - Fees in Residential Rental Agreements Workgroup, 976, house, all

Transcript Highlights:

• conditional deposit, or RCD.
• </c> security deposit. security deposit.
• Deposit. Oh, deposit.
• Deposit. Oh, deposit.
• </c> conditional deposits are secure conditional deposits are secure deposits.<00:32:01.120><c> Um,</

Keywords: 1191, senate, all

Transcript Highlights:

• After that point, the state can make discretionary deposits, but required deposits no longer have to
• But if there’s a difference on this emergency or the deposit, that emergency outweighs the deposit?
• We have to make these deposits.
• But there is no limit on discretionary deposits. But there is no limit on discretionary deposits.
• The deposit scheduled for 2026-27 is what we call a mandatory deposit, so driven by the formulas.

Summary: The Senate Committee on Budget and Fiscal Review held an informational hearing on ACA 20, the Save for California’s Future Act, and took no votes. The chair described the measure as a way to strengthen the state’s Rainy Day Fund by increasing reserves during strong revenue years and helping pay down long-term obligations. The vice chair said he preferred a broader spending rule tied to a rolling average of revenues, rather than the proposal’s reserve-focused approach. The Legislative Analyst’s Office explained how Proposition 2 currently requires deposits into the Budget Stabilization Account and debt payments when revenues are strong, and how ACA 20 would change those rules by increasing required reserve deposits, raising the BSA target from 10% to 20% of General Fund revenues, creating a “super excess capital gains” deposit requirement, extending debt-payment requirements through 2040, and expanding eligible debt uses to include Proposition 98 settle-up, budgetary borrowing, and federal unemployment insurance debt. The Department of Finance said the administration supports the measure and believes it improves Proposition 2. Members asked about the Gann limit, whether the measure would allow more spending or simply change how deposits are counted, the impact on infrastructure and other programs, the size of the UI debt, and how the proposal would affect future budget flexibility. Several senators supported the goal of saving more in good years and using reserves to avoid painful cuts in downturns, while others questioned whether the proposal was sufficiently simple or whether a larger structural spending rule would be better. Public comment largely supported the measure, with one former legislative staffer arguing it follows earlier reserve reforms and helps address the state’s UI debt. The chair closed by noting the committee would not act that day and that the measure would be considered on the Senate floor the next day.

Transcript Highlights:

• After that point, the state can make discretionary deposits, but required deposits no longer have to
• But if there's a difference on this emergency or the deposit, that emergency outweighs the deposit?
• We have to make these deposits.
• those deposits until the fund reaches 20% of General... ...and require those deposits until the fund
• The deposit scheduled for 2026-27 is what we call a mandatory deposit, so driven by the formulas.

Keywords: 987, senate, all

Transcript Highlights:

• And the two words are: deposits work. Two words are: deposits work.
• So number one, deposits work to reduce litter. Number two, deposits work to reduce waste.
• cent deposit on the bottles.
• It is a deposit, and you get that deposit back.
• So I want to be clear to those that believe it's not a deposit: it's a deposit.

Keywords: 995, all

Summary: The hearing focused mainly on two subjects: expansion of the Massachusetts bottle bill and bills to remove woody biomass from state clean-energy and greenhouse-gas programs. On the bottle bill, supporters from municipal, environmental, public health, and local government groups argued that the 5-cent deposit is outdated, redemption rates have fallen, and expanding coverage to more beverage containers—especially water, sports drinks, and small alcohol bottles—would reduce litter, cut plastic waste and microplastics, and save cities and towns money. Several speakers also backed raising handling fees for retailers and redemption centers, and some supported restoring a Clean Environment Fund so unclaimed deposits would support recycling-related purposes. Opponents, including the Massachusetts Beverage Association and the National Waste and Recycling Association, argued that curbside recycling and transfer-station systems are more convenient, that the targeted containers are valuable to local recycling programs, and that the proposal would shift costs onto consumers and municipalities. Committee members questioned witnesses about redemption rates, handling fees, the 2014 ballot question, and whether the bill had changed from prior sessions. The biomass portion drew strong support from Springfield officials, state legislators, environmental advocates, and public health groups. They said woody biomass should not count as clean energy because burning wood produces particulate pollution and carbon emissions, and they warned that current law contains a loophole that could help finance the proposed Palmer Renewable Energy biomass plant in Springfield. Witnesses emphasized Springfield’s air-quality and asthma burdens, the public health impacts of PM2.5, and the need to close the loophole before a January 1, 2026 deadline. One forest-industry witness supported a separate bill promoting modern wood heat with pollution controls, arguing it is cleaner than older wood systems and has minimal ratepayer cost, while noting that those credits would be affected if the governor’s broader energy affordability bill repeals the alternative energy portfolio standard. No votes were taken during the hearing. The chairs managed testimony by alternating between the bottle bill and biomass topics, asking speakers to keep remarks brief and to note when they agreed with prior testimony. Several legislators also testified in support of the bills, and committee members asked follow-up questions on deposit levels, retailer handling fees, recycling economics, and the public-health rationale for the biomass restrictions.

Transcript Highlights:

• You have to have deposits.
• I could go down the list of non-bank companies that are now taking deposits, and those deposits used
• You can see as deposits flattened and door... 100% correlation to the green line, which is deposits.
• Are those, like when you talked about silos, are those deposits, individuals, are those deposits, Are
• So they have deposits in the...

Keywords: 908, all

Summary: The committee received a compliance and status update on Industrial Commission programs and the Bank of North Dakota. Staff reviewed appropriations and spending for several Industrial Commission funds and grant programs, including lignite research, oil and gas research, clean sustainable energy, grid resiliency, salt cavern analysis, and the new NDSU research and technology park grant. Members discussed the timing of reimbursements, uncommitted balances, and the structure of the pipeline capacity and enhanced oil recovery funding. The Industrial Commission also reported on its administrative budget, grant management system project, and recent leadership transitions across several agencies. Karen Tyler of the Industrial Commission described active grant rounds and the status of major projects. She said the Clean Sustainable Energy Authority approved three projects in its sixth round, with remaining uncommitted cash and loan capacity still available, though no new funding was appropriated this session. She also said the Oil and Gas Research Council approved six enhanced oil recovery projects and expects additional funding after a federal Department of Energy award replaces one project’s state funding. For grid resiliency grants, she said some projects have been funded, some commitments were returned or reallocated, and some DOE funds remain pending. She also updated the committee on the salt cavern business case study, which replaced an earlier larger development proposal, and on the NDSU research park grant, where the nonmatching portion was paid and the matching portion has moved slowly because the match must be in cash. Ron Ness then gave an extended presentation on enhanced oil recovery and North Dakota oil and gas trends. He said production remains steady, but future growth depends on infrastructure, especially gas takeaway and projects like the Bakken East pipeline. He argued that enhanced oil recovery using CO2, natural gas, surfactants, and other methods could extend Bakken production for decades, but that the state needs more CO2 supply, better storage, and updated tax and regulatory incentives. Members asked about lateral lengths, CO2 availability, pipeline impacts, and the role of the Strategic Petroleum Reserve, and Ness emphasized that the projects are intended to share technical learning across operators and attract follow-on investment. The Bank of North Dakota then presented its compliance report and strategic update. President Don Morgan said the bank’s mission remains to support North Dakota agriculture, commerce, and industry while cooperating with the state’s financial sector. He reviewed the bank’s main business lines: participation lending with community institutions, student loans, disaster lending, mission-based programs, and a new fintech-focused effort. Morgan said deposits are flattening, so the bank is managing balance sheet growth carefully, while still reporting improved net income and strong efficiency. He also introduced Rough Rider Coin as a bank-to-bank payment rail, not a public cryptocurrency, intended to speed and modernize payments within North Dakota’s banking and credit union system. Committee members asked about student loan eligibility, disaster program use, and how credit lines and liquidity would be affected if deposits shrink.

Transcript Highlights:

• You have to have deposits.
• , and those deposits... ...of nonbank companies that are now taking deposits, and those deposits used
• You can see as deposits flattened and or 100% correlation to the green line, which is deposits.
• If you're depositing your money in your bank and you go across the street and deposit somebody else's
• So they have deposits in the...

Summary: The committee took roll, approved the March 18 minutes, and then received a compliance-report update on the Industrial Commission and related funds and programs. Staff reviewed the status of one-time appropriations and grant programs, including electric grid resiliency, lignite research, enhanced oil recovery, the Clean Sustainable Energy Authority, the salt cavern business-case study, and the new NDSU research and technology park grant. Members asked about funding balances, reimbursement timing, matching requirements, and how some commitments would affect the State Investment Fund and future biennia. Industrial Commission staff then gave a broader update on the agency’s administrative office, grant management system, leadership transitions at several commission agencies, and active grant rounds. They reported that the grant management system is nearing completion, that several agency leadership searches have concluded, and that the commission’s grant programs currently have 108 active grants totaling more than $165 million. They also described the Clean Sustainable Energy Authority round, the oil and gas research program’s enhanced oil recovery awards, the grid resiliency grants, the salt cavern study, and the research technology park program, noting that some projects are awaiting federal funds or additional matching cash. Ron Ness, speaking for the Oil and Gas Research Council, focused on the state of the oil industry and the enhanced oil recovery “Bakken 2.0” effort. He said production remains steady, but future growth depends on better infrastructure, longer laterals, and new EOR methods such as CO2, natural gas, and surfactants. He emphasized the importance of the Bakkeneast pipeline and related gas-utilization projects, the recent DOE funding that will return some money to the research council, and the need to modernize tax and incentive rules for CO2-based recovery. Members discussed the potential economic benefits for oil, agriculture, and manufacturing. The Bank of North Dakota then presented its compliance report and a broader strategic update. Bank leadership reviewed the bank’s mission, governance, participation lending, student lending, disaster programs, and legislatively directed programs, and said the bank is managing for a flatter deposit base and stronger liquidity because of fintech competition and changing market conditions. They reported improved earnings, with net income rising to about $231 million, and described Rough Rider Coin as a new internal payment rail for North Dakota banks and credit unions, not a public cryptocurrency. Members asked about student loan eligibility, disaster lending, and the bank’s capacity to support state programs while maintaining its balance-sheet and liquidity requirements.

Transcript Highlights:

• soundness of those deposits and and soundness of those deposits and and other<00:13:38.079><c> bankers
• base and about 20% of those deposit base and about 20% of those deposits<00:21:53.120><c> are</c><00
• ><c> important</c> Public deposits are extremely important Public deposits are extremely important to
• </c> that says public funds can be deposited that says public funds can be deposited in<00:41:19.839>
• </c><00:48:26.319><c> ratio</c> to deposit ratio to deposit ratio &gt;&gt; has<00:48:27.040><c> it</c

Keywords: 1136, house, all

Transcript Highlights:

• You have to have deposits.
• companies that are now taking deposits, and those deposits used to be held in local friendly community
• If we have the deposits, and even if the outlook for deposits improves, then we can make managerial,
• If you're depositing your money in your bank and you go across the street and deposit somebody else's
• I mean, who do you get the deposits from? to do that. I mean, who do you get the deposits from?

Summary: The committee received a compliance and budget update on Industrial Commission agencies and programs, including the Industrial Commission administrative office, the Oil and Gas Research Program, the Clean Sustainable Energy Authority, the State Energy Research Center, the Research Technology Park grant program, and related funds. Staff reviewed spending and balances for items such as electric grid resiliency grants, lignite research, enhanced oil recovery, the salt cavern business case study, and the new NDSU research and technology park grant. Members also discussed timing, carryover balances, matching requirements, and how some programs are structured to reimburse projects over several years rather than spend funds immediately. Karen Tyler of the Industrial Commission described the agency’s administrative budget, the grant management system nearing completion, and the transition to standalone audits and staffing after separating from other agencies. She also outlined the status of active grant rounds across lignite, oil and gas, renewable energy, outdoor heritage, and clean sustainable energy programs. Members asked about the length of active grants, demand for clean energy funding, and the possibility of future grant rounds. Tyler and members also discussed the salt cavern study, the need to better define its commercial value, and the research technology park grant’s cash-match requirement. Ron Ness then testified on enhanced oil recovery and broader oil and gas market conditions. He said North Dakota production remained steady, but future growth depends on infrastructure, longer laterals, and better use of natural gas and carbon dioxide for EOR. He described the state’s EOR grant round, the use of federal DOE funding to replace part of a state-funded project, and the expectation of additional grant rounds. Members asked about CO2 supply, storage, and the economics of using legacy fields and pipelines to extend oil production and support agriculture and industrial uses. The committee also heard from Bank of North Dakota President Don Morgan, who reviewed the bank’s mission, governance, lending verticals, disaster programs, and new initiatives. He said the bank is seeing deposit growth flatten and is responding to fintech competition by focusing on liquidity, risk management, and a new payment infrastructure initiative called Rough Rider Coin, which he emphasized is not crypto and not a public coin, but a banking payment rail for North Dakota institutions. Members asked about student loan rates, disaster lending, and how the bank’s lines of credit and balance sheet capacity are affected by deposit trends. Morgan said the bank remains profitable and continues to support agriculture, commerce, and industry through participation loans, student lending, and state-directed programs.

Transcript Highlights:

• the state is not suspending deposits.
• And the optional deposits were essentially used to fund those true-ups.
• up getting converted to a required deposit.
• And that those deposits really need to be mandatory.
• versus deposits to the state's discretionary statutory reserves.

Summary: The Assembly Budget Subcommittee on Accountability and Oversight held a hearing on proposals to reform California’s Budget Stabilization Account, or rainy day fund, ahead of the May Revision. Members and witnesses reviewed how Proposition 2 (2014) changed reserve rules, including mandatory deposits, a 10% cap on the fund, and limits tied to the Governor’s declaration of a budget emergency. LAO staff explained that California’s revenues are highly volatile, that current reserve rules are complicated by interactions with Proposition 98 and the Gann limit, and that under current law reserves would cover only about one-third of funding shortfalls in a benchmark scenario over 50 years. The LAO presented its report recommending a larger reserve target, including raising the cap to 50% by 2055 and pairing that with either broader, more flexible deposit rules or a simpler approach that deposits all excess capital gains. The Department of Finance described the Governor’s proposal to raise the cap from 10% to 20% and exempt BSA deposits from the state appropriations limit, while Assembly Member Valencia presented ACA 1, which would make similar changes and was described as an evolving proposal. Testimony generally supported saving more during boom years, but differed on how much to hardwire into the Constitution versus leave flexible, and on whether to broaden the deposit formulas beyond capital gains. Public witnesses and committee members raised additional issues, including whether reserve reforms should also address debt repayment, the treatment of unemployment insurance fund debt, and whether the Gann limit should be adjusted to better allow reserve growth. Supporters argued that stronger reserves would protect Californians from cuts during downturns and help the state weather volatility and federal funding threats. Some advocates warned that reforms should not come at the expense of current public needs, while taxpayer representatives cautioned against turning the BSA into a pass-through account that weakens constitutional spending limits. The hearing ended without a vote, with the committee chair noting the complexity of the issue and adjourning after public comment.

Transcript Highlights:

• Various restricted funds were deposited into the wrong bank accounts.
• Apparently those funds were supposedly deposited.
• And they deposited.
• So they were accounting for the deposits. They just weren't making the deposit.
• and deposits made exceeded total revenues reflected on their records.

Keywords: 1204, all

Transcript Highlights:

• the deposit is made in 2026-2027.
• We've had the suspension on the deposit. That goes back to... ...suspension on the deposit.
• ACA 20, the reserve deposits would be considered exclusions.
• And we're not depositing into the rainy day fund.
• now, we've suspended mandatory deposits for the last few years.

Summary: The Assembly Budget Subcommittee on Accountability and Oversight heard ACA 20, the Safe for California Futures Act, a constitutional amendment to strengthen the state’s Budget Stabilization Account (rainy day fund). The authors, Assembly Members Gabriel and Valencia, said the measure would raise the reserve cap from 10% to 20% of General Fund revenues, change how reserve deposits are treated under the Gann limit so deposits would not count against the spending cap until withdrawn, and update eligible debt repayments to include items such as budget loans, Proposition 98 settle-up obligations, and unemployment insurance debt. They emphasized that the proposal was intended to protect schools and core public services and to help California better withstand revenue volatility and future downturns. Committee discussion focused heavily on the technical effects of the measure, especially its interaction with Proposition 98 and the Gann limit. LAO and Department of Finance staff explained that Prop. 98 funding would not be changed directly, that the reserve deposits would be treated as exclusions from the appropriations limit, and that withdrawals would count when spent. Members asked about current reserve levels, mandatory deposits, and whether the measure would create more room for discretionary spending; supporters argued it would simply allow the state to save more in good years, while one member expressed concern that it could function as a slush fund and expand spending opportunities. Several members cited recent budget volatility, record revenues, and the need for stronger reserves, while others stressed that the measure should be understood as a future-oriented savings reform rather than a response to this year’s budget choices. Public testimony was uniformly supportive. California Forward, Elevate California, and the California Chamber of Commerce all backed the proposal, with the Chamber noting support for the policy and highlighting the importance of addressing unemployment insurance debt for small businesses. The chair concluded by thanking the authors, staff, and witnesses, and said ACA 20 was expected to move to the Assembly floor the next day.

Transcript Highlights:

• the deposit is made in 2026-2027.
• We've had the suspension on the deposit. That goes back to... ...suspension on the deposit.
• ACA 20, the reserve deposits would be considered exclusions.
• And we're not depositing into the rainy day fund.
• now, we've suspended mandatory deposits for the last few years.

Keywords: 988, house, all