Video & Transcript Research : 'directed trust'

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MN

Minnesota 2025 1st Special Session

House Judiciary Finance and Civil Law Committee 2/25/25

Judiciary Finance and Civil Law

Transcript Highlights:
  • The directed trusts law, the sections 10 through 17 of the bill, address something called directed trust
  • > directed<00:19:17.679> trusts<00:19:18.520> uh<00:19:18.720> the law uh
  • the directed trusts uh the law uh the directed trusts uh the section<00:19:19.440> sections<00
  • bill address something called directed bill address something called directed trust<00:19:24.080
  • trust so this entirety of a directed trust so this gets<00:32:34.000> back<00:32:34.120> to
Bills: HF747, HF360
AZ

Arizona 2026 Regular Session

02/09/2026 - House Public Safety & Law Enforcement

Public Safety & Law Enforcement

Transcript Highlights:
  • Classification to include the intentional use of directed communication, whether verbally, written, or
  • communication that would give rise to the crime in this bill, but that directed communication was not
  • in the... ...to the crime in this bill, but that directed communication was not in the form of advice
  • Chairman, Representative Colleen, could you please direct me to that specific line? Yes, of course.
  • I too like the direction. I heard the concerns that Representative Collenden raised.
Bills: HB2665, HB2904, HB2917
Summary: The House Committee on Public Safety and Law Enforcement heard three bills. HB 2665, named Cade’s Law, would expand Arizona’s manslaughter statute to cover intentionally directed communications—verbal, written, or electronic—that encourage a minor to die by suicide, while excluding general public commentary and non-directed discussion of suicide or mental health. The sponsor and several parents and suicide-prevention advocates testified in support, emphasizing teen suicide risks and the need to address online communication. Some members raised concerns about ambiguity, peer-to-peer counseling, and whether minors could be swept into the statute. After a verbal amendment clarifying the communication language, the bill passed 10-4 with several members voting present due to drafting concerns. HB 2904 declared fentanyl trafficking across the Arizona-Mexico border a public health crisis and directed state health officials to act within their authority. The sponsor argued the bill was needed to combat cartels and protect Arizona from fentanyl-related deaths. The ACLU of Arizona opposed it, saying the bill used vague and unprecedented terms such as “unlawful invasion,” could sweep in asylum seekers or low-level drug offenders, and might affect bail and sentencing. After a contentious debate over border security, sovereignty, and the bill’s definitions, the committee gave HB 2904 a do pass recommendation by an 8-6 vote. HB 2917 would create a firefighter cancer registry at the Department of Health Services to collect and analyze data on cancer among Arizona firefighters. Firefighter representatives supported the measure as a way to better understand occupational exposure and improve prevention, but members questioned whether the bill’s reporting requirements were truly voluntary, since the draft appeared to require participation and provider reporting of medical information. The sponsor and supporters said the intent was not to mandate disclosure and were open to amendments to clarify consent and privacy. The committee approved the bill 12-1, with one present vote and one absence, while noting that cleanup amendments would be needed before floor consideration.
TX

Texas 89th Regular

Pensions, Investments & Financial Services Apr 7th, 2025

Pensions, Investments & Financial Services

Transcript Highlights:
  • We need to make it clear to ensure that Texans could trust the digital assets they held in custody would
  • Such transparency is essential for fostering trust and enabling consumers to make informed financial
  • This is done by removing the word "cash" and clarifying. that a state trust company under supervision
  • And if there was a disagreement between the trust company and the banking commissioner, how would that
  • For you, there are provisions in the chapter that allow for a trust company to appeal the supervision
KY
Transcript Highlights:
  • :12:40.399> over<00:12:40.800> five directed payments are reduced over five directed payments
  • Changes to limits on state directed payments.
  • Well, the bill caps any new state directed payments.
  • /c><00:42:43.520> you<00:42:43.680> have state directed payments that you have state directed
  • Medicaid state directed payment program. Medicaid state directed payment program.
Summary: The Medicaid Oversight and Advisory Board met on July 30, 2025, approved the June 25 minutes, and received a presentation from Katherine Castanza of the National Conference of State Legislatures on Medicaid provisions in H.R. 1. The presentation outlined more than 20 Medicaid-related provisions, emphasizing that the largest federal savings come from work/community engagement requirements, changes to provider taxes, limits on state-directed payments, more frequent eligibility redeterminations for expansion populations, and related eligibility/enrollment changes. She said the fiscal effects are backloaded, with most reductions occurring in the later years of the 10-year window, and noted potential significant impacts on hospital payments and state financing. She also described new funding opportunities, including a $50 billion rural health transformation fund and a new home and community-based services waiver with associated grants. A substantial portion of the discussion focused on Kentucky’s pending community engagement 1115 waiver and how it would interact with the new federal requirements. Board members asked whether the waiver had been approved, what the cabinet’s contingency plan would be if CMS does not approve it, and what the timeline is for compliance. Cabinet representatives said the waiver has not yet been approved by CMS, remains under public comment, and that the state will wait for CMS guidance before moving forward; if needed, the state would amend the waiver or submit a new one. They said the work requirement must be in place by January 1, 2027, with a possible extension to 2028. Castanza also explained that expansion adults with incomes between 100% and 138% of the federal poverty level would face new cost-sharing requirements beginning October 1, 2028, and that eligibility redeterminations would move from annual to every six months starting January 1, 2027. She then walked through provider tax changes, including a moratorium on new provider taxes beginning October 1, 2026, and a phased reduction in the hold-harmless threshold for existing taxes beginning January 1, 2028, with exemptions for nursing facilities and ICF/IID providers. Board members questioned the timing and likely impact on Kentucky, and Castanza responded that the effect would depend on each tax’s current rate and would phase in over time.
US
Transcript Highlights:
  • And a big part of that is the trust. Thanks to Dr.
  • But people also have to trust.
  • What's your plan there of getting trust back in this country?
  • You can't have trust unless you are transparent.
  • No matter what the budget is, I want to reform it in that direction.
Summary: The meeting of the committee focused on various healthcare and scientific issues, with significant discussions surrounding the impact of recent administrative actions on the National Institutes of Health (NIH) and its research agenda. Senators expressed concerns over funding cuts and personnel reductions, particularly the reported termination of over 1,200 NIH staff members, which could jeopardize ongoing and future research projects. The session included testimonies on the importance of supporting early-stage researchers and restoring public trust in scientific institutions following pandemic-related controversies. Additionally, the potential for future healthcare management based on diverse scientific ideas was emphasized as crucial to tackle chronic diseases effectively.
MN

Minnesota 2025-2026 Regular Session

House Environment and Natural Resources Finance and Policy Committee 3/3/26

Environment and Natural Resources Finance and Policy

Transcript Highlights:
  • <00:04:00.560> Fund,<00:04:01.280> the Resources Trust Fund, the Resources Trust Fund
  • The LCCMR resources trust fund.
  • <00:14:15.760> conditions Natural Resources Trust Fund. conditions Natural Resources Trust
  • Um are funded through the trust fund.
  • <00:25:04.640> fund it would have to meet the trust fund it would have to meet the trust fund
Bills: HF3426, HF3428
AZ

Arizona 2026 Regular Session

02/12/2026 - House Natural Resources, Energy & Water

Natural Resources, Energy & Water

Transcript Highlights:
  • Best interest to the beneficiaries of the trust.
  • I'm actually a lessee of state trust land.
  • It'll promote orderly development and infill the trust lands in ways that benefit the trust and prevent
  • ... ...development and infill the trust lands in ways that benefit the trust and prevent urban sprawl
  • the value of the remaining trust property.
Summary: The committee first took up House Bill 2150, which would continue the State Land Department until July 1, 2030. Members discussed a Griffin amendment requiring quarterly updates from the commissioner, a public hearing on the department’s strategic plan in 2028, changes to conceptual land use plans and five-year disposition plans, and legislative findings. The hearing focused heavily on State Land Department practices, including whether it is subject to state agency statutes, the department’s internal ASAP application review process, backlog levels, appraisal and consultant use, audit findings, privileged documents in the Fondomonte matter, Proposition 207 notices, and the Coyotes land auction. Members also raised concerns about land sales, leases, special use permits, and the department’s compliance history. The amendment was adopted and HB 2150 was passed as amended on a 6-4 vote. The committee then considered House Bill 2975, which would suspend the department’s solar scoring map and require new mining and housing resource maps, with a Griffin amendment extending the mapping deadline to ten years or earlier and requiring website posting. Supporters argued the bill would restore neutrality, improve planning, and maximize trust revenue; opponents said the solar map is only a guidance tool and that removing it could reduce transparency and harm solar development. The State Land Department said it was neutral but noted the solar layer is used as guidance and that additional staff or consultant support might be needed to create the new maps. The bill passed as amended on a 6-4 vote. House Bill 2781 followed, proposing county or municipal decommissioning standards and financial assurance requirements for solar energy power plants, along with a remediation fund. A Griffin amendment narrowed local authority to decommissioning standards only and limited applicability to projects receiving permits after the effective date. The sponsor and several witnesses from Pinal County planning and zoning supported the bill, saying solar projects should be required to post real financial assurance so land can be restored if operators go bankrupt or abandon sites. The committee adopted the amendment and passed HB 2781 as amended on a 6-4 vote. Finally, the committee began House Bill 2267, which would classify certain renewable energy projects within four miles of residential property as a public nuisance, with a Heap amendment narrowing it to new utility-scale wind or solar farms and preserving existing projects. The sponsor argued the bill responds to concerns about large wind and solar projects near homes, property values, and wildlife impacts. Testimony and questioning centered on nuisance standards, property value effects, and environmental and health concerns, but the transcript cuts off before final action on HB 2267.
US
Transcript Highlights:
  • Congress, the administration is as well there's been a flurry of activity already with new OMB directives
  • communities rely on federal funding and on tribal programs that flow from the federal government's trust
  • We will reach a step to meet those promises and fulfill the trust and treaty.
  • The federal trust and treaty obligations, tribal nations for education, and the federal trust obligations
  • I want to direct a couple of questions to you, Mr. Butler, with NFOA.
Summary: The committee meeting focused on crucial issues facing tribal nations, particularly emphasizing the federal government's trust and treaty obligations. The discussions highlighted ongoing challenges such as disparities in healthcare, education, and public safety within Native communities. Chair Murkowski underscored the importance of listening to Native leaders and aligning congressional efforts with community needs, advocating for legislative actions that support tribal sovereignty and economic development. Various initiatives, including the Tax Parity Act and the PROTECT Act, aimed at addressing jurisdictional and financial disparities, were discussed in detail. A call for bipartisan support to alleviate the funding shortages affecting Indian Health Services was made several times during the meeting. Testimonies from tribal leaders and representatives emphasized the dire need for legislative support to enhance infrastructure, healthcare access, and public safety initiatives in tribal communities.
MN

Minnesota 2025-2026 Regular Session

House Human Services Finance and Policy Committee 4/1/25

Human Services Finance and Policy

Transcript Highlights:
  • Self-directed PCA, Community First, and Consumer Directed workers are classified as executive branch
  • our our organization is not a direct our our organization is not a direct recipient<00:14:40.800
  • the Direct Care crisis yet the Direct the Direct Care crisis yet the Direct Care<00:35:37.400>
  • of certified direct the credentials of certified direct support<00:36:24.560> professional<00
  • across Minnesota's direct professionals across Minnesota's direct care<00:36:45.800> services
LA

Louisiana 2026 Regular Session

Finance May 21st, 2026

Finance

Transcript Highlights:
  • set of amendments does the following: It gives LDH more flexibility as to the timing of making the directed
  • It gives L.D.H. more flexibility as to the timing of making the directed payments.
OK

Oklahoma 2026 Regular Session

Judiciary Feb 10th, 2026 at 01:30 pm

Judiciary

Transcript Highlights:
  • OU Health is operated by a public trust.
  • They said that there's still a liability exposure for the trust that's operating OU Health because it
  • So, we're just making sure that the employees are covered and ultimately the public trust.
  • This is an update to the trust code.
  • through those as we've been operating uniform trust code and Oklahoma trust code.
FL

Florida 2026 Regular Session

Judiciary Jan 27th, 2026

Judiciary

Transcript Highlights:
  • if we look at the regulation of the litigation financing, for all litigation financing, the bill directs
  • , and this is a consumer protection part of it, directs the course of legal proceedings.
  • The bill directs, and this is a consumer protection part of it, that it directs the course of legal proceedings
  • First, we'll take up tab two members, Senate Bill 192 on patient funds held in trust by chiropractic
  • We will now go to tab 9 and take up Senate Bill 1000 on trust fund interest for purposes approved by
Summary: The Senate Judiciary Committee met with a quorum present and first postponed SB 532. It then heard and approved SB 620, which requires candidates for federal, state, county, district, judicial, and school board office to disclose any citizenship other than U.S. citizenship. The bill drew one waiver in opposition from Common Cause and passed 8-0. The committee also heard SB 1396 on litigation financing consumer protection. Supporters said it would add transparency, limit funder control over litigation, and require disclosure of foreign entities involved in funding; opponents argued it would create strategic advantages for defendants and could burden plaintiffs. The bill passed 7-2. The committee later approved SB 192, repealing a $1,500 cap on patient funds held in trust by chiropractic physicians, and SB 888, extending limits on indemnity and insurance requirements for design professionals in private contracts; both passed unanimously among those voting. The committee also approved several Judiciary-related measures. CS/SB 332, as amended, creates a narrow temporary public meetings/public records exemption for certain pre-suit Burt Harris litigation strategy discussions by local governments, and passed 7-0. SB 820, which strengthens quarterly reporting requirements for problem-solving courts, passed 10-0. SB 1500, implementing probate process recommendations to raise small-estate thresholds, clarify access to safe deposit boxes, and improve enforcement in uncontested probate, also passed 10-0. SB 144, creating a public records exemption for personal information of current and former Judicial Qualifications Commission employees and their families due to harassment concerns, passed 9-1. The committee then approved CS/SB 1224, as amended, making it a third-degree felony to fraudulently obtain possession of a rental unit through false written statements, counterfeit documents, or impersonation; the bill passed 10-0. SB 1000, setting a floor and ceiling for interest rates on law firm trust accounts tied to the Wall Street Journal prime rate, passed 10-0 after testimony from banking and credit union representatives and support from Senate leadership. Finally, CS/SB 694, providing compensation to the descendants of the Groveland Four, was heard with emotional testimony from family members and advocates describing the wrongful convictions, killings, and decades-long effort for redress; an amendment specified equal shares for the four families, and the bill passed 10-0. Several members requested to be recorded as voting in the affirmative on specific bills before the committee adjourned.
FL

Florida 2026 Regular Session

Banking and Insurance Feb 11th, 2026

Banking and Insurance

Transcript Highlights:
  • Overall, Senate Bill 598, ...authorized person provides direction.
  • Next, we'll take up tab 4, CS for SB 786 on trust by Senator Berman.
  • This bill, all it does is it modernizes trust law by creating a simple procedure for closing out a trust
  • If no objection is made, the trustee concludes the trust administration efficiently.
  • This bill, all it does is it modernizes trust law by creating a simple procedure for closing out a trust
Summary: The Banking and Insurance Committee met with a quorum present and temporarily postponed SB 7042 on legal tender and SB 1380 before taking up the remaining agenda. The committee first reported favorably C.S. for SB 326, which modernizes Florida’s curator statute in probate law by clarifying when curators may be appointed, what they may do, and what oversight applies. It then reported favorably SB 1256, which standardizes PBM pharmacy audits by requiring uniform audit standards, scope, frequency, penalties, and due process protections for pharmacies; testimony from pharmacists emphasized concerns about conflicts of interest, excessive audits, and disproportionate penalties, while preserving fraud investigations. The committee also reported favorably C.S. for SB 598 on funeral and cemetery services after adopting an amendment that removed provisions on civil damages caps and phasing out direct disposers; the bill updates licensure and contract rules and addresses unclaimed remains. SB 632, which sets insurance requirements for transportation network companies during the period after a ride is accepted but before pickup, was reported favorably despite opposition from an attorney who argued the existing coverage framework should not be reduced. C.S. for SB 786, creating a nonjudicial process to close out undisputed trusts and discharge trustees, was also reported favorably. The committee then took up SB 1110, a major bill expanding Medicaid and private insurance coverage for medically necessary orthotics and prosthetics, including activity limbs, and requiring annual reporting. After adopting an amendment clarifying eligible recipients, the committee heard extensive emotional testimony from amputees, parents, and advocates describing the medical, developmental, and financial importance of prosthetic coverage, and members spoke in strong support before the bill was reported favorably. Later, the committee considered SB 1588, which implements last session’s legal tender law by refining definitions, narrowing custodian provisions, eliminating unnecessary examination requirements, and repealing the sunset clause; members raised questions about verification and anti-money-laundering concerns, but the bill was reported favorably. Finally, the committee approved SPB 7044 as a committee bill to expand public records exemptions to records relating to newly regulated custodians of gold and silver. The meeting concluded with senators recording additional affirmative votes on selected bills and adjourning.
WY

Wyoming 2026 Regular Session

Senate Minerals, Business & Economic Development Committee, February 13, 2026

Minerals, Business & Economic Development

Transcript Highlights:
  • the fact right and ironically u despite the fact we<00:04:50.240> shouldn't<00:04:50.560> trust
  • <00:04:50.880> government<00:04:51.199> and<00:04:51.520> as we shouldn't trust
  • government and as we shouldn't trust government and as role<00:04:52.000> of<00:04:52.160>
Bills: SF0020, SF0021, SF0022
OK
Transcript Highlights:
  • Trust me. Have a motion in a second. Will there be any discussion or debate?
  • Last year, we passed a uniform trustst code, the Oklahoma uniform Trust code. It's about 66 pages.
  • Bill 2104 is just a cleanup bill that tightens up some definitions and aligns prior statutes with the trust
  • It removes physician faculty members and physician staff at the university hospital Trust.
TX

Texas 89th Regular

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • fiscal. year 2019 and the Finance Commission no longer receives appropriated funds as they are self-directed
  • Care Summit and Perpetual Care Trust funds.
  • House Bill 3806 relates to prohibiting activities of a state trust company under supervision.
  • cleanup bill requested by the Texas Department of banking, I would close a loophole by clarifying that trust
  • This is a really good step in the right direction. Thank you, Senator. Members, questions?
TX

Texas 89th 2nd C.S.

Business and Commerce May 13th, 2025

Business & Commerce

Transcript Highlights:
  • And the Finance Commission no longer receives appropriated funds as they are self-directed and semi-independent
  • House Bill 3806 relates to prohibited activities of a state trust company under supervision.
  • cleanup bill requested by the Texas Department of Banking and would close a loophole by clarifying that trust
  • It would prohibit supervised trust companies from engaging in any other activity the banking commissioner
  • through that website, so I think our local governments, this is a really good step in the right direction