Video & Transcript Research : 'disclosure statements'

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AL
AL

Alabama 2025 Regular Session

Alabama House County and Municipal Government Committee Feb 19th, 2025

County and Municipal Government

MN
MN

Minnesota 2025-2026 Regular Session

House Elections Finance and Government Operations Committee 3/18/26 - Afternoon Meeting

Elections Finance and Government Operations

Transcript Highlights:
  • Who's the US in your statement?<00:25:55.120> The<00:25:55.360> libraries. statement?
  • of interest statement.
  • or the conflict of interest statement or the conflict of interest<00:51:28.000> statement.
  • board an economic interest statement board an economic interest statement within<00:52:10.000>
  • <00:59:23.280> statement underlining uh disclosure statement underlining uh disclosure statement
Bills: HF3698, HF4243, HF4239, HF4241, HF4242, HF4240
Keywords: libraries, electronic books, digital audiobooks, licensing agreements, public access, campaign finance, elections, political contributions, disclosure, reporting thresholds, economic interest statements, financial disclosure, ethics, public officials, local officials, metropolitan governmental unit, metropolitan area, candidate filings, principal campaign committee, political committee
OK
OK

Oklahoma 2026 Regular Session

Senate Legislative Session Feb 11th, 2026 at 01:30 pm

Oklahoma Senate Floor Meeting

MN
MN

Minnesota 2025-2026 Regular Session

House Judiciary Finance and Civil Law Committee 2/26/26

Judiciary Finance and Civil Law

Transcript Highlights:
  • /c><00:09:31.279> uh<00:09:31.440> we'll disclosure causes bodily harm, uh we'll disclosure
  • of that data might, how that disclosure might impact a participant.
  • of that data might be, and how that disclosure might impact a participant.
  • , on our radon testing, well disclosures, on our radon testing, well disclosures, uh,<00:14:51.920
  • through some of my closing statements through some of my closing statements here.<00:58:50.799><
Bills: HF3676, HF2959, HF3233
Keywords: Safe at Home, address confidentiality, domestic violence, sexual assault, stalking, harassment, victim privacy, survivor protection, confidential address, protected address, secret address, identity protection, residential confidentiality, program participant, nondiscrimination, court disclosure, protective order, service of process, driver's license, state ID
AZ
AZ

Arizona 2026 Regular Session

02/18/2026 - House Federalism, Military Affairs & Elections

Federalism, Military Affairs & Elections

Transcript Highlights:
  • If I'm reading correctly, I think the verbal disclosure requirement is new. Is that correct?
  • I think the oral disclosure requirement is probably okay, but would solicit more feedback from anyone
  • Representative Kolodin: The disclosure requirement is probably okay, but I would solicit more feedback
  • Because I don't think I fully understood that statement. Mr. Chair and Mr.
  • And they don't file a campaign contribution statement. They never raised...
Bills: HB2775, HB2874, HB2940, HB4014, HB4067, HB4115, HCM2010, HCR2051
Keywords: international organizations, government resources, public institutions, Arizona Board of Regents, foreign adversaries, campaign finance, contributions, termination statements, reporting, penalties, electoral processes, healthcare, public benefits, eligibility verification, fraud prevention, Medicaid, SNAP, transparency, accountability, state land
Summary: The Committee on Federalism, Military Affairs, and Elections heard several election, health care, and sovereignty-related measures. HB 4115 and mirror resolution HCR 2051 would extend existing statewide rules for paid petition circulators and initiative/referendum disclosures to municipal and county measures, including badge/display requirements for paid circulators and disclosure of expenditures and revenue sources. Speaker Montenegro and supporters framed the bills as transparency and anti-out-of-state influence reforms; the committee recommended HB 4115 do pass by 5-2 and HCR 2051 by 4-3. The committee also considered HCM 2010, urging Congress to repeal the Seventeenth Amendment and return selection of U.S. senators to state legislatures. Sponsor Rep. Powell argued it would restore state sovereignty and accountability, while other members raised concerns about direct democracy, deadlock, and the need for broader public support. The memorial failed on a 3-3-1 vote after a present vote was recorded, despite some members expressing sympathy for the concept. HB 2940 proposed major changes to AHCCCS and DES eligibility verification and procurement, including expanded data checks, a unified eligibility rules engine, new contracting concepts, and a fixed benefit price list. The sponsor said the bill was intended to increase competition, transparency, and fiscal discipline; AHCCCS testified neutrally, noting it already uses many data matches but would need additional work and costs for some provisions, while health plan representatives opposed the bill as a major operational shift that could limit negotiated rates. The committee recommended the bill do pass 4-3. HB 2874, which would ease termination-statement requirements and penalties for committees that never raised money, passed unanimously 7-0. HB 467, requiring inactive-voter status information to appear in precinct registers, signature rosters, or e-poll books, was amended to change a mandatory “shall” to permissive “may” and then passed 5-2. Finally, HB 2775, as amended, would bar state and higher-education participation in implementing international-organization rules or agreements; after removing rulemaking authority for ABOR and adding a higher-education review process, it passed 4-3. The committee then adjourned.
MN
MN

Minnesota 2025-2026 Regular Session

House Workforce, Labor, and Economic Development Finance and Policy Committee 2/27/25

Workforce, Labor, and Economic Development Finance and Policy

Transcript Highlights:
  • She noted that the mission statement says it is about licensing, permitting, and regulatory matters for
  • I've heard you mention in a statement that you brought this idea to the bill, to this current law, because
  • Morley said, in a short statement, that the last time the business-first-stop statute was amended was
Bills: HF8, HF1416
Keywords: wetlands, environmental review, permitting efficiency, Pollution Control Agency, construction permits, environmental impact statements, local government, business regulation, environmental assessments, HF1416, relocation grants, economic development, business relocation, site selection, business incentives, grant extension, appropriation extension, DEED, Department of Employment and Economic Development, request for proposals
LA
LA

Louisiana 2026 Regular Session

Administration of Criminal Justice Mar 31st, 2026

Administration of Criminal Justice

AL
AL

Alabama 2025 Regular Session

Alabama House Ethics and Campaign Finance Committee Feb 19th, 2025

Ethics and Campaign Finance

Transcript Highlights:
  • Um, clarity to candidate filings of statements of economic interest.
  • The current statement has been filed as an alternative to refiling again.
  • Well, the reason for the disclosures is so that...
  • I think even with a municipal election, you have to file a statement.
  • But at that point, you don't have to do a statement.
Bills: HB250
Keywords: HB250, Alabama Ethics Commission, statement of economic interests, financial disclosure, candidate ethics, campaign finance, candidate filing deadline, qualifying papers, declaration of candidacy, independent candidate, ballot access, election law, ethics reform, public officials, public employees, asset disclosure, income disclosure, real estate holdings, indebtedness disclosure, late filing penalty
AL
AL

Alabama 2025 Regular Session

Alabama House Commerce and Small Business Committee Feb 12th, 2025

Commerce and Small Business

Transcript Highlights:
  • The bill clarifies that recap disclosures are required before a buyer...
  • Disclosures are required before a buyer of property, but a written agreement is not required at this
Bills: HB230
Keywords: real estate, brokerage, broker, salesperson, licensee, consumer disclosure, agency disclosure, RECAD, Real Estate Consumers Agency and Disclosure Act, Alabama Real Estate Commission, buyer agreement, listing agreement, transaction broker, single agent, dual agency, compensation disclosure, commission, referral agreement, referral fee, written agreement
KY
KY

Kentucky 2026 Regular Session

House Legislative Session Day 14 (1-27-26)

Kentucky House Floor Meeting

Keywords: Convene 00:00:00 Senate Message 00:04:59 Orders of the Day 00:06:19 Recess 00:06:38 Reconvene 01:11:12 HB 306 01:11:42 HB 34 01:14:19 Motions, Petitions, and Communications 01:16:25 Rep. Petrie Statements on Budget 01:16:42 Motions, Petitions, and Communications continued 01:23:50 Introduction of New Bills and Resolutions 01:36:28 Recess for ConC and Rules Meeting 01:38:52 ConC/Rules Report 01:45:18 Floor Amendments 01:46:21 Adjournment 01:46:32, 958, all
Summary: The House convened on the 14th legislative day after winter weather closures, established a quorum, approved the prior journal, and received notice that the Senate had passed Senate Bills 27, 30, 40, and 76 and requested concurrence. The chamber also suspended rules to allow co-sponsorship and vote modifications, and later recessed briefly for caucus and for meetings of the committee on committees and the rules committee. Two bills were taken up and passed on the floor. House Bill 306, relating to criminal trespass, was explained as a workplace-safety measure that would define disruptive or threatening behavior in workplaces and increase penalties for repeat offenses; it passed 83-7. House Bill 34, relating to death benefits, was described as expanding recognized cancers for fire service-related benefits; it passed 92-0. After passage of HB 34, a motion for a clincher was adopted without objection. During announcements, a member from Todd outlined the newly filed branch budget bills and said the executive budget would be a scaled-back, “bare-bones” operational budget focused on restraining spending growth and inviting more public review through budget subcommittees. The House also adopted a citation honoring Notre Dame Academy and Catholic Schools Week, heard an announcement about hearing screenings by the Kentucky Academy of Audiology, and received a lengthy floor speech marking International Holocaust Remembrance Day before adopting House Resolution 30 without objection. At the end of the session, new bills and resolutions were introduced, including measures on lactation consultation, Medicaid waivers, a child tax credit, postsecondary employment, long-term care, court security officers, prisoner monitoring devices, administrative regulations, the state budget, transportation, legislative and judicial appropriations, stalking, and memorial overpasses. The committee on committees referred several bills to standing committees, the rules committee posted House Bills 56, 214, 281, and 366 for the next day, a floor amendment to House Bill 320 was reported, and the House adjourned until 2:00 p.m. on Wednesday, January 28, 2026.
KY
KY

Kentucky 2025 Regular Session

Interim Joint Committee on Banking and Insurance (9-16-25)

Transcript Highlights:
  • And so I Those statements as well.
  • 27:49.600> first, health mandate statements were first, health mandate statements were first,
  • > requirements statement, there's three requirements statement, there's three requirements and
  • Um, then there's also a statement that these defrayal or fiscal impact statements do not include the
  • . statements. statements.
Keywords: Meeting Start 00:00:00 Call to Order and Roll Call 00:00:23 Kentucky Bankers Association 00:02:32 How to Read and Understand KRS 6.948 Health Mandate and Federal Cost Defrayal Impact Statements 00:25:40 Proposed Amendments to Kentucky's Essential Health Benefit-Benchmark Plan 00:50:18 Proposed Health Insurance Legislation for the 2026 Session 01:04:22 Reimbursement for Covered Benefits Delivered Through the Psychiatric Collaborative Care Model 01:01:46 Coverage of Eating or Feeding Disorders 01:18:47 Coverage of Hearing Loss 01:25:31, 958, all
Summary: The Interim Joint Committee on Banking and Insurance met for its first interim meeting, established a quorum, approved routine opening items, and welcomed a new committee assistant and a legislative intern. The committee first heard a Kentucky Bankers Association presentation from Tim Shank and John Cooper focused on the state’s housing shortage, which they described as affecting all 120 counties and especially low- and moderate-income and workforce housing. They urged support for a proposed $20 million banker-backed revolving fund, paired with tax credits, to finance new housing construction; they said the program would be flexible, could support alternatives such as manufactured housing, and would use below-market loans with tax credits vesting over five years only after units are completed. They also asked for extension of the historical tax credit carryforward from five to seven years and for continued support of new market tax credits, arguing that supply-chain delays make the longer period necessary for historic rehabilitation projects. The bankers also raised concerns about credit unions, arguing that because credit unions do not pay the same taxes as banks, they should not be allowed to acquire healthy state-chartered banks or hold state and local deposits. They cited the recent purchase of First State Bank of Middlesborough as an example, saying the transaction would reduce state, county, and city tax revenue and weaken local tax bases. In response to committee questions, the presenters said local regulations, zoning, parking, sidewalk, and utility easement issues can significantly delay housing projects, and they emphasized that state policy and infrastructure support are needed to help address affordability and development barriers. The committee then shifted to a Department of Insurance presentation by Commissioner Sharon Clark on how to read KRS 6.948 health mandate and federal cost defrayal impact statements. Clark explained that the mandate statements were created in 1998 so legislators would have actuarial estimates of how proposed health insurance mandates would affect administrative costs, premiums, and total costs, and she noted that later legislation added federal cost-defrayal analysis. She also reviewed the background of the Affordable Care Act’s essential health benefits framework and said the department’s statements are intended to help lawmakers make informed decisions on proposed health coverage mandates. No votes or formal actions were taken during the portion of the meeting provided.
LA
LA

Louisiana 2026 Regular Session

House and Governmental Affairs Apr 8th, 2026

House and Governmental Affairs

AL
AL

Alabama 2025 Regular Session

Alabama House Ethics and Campaign Finance Committee Apr 2nd, 2025

Ethics and Campaign Finance

Transcript Highlights:
  • We're already in that season of having to file our economic statements.
  • But it also provides that for those persons that work in government, if they have already filed a statement
  • of have already filed a statement of economic interest that they just provide proof to the commission
Bills: SB165
Keywords: candidates, economic interests, disclosure, ethics, transparency, public officials, 1136, house, all
ND
ND

North Dakota 2025-2026 Regular Session

House Government and Veterans Affairs Apr 16th, 2025 at 02:30 pm

Government and Veterans Affairs

Transcript Highlights:
  • a part of that section that indicates if the statewide political party is not required to file a statement
  • essentially if they're not inactive but not active during that cycle, they're required to file a year-end statement
  • So that kind of applies to what goes into that year-end statement.
Bills: SB2156
Keywords: campaign finance, disclosure, political contributions, election transparency, North Dakota Century Code, 908, all
Summary: The committee met to reconsider and further amend Senate Bill 2156, a campaign finance/reporting bill tied to Secretary of State filing requirements and new software implementation. Members and legislative counsel explained that the bill would keep current law in place for 2025, then take effect January 1, 2026, when the new system is expected to be ready. Discussion focused on hard reporting dates, how year-end and quarterly reports would be handled, which entities must disclose balances, and clarifying that some provisions apply to statewide political parties and certain political committees but not to candidates or candidate committees in the same way. Representative Steiner walked through the amendment, describing it as mostly technical and intended to align reporting deadlines with fixed calendar dates, simplify compliance, and preserve existing treatment for some balance disclosures. Members asked about public availability of certain filed information, the meaning of references to beginning and ending balances, and whether the new fines and other provisions would also be delayed until 2026. Legislative counsel said the bill’s effective date would cover the entire act and noted some disclosure questions were not clearly answered in current law. The committee adopted the amendment and then approved Senate Bill 2156 as amended on a do-pass motion. The roll call was unanimous, and the chair adjourned the meeting, noting the changes were intended to help the Secretary of State’s office and candidates transition to the new reporting system.
ND
ND

North Dakota 2025-2026 Regular Session

House Government and Veterans Affairs Apr 14th, 2025 at 03:30 pm

Government and Veterans Affairs

Transcript Highlights:
  • multi-candidate committee in there because this is the reporting requirement for the year of the annual statement
  • And then also for folks who have to file their year-end statement, basically compiling all of their 2025
Bills: SB2156
Keywords: campaign finance, disclosure, political contributions, election transparency, North Dakota Century Code, 908, all
Summary: The subcommittee met to review amendments to a campaign finance bill, focusing on reporting requirements for ending balances and annual statements. Members and staff worked through whether the language should apply to all multi-candidate committees or only statewide multi-candidate committees, and whether the addition of non-statewide political parties created any unintended change from current law. Dustin Richard from the Secretary of State’s office explained that the draft needed to be tightened to mirror existing law by inserting “statewide” where appropriate, while keeping the new non-statewide political party provisions as intended. The committee also discussed an effective date and application clause. Staff explained that an effective date of January 1, 2026 would align with the new reporting requirements, and that 2025 transactions would still be reported under the old law while 2026 transactions would follow the new rules. Members asked for plain-language clarification about how the application clause would work and whether any statutory cleanup would be needed afterward. A motion was made, seconded, and approved to adopt the amendments, with the motion then rephrased to refer to the “Dustin amendments.” The meeting concluded with scheduling discussion about reconvening later in the week to keep the bill moving before the deadline, followed by adjournment.
ND
ND

North Dakota 2025-2026 Regular Session

House Government and Veterans Affairs Apr 9th, 2025 at 11:01 am

Government and Veterans Affairs

Transcript Highlights:
  • And this is on HB 2156, campaign finance disclosure as it relates to campaigns.
  • Then Section 7 of the bill is repealing the campaign disclosure statements, so Section 4 is the meat
  • So moving on to subsection 5, this is your 48-hour supplemental statements.
  • So essentially, they have to file a campaign disclosure statement, including all contributions, deposits
  • I mean, just like anything else, a job statement. Well, I think they have to.
Bills: SB2156
Keywords: campaign finance, disclosure, political contributions, election transparency, North Dakota Century Code, 908, all
Summary: The subcommittee met to review HB 2156, which reorganizes North Dakota campaign finance disclosure law by repealing Chapter 16.1 and moving the provisions into a new Chapter 16.2 with mostly technical cross-reference updates. Legislative Council and the Secretary of State’s office walked through the bill section by section, explaining that most language is carried over from current law, with some cleanup to definitions, reporting requirements, public access rules, and filing procedures. The committee discussed how the new chapter would apply to candidates, candidate committees, political committees, political parties, ballot measure groups, and conduits. Several substantive issues were raised and adjusted during the discussion. Members questioned the open-records language for expenditures and contributions over $250, the use of “deposit” versus “receipt” as the reporting trigger, and whether the 48-hour supplemental reporting deadline should be changed to three calendar days; the group ultimately favored keeping 48 hours and using “deposit” consistently. They also clarified reporting dates, including changing one special-election deadline from 40 days to 39 days, and confirmed that balances of campaign funds would be reported but not made publicly available. The Secretary of State’s office also explained that the bill would make late fees public and that the chapter-wide penalty for willful violations remains a Class A misdemeanor. The main policy change debated at length was the late-filing fee schedule. Members expressed concern that the existing penalties were too low to deter intentional non-filers, and after discussion the committee agreed to increase the final late fee from $100 to $500 while keeping the new public posting of delinquent filers. The committee also reviewed an inflation-adjustment provision for reporting thresholds and the “ultimate true source of funds” language, which was described as existing law being carried into the new chapter. The meeting ended with the understanding that additional drafting changes would be made and that the bill would be ready for further committee action later in the week.
FL
FL

Florida 2026 Regular Session

Ethics and Elections Jan 28th, 2026

Ethics and Elections

Transcript Highlights:
  • have, I believe it's around the technology component, and when those are renewed, it's kind of a disclosure
  • Or statements of financial interest. Thank you, Mr.
  • if the reporting individual filed his or her financial disclosure late, but before the maximum automatic
  • The maximum automatic fine for the late filing of the financial disclosure, and the reporting person
  • The financial disclosure process and transparency compliance goals for our public officers and employees
Bills: S1622, S1178
Keywords: financial disclosure, statement of financial interests, ethics, late filing, late-filed disclosure, automatic fine, waiver, Florida Commission on Ethics, public officials, state officers, local officers, state employees, ethics enforcement, government transparency, sunshine law, reporting persons, penalty reduction, first-time offender, election ethics, general revenue fund
Summary: The committee met with a quorum present and first took up Senate Bill 1178, the Foreign Interference Restriction and Enforcement Act, sponsored by Senator Garcia. The bill would expand state restrictions on foreign countries of concern and designated foreign terrorist organizations, including creating a state registration framework for foreign agents, banning gifts to public officials from covered foreign entities, requiring ethics training on foreign influence, tightening procurement limits for information technology and critical infrastructure, restricting sister-city/sister-state encouragement, revising linkage institute rules and tuition provisions, and criminalizing certain conduct tied to foreign governments or unauthorized enforcement of foreign law. Members asked extensive questions about how the bill would affect election technology, software development, federal foreign-agent registration, educational exchanges, and the treatment of organizations such as CARE; the sponsor said the bill focused on ownership/control and foreign countries of concern, not specific components or general participation in events. An amendment by Senator Grall was adopted to clarify definitions, align penalties with willful violations, and specify that new ethics training content is additive. The committee then heard supportive testimony from Kelly Curry of State Armor and Rob Pierce of American Global Strategies, both of whom argued the bill would help Florida counter foreign influence, protect data and infrastructure, and improve transparency. CS for SB 1178 was reported favorably by roll call vote. The committee then considered Senate Bill 1622, which provides a one-time waiver of the automatic fine for a late-filed financial disclosure under specified conditions, including that the filer submitted the disclosure before the maximum fine accrued and had not previously received such a waiver. Carrie Stillman of the Commission on Ethics testified in support, saying the bill preserves transparency and compliance goals while making the fine and appeals process more workable. The bill was reported favorably by roll call vote. Finally, the committee took up confirmation hearings for appointments in tabs 3 through 26. No separate votes were requested, no public testimony was offered, and the block of appointees was recommended favorably to the full Senate by roll call vote. The meeting then concluded with no further business.
AL
AL

Alabama 2025 Regular Session

Alabama Senate County and Municipal Government Committee Feb 11th, 2025

County and Municipal Government

FL
FL

Florida 2026 Regular Session

Appropriations Feb 5th, 2026

Appropriations

Transcript Highlights:
  • Next, on tab 4, there's SB 856, disclosure of estimated ad valorem taxes, by Senator DiCeglie.
  • Now, you don't necessarily know that I agree with that complete statement, but you have a very, very
  • I don’t believe it’s ever going to go away because, again, what that original statement was has been
Bills: S7040, S0110, S0434, S0856
Keywords: property assessment, wind damage, home improvements, real estate, tax exemption, Florida statutes, ad valorem taxes, property listings, tax estimation, disclosure, Florida, residential property
Summary: The committee met with a quorum present and took up three property-tax related bills before turning to a broader discussion of the Emergency Preparedness and Response Fund. SB 434, which would prohibit counties from increasing a residential property’s assessed value because the owner installed wind mitigation measures, was presented by Senator Lee and reported favorably. CS for SB 110, which clarifies that holders of 98-year-or-longer residential leases remain eligible for the homestead exemption even if the lease ends at death, was also reported favorably. SB 856, requiring online residential listing platforms to display estimated property taxes using prescribed calculation methods and not the current owner’s tax bill, drew support from property appraisers, Zillow representatives, and others and was reported favorably after questions about transparency and realtor obligations. The committee then considered SPB 7040, which would recreate and extend the Emergency Preparedness and Response Fund through December 31, 2027. Senator DiCeglie and Division of Emergency Management Director Kevin Guthrie argued the fund is needed for hurricane response, other natural and man-made emergencies, and reimbursement-based spending; they said the extension preserves legislative oversight that would otherwise lapse. Several senators questioned the use of the fund for immigration-related operations, detention facilities, and other non-disaster activities, as well as the lack of additional guardrails, reimbursement timing, and transparency. Guthrie said the division has used the fund for hurricanes, flooding, civil unrest, security operations, and other incidents, and that some reimbursements are still pending from the federal government. Public testimony on SPB 7040 was largely opposed. Speakers from the Florida Center for Fiscal and Economic Policy, the Southern Poverty Law Center, Florida for All, and others argued the fund has been repurposed for immigration enforcement and detention-related spending rather than true emergencies, and raised concerns about deaths in detention and the absence of competitive bidding and oversight. Guthrie answered extensive questions about the South Florida and North Florida detention facilities, Operation Vigilant Sentry, State Guard support, reimbursement requests, equipment purchases, and legislative access to facilities. The committee did not take a final vote on SPB 7040 within the portion of the transcript provided.
FL
FL

Florida 2026 Regular Session

Finance and Tax Jan 28th, 2026

Finance and Tax

Transcript Highlights:
  • Is that a fair statement? Yes, sir. Okay. My second question, again, thank you, Mr.
  • Is that a fair statement to begin with?
  • will— Taken into account in however the budget got developed, because it will affect the outlook statement
Bills: S0110, S0434, S0856
Keywords: property assessment, wind damage, home improvements, real estate, tax exemption, Florida statutes, ad valorem taxes, property listings, tax estimation, disclosure, Florida, residential property
Summary: The committee heard and passed three bills before moving to a staff presentation on the state revenue forecast and the federal One Big Beautiful Bill Act. SB 856, by Senator DeSantis? [sic], would require online real estate listing platforms to display estimated property taxes for residential properties using prescribed methods and DOR-developed formulas rather than the current owner’s tax bill. Supporters from county, city, and property appraiser groups said the bill would improve transparency and help homebuyers avoid surprise tax and escrow increases. The bill was reported favorably after debate about making sure the estimate appears on realtor and platform sites for first-time buyers. SB 110, by Senator Arrington, was amended and then reported favorably. The bill clarifies that people holding 98-year-or-longer residential leases remain eligible for the homestead tax exemption even if the lease ends upon the tenant’s death, aligning those leaseholds with life estates for estate-planning purposes. The amendment, supported by the Florida Bar’s real property, probate and trust law section, clarified that lease provisions terminating at death are valid under current law. SB 434, by Senator Leak, was also reported favorably; it would prevent property tax assessments from reflecting increased just value attributable to wind-hardening improvements such as stronger roof attachments, shutters, and roof-to-wall reinforcements. The committee then received an update from staff director Azar Khan on the new general revenue forecast. He said collections had been running slightly above estimate overall, but the Revenue Estimating Conference reduced corporate income tax projections because of weaker recent collections and uncertainty around tariffs, while increasing some other revenue sources. Members then discussed the federal One Big Beautiful Bill Act, which staff said would significantly reduce Florida corporate income tax revenue, with a large first-year impact driven by retroactive provisions such as bonus depreciation, research expensing, and business interest deductions. Senators and the appropriations chair said the forecast and federal changes would affect budget planning, and the committee adjourned after noting the bills had been favorably reported and the meeting was complete.