Transcript Highlights:

• Under the proposed substitute before you, state agencies will be prohibited from imposing an undue burden
• State agencies will be prohibited from imposing an undue burden on Indian tribes' exercises of traditional
• If an Indian tribe claims that a state agency has created an undue burden.
• financial solvency.
• So we're having the financial challenges of so many of you are facing right now.

Bills: HB2514, HB2551, HB2236, HB2470

Keywords: HB 2514, global war on terror, GWOT, war on terror memorial, Capitol campus memorial, Washington veterans, fallen service members, military memorial, post-9/11 veterans, Iraq War, Afghanistan War, Operation Iraqi Freedom, Operation Enduring Freedom, Operation New Dawn, veterans memorial, capitol grounds, state memorial, Secretary of State, Capitol Committee, Department of Veterans Affairs

Summary: The Capital Budget Committee heard several bills. Substitute House Bill 2281 would require state agencies to consult with tribes before actions affecting tribal traditional cultural places and, under the substitute, would prohibit undue burdens on tribal traditional cultural practices unless justified by a compelling state interest and least restrictive means. Supporters, including tribal representatives, said the bill would better protect sacred sites and give tribes an enforceable remedy; an industry representative asked for narrower, clearer language. House Bill 2514 would create a work group to plan a Global War on Terror memorial on the Capitol campus, including names to honor, site options, design, and funding; the sponsor said it would help turn an existing authorization into a concrete plan and fundraising path. House Bill 2551 would let school districts with ending fund balances at or below 3% seek OSPI approval to sell real property to restore financial stability and avoid binding conditions, with rules to ensure transparency and limit use to once every five years. The Tacoma School District supported the bill as a tool to manage severe budget pressure, while a committee member raised concerns about possible effects on local land use and gentrification. Substitute House Bill 2668 would direct Fish and Wildlife to identify alternate locations for the Bob Oake Game Farm and seek future capital funding to relocate and remediate the current site because of nitrate contamination affecting the Centralia area aquifer. Centralia officials, county public health, and tribal representatives said relocation is needed to protect drinking water and avoid much larger future treatment costs, while noting the farm should continue operating elsewhere. The committee also took executive action on the proposed substitute for House Bill 2470, which would increase school construction assistance for projects on military bases by adding 15% to the state match. Supporters said military families need safe, quality school facilities; one member voted no, citing concerns about federal responsibility and the bill’s relationship to school district financial pressures. The substitute passed the committee 15-1, with three excused.

Transcript Highlights:

• DCR, in conjunction with DHS, will assist the petitioner in preparing applications for individual financial
• preparing applications for petitioner in preparing applications for individual<00:01:10.720><c> financial
• </c><00:01:11.200><c> and</c><00:01:11.439><c> medical</c> individual financial and medical individual
• financial and medical assistance<00:01:12.159><c> so</c><00:01:12.320><c> that</c><00:01:12.479><c>

Bills: SB3294

Keywords: wrongful conviction, compensation, Hawaii Revised Statutes, innocence, legal process, burden of proof, case manager, medical coverage, judicial discretion, 912, senate, all

Summary: The committees first took up SB 3294, a controversial measure concerning post-release assistance for people pursuing reversals of prior court decisions where innocence is in question. Members discussed keeping the bill moving on the “human side” while a House companion addressed the legal issues. The adopted amendments removed advanced compensation language and instead required DCR, with DHS, to help petitioners prepare applications for financial and medical assistance, notify DHS upon release, assign a case manager to assist with a cell phone for one year, housing, employment, mental health counseling, and expedited benefits, and provide a state ID upon release. The measure also included technical amendments and a defective date, and it passed unanimously. The joint committees then heard SB 2237 on fire prevention, which would require state agencies to create and update hazard maps and direct DNR to adopt rules and clear brush. DLNR testified that a single lead agency should develop the maps with input from other agencies, that a five-year timeline would be more reasonable, and that assigning DNR all fuels management on state lands would create an unfunded mandate. Members discussed using the newly created fire marshal’s office as the lead, and the committees ultimately deferred the bill in favor of a broader wildfire mitigation measure already moving in another committee. The final agenda included SB 2596 on government leases, SB 30002 on the Hawaii State Planning Act and green infrastructure, and SB 3067 on records and filing requirements. SB 2596 was advanced unamended to Ways and Means. On SB 30002, OPSD explained that a 2025-2027 comprehensive review of chapter 226 is underway, with a report and draft legislation due in 2027, and members debated whether to move piecemeal changes now or wait for the broader review; the bill nevertheless passed unamended. SB 3067, which updates outdated filing formats and drawing scales, also passed unamended with DAGS supporting the measure in writing.

Transcript Highlights:

• support for building and financial support for building and financial support for building and maintaining
• Meanwhile, financial needs minimal. Meanwhile, financial needs minimal.
• Meanwhile, financial needs continue to exist for day-to-day local continue to exist for day-to-day local
• bill does is they are trying to this bill does is they are trying to find ways to tap into more financial
• find ways to tap into more financial find ways to tap into more financial resources.

Bills: HB 10, HB 12, HB 147, HB 1522, HB 422, HB 675, HB 204, HB 748, HB 912

Keywords: regulatory reform, government efficiency, administrative law, rulemaking, agency deference, judicial review, de novo review, Texas Government Code, Administrative Procedure Act, state agencies, plain language, regulatory burden, regulatory reduction, cost-benefit analysis, fiscal note, public benefits and costs, contested case, rule challenge, Texas Regulatory Efficiency Office, advisory panel

Transcript Highlights:

• I would personally like to commend our state and county treasurers for their diligent financial stewardship
• now in law, I'll give you an example, right, so right now in law There's a requirement for certain financial

Bills: HB10, HB 12, HB147, HB1522, HB422, HB675, HB204, HB748, HB912

Keywords: regulatory reform, government efficiency, administrative law, rulemaking, agency deference, judicial review, de novo review, Texas Government Code, Administrative Procedure Act, state agencies, plain language, regulatory burden, regulatory reduction, cost-benefit analysis, fiscal note, public benefits and costs, contested case, rule challenge, Texas Regulatory Efficiency Office, advisory panel

Bills: HF1346, HF1169, HF1276

Keywords: mandatory reporting, training requirements, child maltreatment, abuse detection, local welfare agency, child protection, child welfare, paperwork reduction, social services information system, SSIS, Department of Children, Youth, and Families, foster care, children in placement, county social services, Tribal governments, private child placing agencies, case management, administrative burden, information technology, human services

Transcript Highlights:

• </c> is approximately half the financial is approximately half the financial benefits<00:52:40.760><c
• One caregiver told me, they said, “I would get financial help.
• </c> difficulties moreover the financial difficulties moreover the financial strain<01:11:32.159><c>
• </c><01:12:13.480><c> assistance</c> need we can extend financial assistance need we can extend financial
• Are there other financial considerations that need to be taken into account as well?

Bills: HF1346, HF1169, HF1276

Keywords: mandatory reporting, training requirements, child maltreatment, abuse detection, local welfare agency, child protection, child welfare, paperwork reduction, social services information system, SSIS, Department of Children, Youth, and Families, foster care, children in placement, county social services, Tribal governments, private child placing agencies, case management, administrative burden, information technology, human services

Transcript Highlights:

• Welcome to Banking, Financial Services, and Pensions.

Bills: SB1623, SB2067, SB2132

Keywords: credit union, Oklahoma State Credit Union Board, membership, loans, investments, board compensation, financial regulations, financial exploitation, protected adults, financial institution, notification, temporary hold, credit card, surcharge, discounts, consumer protection, payment methods

Summary: The Banking, Financial Services, and Pensions Committee heard three bills. Senate Bill 2132, presented by Rep. Geis, would raise the allowable credit card processing fee cap from 2% to 3% and preserve consumer protections requiring notice to customers. During discussion, members raised concerns about whether 3% was enough to cover actual merchant costs; Geis said she had spoken with the Senate author and was prepared to amend the bill to 4%, which she said would better match average costs and cover most businesses. The committee agreed to let the language be handled before Oversight, and the bill passed 8-0. House Bill 1623, also presented by Geis, updates the state charter for credit unions to give state-chartered institutions more flexibility similar to federally chartered credit unions. It revises field-of-membership rules, removes geographic or membership overlap considerations, and allows the board to add association categories for individuals in underserved areas below 150% of the poverty level. The bill received no questions and passed 8-0. Senate Bill 267, presented by Rep. Lepak, carries the same language previously passed in House Bill 3020 and deals with protection of vulnerable adults. Lepak said bankers and credit unions were working together on the measure. The committee took no substantive debate and passed the bill 8-0. The meeting then adjourned.

Bills: SB1623, SB2067, SB2132

Keywords: credit union, Oklahoma State Credit Union Board, membership, loans, investments, board compensation, financial regulations, financial exploitation, protected adults, financial institution, notification, temporary hold, credit card, surcharge, discounts, consumer protection, payment methods, 914, all

Transcript Highlights:

• My question is, on the financial burden, how long would it take to go back, whether it's 2024, 2020?
• Have you considered that, the financial burden and the time involved?
• No, sir, I didn't think it would be a financial burden or time at all with the change of a formula in
• And even our highly engaged families with disabilities can really feel overwhelmed or financially burdened
• And even our highly engaged families with disabilities can really feel overwhelmed or financially burdened

Bills: HB113, HB342, HB632, HB690, HB1003, HB1078, HB1132, HB1146

Keywords: grading scale, education reform, students, public schools, academic policy, special education, due process, local education agency, burden of proof, IEP, education law, data sharing, student information, privacy, education, LA FIRST, foreign adversaries, terrorism, contracting, school funding

Transcript Highlights:

• The banks make decisions based on financial risk, not political preference.
• This protects the financial system. It promotes competition.
• The CFPB was created in the wake of the great financial crisis.
• I urge everyone to vote yes on this to protect our financial system.
• The Taylor Act It mandates that federal financial regulators consider individual financial institutions

Bills: SB875

Keywords: banking regulation, federal agencies, reputational risk, financial services, supervision, FIRM Act, bank supervision, depository institutions, federal banking agencies, FDIC, OCC, Federal Reserve, NCUA, CFPB, credit unions, Operation Choke Point, financial discrimination, safety and soundness, supervisory guidance, examination manual

Summary: This meeting focused on the markup of the Genius Act and the FIRM Act, two significant pieces of legislation addressing stablecoin regulation and the financial industry's regulatory framework. The Chairman noted the importance of providing clarity to the digital asset community and protecting American consumers, while also promoting innovation and competition within the financial sector. Members of both parties expressed varying viewpoints, with some highlighting concerns related to national security and the potential risks associated with stablecoins.

Transcript Highlights:

• The Chief Financial Officer is authorized to appoint review panel members to assist DFS in the grant
• We have Tim Meehan, National Association of Insurance and Financial Advisors, waving in support.
• include credit unions and financial institutions generally.
• include credit unions and financial institutions generally.
• We have Ash Mason, Office of Financial Regulation, waving in support.

Bills: S0198, S0570, S0772, S0808, S1038, S1040, S1286, S1440, S1504, S1668

Keywords: virtual currency, kiosks, money services business, regulation, financial services, consumer protection, cryptocurrency, registration, payment scams, task force, fraud prevention, property insurance, roofing requirements, inspector, insurance policies, homeowners insurance, roof age, residential structures, insurance renewal, investment

Summary: The Committee on Banking and Insurance met with a quorum present and took up a series of bills, beginning with SB 1286 by Senator Wright. That bill expands the law enforcement recruitment bonus program to include firefighters, creates a DFS grant review panel for fire-related grants, and establishes an institute for PTSD and first-responder behavioral health. Testimony from fire chiefs and others supported the measure, and the committee reported it favorably. The committee then considered several insurance and financial regulation bills. CS/SB 198 by Senator Rousan, as amended, regulates virtual currency kiosks with transaction limits, notice and receipt requirements, and OFR enforcement authority; witnesses described it as a needed anti-fraud measure, especially for seniors, and it was reported favorably. CS/SB 772 by Senator Burgess, as amended, allows limited licenses for portable electronics and eyewear insurance, and CS/SB 1504 by Senator Claudio, as amended, creates a pathway for high school students to qualify for insurance customer representative licensure; both were reported favorably. The committee also approved two cryptocurrency reserve bills by Senator Gruters: CS/SB 1038 creates the Florida Strategic Cryptocurrency Reserve framework, and CS/SB 1040 creates the related trust fund; both received technical amendments and favorable reports. CS/SB 1440 by Senator Martin, as amended, creates public records exemptions and cybersecurity reporting provisions for financial institutions and related entities, and it was reported favorably. Finally, SB 1668 by Senator Burton, which updates the NICA program’s funding and benefit structure, and CS/SB 570 by Senator Polsky, which creates a task force on payment scams, were both heard with supportive testimony and reported favorably. Senators later recorded additional affirmative votes on selected bills before the committee adjourned.

Transcript Highlights:

• Chair, and thank you, Vice Chair Nelson, for adding on some financial appropriation to this bill.
• </c> um adding on some um Financial um adding on some um Financial appropriation<00:02:41.920><c> um<
• It was trying to set a number that captures as much as possible without creating too much of a burden
• So the chair is talking about the potential burden. What we're doing is similar in my mind.
• So the chair is talking about the potential burden.

Bills: HF1169, HF1916

Keywords: child protection, child welfare, paperwork reduction, social services information system, SSIS, Department of Children, Youth, and Families, foster care, children in placement, county social services, Tribal governments, private child placing agencies, case management, administrative burden, information technology, human services, welfare administration, Minnesota tribes, child care assistance, CCAP, program integrity

Transcript Highlights:

• </c> line with other traditional financial line with other traditional financial institutions.<00:32:
• No other financial services businesses.
• As we know, financial institutions.
• I'd also like to add um financial scams.
• Moving on to HP 1640 relating to financial exploitation."

Bills: HB2227, HB1775, HB1560, HB1642, HB1647, HB2003, HB1640, HB2198

Keywords: eviction, housing stability, tenant screening, court records, writ of possession, foreclosures, public sale, eligible bidders, housing, downpayment, judicial foreclosure, digital financial assets, consumer protection, financial kiosks, refunds, transaction security, HB1642, Hawaii, cryptocurrency ATM, crypto ATM

Summary: The committee on Consumer Protection and Commerce met on February 5, 2026, and heard testimony on several bills, beginning with HB 227 relating to eviction records. Supporters, including the Public First Law Center and the Office of Hawaiian Affairs, argued the bill would help people who prevail in eviction cases avoid long-term housing harm from online court records, while the Public First Law Center said keeping records off eCourt Kokua would not violate the First Amendment because the records would still be available in person. Members discussed access-to-justice concerns, and a witness said legal aid attorneys could still access the records through the attorney-only Jeff’s system and the court’s access-to-justice room. The chair also asked about precedent, and a witness cited a Hawaii Supreme Court case as supporting removal from the online database rather than sealing records entirely. The committee then took up HP 1775 relating to foreclosures, but the transcript only shows in-person opposition comments from the Hawaii State Bar Association Collection Law Section, the Hawaii Credit Union League, and the Hawaii Bankers Association. The credit union and banking groups said they had concerns about broader negative impacts on mortgage lending and other requirements, but no detailed discussion or action was captured before the committee moved on. The next measure, HB 1560 relating to consumer protection, drew support from the Office of Consumer Protection and cryptocurrency companies including Coinflip and America Digital, which said they already use wallet-pinning and other safeguards to prevent fraud. AARP Hawaii did not take a formal position but said the bill addressed a real problem, noting that Hawaii residents, especially in Kona, had lost more than $920,000 in 2024 to cryptocurrency ATM scams and arguing that stronger oversight was needed. The committee also heard HB 1642, which would ban cryptocurrency kiosks. The Office of Consumer Protection supported the ban as the best way to protect consumers from fraud, while Coinflip, Bitcoin Depot, and America Digital opposed it, arguing kiosks provide cash-based access to crypto, especially for unbanked or underbanked consumers, and that targeted regulation would be better than an outright ban. AARP Hawaii took no formal position but strongly emphasized the harm caused by scams, saying victims are often frightened into acting quickly and that kiosk transactions currently lack enough friction or intervention. Finally, HB 1647, also on consumer protection, would impose liability on host businesses that provide space for crypto kiosks. The Office of Consumer Protection warned small businesses might not understand the liability, while Coinflip, Bitcoin Depot, and America Digital opposed the bill, saying it would unfairly shift enforcement duties to host stores and could discourage businesses from hosting kiosks, effectively creating a de facto ban. No votes or final committee actions were taken in the portion of the meeting provided.

Transcript Highlights:

• Those closest to newly created money, financial institutions, Wall Street, are the ones that benefit.
• The newly created money, financial institutions, Wall Street, are the ones that benefit.
• to 10% of state monies as bullion in the depository, and requires the Department of Insurance and Financial
• That means physical gold held in secure custody is one of the few financial assets with no counterparty
• Again, the Bank for International Settlements, which oversees global financial regulations, upgraded

Bills: HB2123, HB2140

Keywords: bullion, depository, legal tender, Arizona, finances, precious metals, financial transactions, investment, state treasurer, gold bullion, treasury management, financial regulations, 1182, all

Transcript Highlights:

• I'm the Financial Capability Manager for the City of St.
• Together, our efforts would eliminate a buried health care burden.
• But despite being three years into survivorship, the financial burden remains and continues to grow.
• too, making us feel like we're the burden.
• We work with a financial company to ensure that all...

Bills: HF1646, HF2443

Keywords: medical debt, debt relief, healthcare financing, consumer protection, financial hardship, commerce, cannabis, insurance, housing, ombudsperson, affordability, property, task force, financial institutions

Transcript Highlights:

• </c> I'm Casey Wedrich, the financial I'm Casey Wedrich, the financial capability<00:03:18.879><c> manager
• ><c> Empowerment</c> Paul's Office of Financial Empowerment Paul's Office of Financial Empowerment and
• But despite being three years into survivorship, the financial burden remains and continues to grow.
• But despite being three years into survivorship, the financial burden remains and continues to grow.
• We do we work with a financial company We do we work with a financial company to<00:20:16.720><c> ensure

Bills: HF1646, HF2443

Keywords: medical debt, debt relief, healthcare financing, consumer protection, financial hardship, commerce, cannabis, insurance, housing, ombudsperson, affordability, property, task force, financial institutions, 1183, house

Transcript Highlights:

• The Passport to Careers formula for determining financial need is aligned with the federal formula by
• into the state financial aid account, which is used to ensure that all appropriations designated for
• financial aid through statewide student financial aid programs are made available to eligible students
• We're among the 40 states in the nation that provide financial assistance for former foster youth, but
• This will help these students feel more secure in their financial ability to afford college.

Bills: SB5963

Keywords: SB 5963, passport to careers, Washington College Grant, financial aid, higher education, student aid, need-based aid, college affordability, postsecondary education, workforce development, apprenticeship, foster youth, homeless students, unaccompanied youth, low-income students, public assistance, state financial aid account, scholarships, Washington student grants, grant eligibility

Bills: SF0021, SF0022, SF0054, SF0055

Keywords: stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services

Transcript Highlights:

• That's the Code of Financial Regulations, part 270.2A7, also known as a 2A7 fund.
• The Code of Financial Regulations, part 270.2A7, also known as a 2A7 fund.
• </c> actually step in prepare the financials actually step in prepare the financials uh<00:21:09.600>
• I think at the financial industry code.
• related dis financial technology related dis disputes.<01:05:26.000><c> Right?

Bills: SF0021, SF0022, SF0054, SF0055

Keywords: stable token, liquidity, trust account, Wyoming, fund distribution, financial regulation, state commission, decentralized, nonprofit association, merger, conversion, liability, membership, governance, indemnification, banking regulation, special purpose depository institution, conversion process, Wyoming state laws, financial services

Transcript Highlights:

• Certainly, what we're talking about today is a financial transaction.
• Senate Bill 540 on Office of Financial Regulation by Senator Martin.
• Senate Bill 540 on Office of Financial Regulation by Senator Martin.
• Ash Mason, Office of Financial Regulation, waiving in support. Thank you.
• On information, Ash Mason, Office of Financial Regulation, waiving in support. Thank you.

Bills: S0266, S0394, S0540, S0632, S0642, S0832, S0834, S1028

Keywords: public adjuster, contract cancellation, state of emergency, vulnerable adults, disciplinary actions, financial regulation, information security, financial exploitation, licensing, transportation, insurance, TNC, ride-sharing, automobile liability, bail bond, insurance regulation, foreign insurers, financial disclosure, premium reporting, residential property insurance

Summary: The Committee on Banking and Insurance met with a quorum and took up several bills, beginning with SB 834 on insurance requirements for nonprofit religious organizations and health care sharing ministries. The bill repeals a recent restriction on licensed insurance agents marketing or selling faith-based health care sharing programs. Supporters argued the change restores free speech and consumer education while preserving existing fraud and disclosure protections; opponents said allowing agents and brokers could create consumer confusion and has been associated with bad actors. A title amendment was adopted, and after debate the committee reported the bill favorably. The committee also heard and passed SB 642, which extends reporting and duty requirements to foreign and alien bail bond insurers, and SB 394, a technical bill updating reinsurance intermediary manager law to match current DFS practice. SB 266, which lets vulnerable adults rescind public adjuster contracts without penalty, was reported favorably after testimony from supporters in the insurance and elder law communities and a public adjuster who said the intent was good but the bill may need refinement. SB 832, a residential property insurance transparency bill requiring rate breakdown reports and a consumer resource center, also passed after discussion about consumer clarity and whether the required cost categories can be compiled as written. Later, the committee approved SB 540, which creates cybersecurity requirements for mortgage and money service businesses, closes a regulatory gap for certain investment advisers, adjusts OFR examination-payment deadlines, changes de novo charter requirements, allows virtual credit union meetings, and makes other financial regulation updates. Several amendments were adopted, including a substitute amendment removing fintech sandbox provisions. Finally, SB 1028 on Citizens Property Insurance Corporation was reported favorably after debate over a commercial lines clearinghouse intended to reduce Citizens’ exposure and shift more business to the private market; members discussed taxpayer risk, market competition, and consumer protections. The meeting ended with adjournment.