Transcript Highlights:

• version reads: "After receipt of this notice, if you in bad faith take action to frustrate the execution levy
• states: "If you get this notice and then do something in bad faith to... "...try to block or stop the levy

Bills: HF2543, HF2566, HF2627

Keywords: garnishment, wage garnishment, earnings levy, bank levy, execution, judgment debtor, judgment creditor, exemption notice, exempt property, bank account freeze, financial institution levy, employer disclosure, garnishee, writ of execution, debt collection, consumer debt, collections, bankruptcy exemptions, public benefits, means-tested benefits

Transcript Highlights:

• version reads: After receipt of this notice, you in bad faith take action to frustrate the execution levy
• version says: If you get this notice, then do something in bad faith to try and block or stop the levy
• 50.480><c> execution</c> take action to frustrate the execution take action to frustrate the execution Levy
• <c> thus</c><00:02:51.840><c> requiring</c><00:02:52.360><c> the</c><00:02:52.519><c> Judgment</c> Levy
• thus requiring the Judgment Levy thus requiring the Judgment creditor<00:02:53.440><c> to</c><00:02:

Bills: HF2543, HF2566, HF2627

Keywords: garnishment, wage garnishment, earnings levy, bank levy, execution, judgment debtor, judgment creditor, exemption notice, exempt property, bank account freeze, financial institution levy, employer disclosure, garnishee, writ of execution, debt collection, consumer debt, collections, bankruptcy exemptions, public benefits, means-tested benefits

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.

Transcript Highlights:

• </c> are property tax levy impacts. are property tax levy impacts.
• Well, lease levy costs are built into the levy forecasts.
• Well, lease levy costs are built into the levy forecasts.
• Lease levy costs are built into the levy forecasts.
• Any institute, any higher ed institution, frankly any public institution that's going to ask for bonding

Bills: HF3790, HF3654, HF3371, HF3470, HF1099

Keywords: education finance, lease levy authority, graduation ceremonies, school districts, Minnesota Statutes, local revenue, funding increase, education, state appropriation, local control, HF3371, local optional revenue, school finance, general education aid, school district funding, referendum revenue, referendum market value, equalization aid, state aid, property tax levy

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:

• , to transition or convert from one type of financial institution to another.
• , to transition or convert from one type of financial institution to another.
• State of Wyoming, to allow it to transition or convert from one type of financial institution to another
• </c><00:59:25.680><c> institution</c><00:59:26.319><c> that</c><00:59:26.559><c> that</c> new financial
• institution that that new financial institution that that could<00:59:27.359><c> meet</c><00:59:27.680

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

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:

• They'll reduce the total levy.
• assessed value to get to the levy.
• levied because they're going to offset that amount by the right.
• , whether it's on the primary levy or the secondary levy.
• There's 89, almost 90 districts that have a capacity to spend, right, but don't have the levy.

Bills: HB2143, HB2273, HB2290, HB2373, HB2784, HB2794, HB4037

Keywords: public safety, retirement system, investments, trust fund, board of trustees, financial report, income tax rebate, Pinal County, taxpayer eligibility, state revenue, financial assistance, transaction privilege tax, business location, tangible personal property, shared vehicle, sourcing, income tax, veterans, donations, tax refunds

Transcript Highlights:

• a levy.
• </c><00:49:09.760><c> They're</c> to levy or remove a levy. They're to levy or remove a levy.
• </c> authorize up to two mill levies. authorize up to two mill levies.
• </c><01:21:32.800><c> Our</c> mill levy. So that's $1.5 million. Our mill levy.
• well, what happens if the mill levy goes well, what happens if the mill levy goes away?

Bills: HB0147, HB0127

Keywords: property tax, homeowner exemption, Wyoming, voter initiative, tax legislation, HB0127, recreation mill levy, recreational facilities, public recreation, mill levy, local tax, county commissioners, school district levy, voter approval, ballot measure, general election, tax referendum, special purpose tax, Wyoming taxation, W.S. 18-9-201

Transcript Highlights:

• </c> So there's a there there is a financial So there's a there there is a financial impact.<01:37:51.040
• </c> others, which is why other mil levy others, which is why other mil levy provisions<02:19:02.319>
• allows them to charge a 1 mil levy and institute it.
• </c> set their mill levy. set their mill levy.
• </c> mill levy. mill levy. this<02:32:43.840><c> local</c><02:32:44.160><c> school</c><02:32:44.479><

Bills: HB0068, HB0062, HB0127, HB0109

Keywords: veterans, property tax exemption, disabled, service-connected disability, Wyoming, governmental claims, liability limits, inflation adjustment, public safety, local government insurance, HB0127, recreation mill levy, recreational facilities, public recreation, mill levy, property tax, local tax, county commissioners, school district levy, voter approval

Transcript Highlights:

• nor an enrichment levy in a given calendar year if that district had a qualifying levy in either of
• two, which are enrichment levies.
• And then when we set the levy rates, we have that amount added in, so it lowers the levy rate that the
• Well, we actually had a capital project levy last year that expired.
• Well, we actually had a capital project levy last year that expired, expired last year.

Bills: SB5994

Keywords: timber tax, school funding, levy failure, tax distribution, education funding, 904, all

Summary: House Finance held public hearings on two Senate bills. SB 5252 would remove the one-acre limit on a property tax exemption for nonprofit public halls, assembly halls, and meeting places starting with 2027 property taxes. Staff said the change would have a minimal fiscal impact, with a one-time Department of Revenue cost of about $53,000, and the prime sponsor, Sen. Shoemaker, said the bill is intended to help local granges that serve as community gathering spaces, especially in rural areas. A Rome Grange member testified in support, explaining that older grange properties often need more than one acre for parking, septic, and community uses. The committee then heard SB 5994, which would change how timber tax revenues are distributed to school districts. Staff explained that the bill would extend distributions to districts that had a qualifying capital projects or enrichment levy in either of the prior two years, even if they do not have one in the current year, and that it would take effect immediately under an emergency clause. A Jefferson County assessor testified that he supported the policy but said the immediate effective date would disrupt county levy calculations and suggested a January 1, 2027 effective date instead. No votes were taken; both hearings were closed and the committee adjourned.

Transcript Highlights:

• </c> payments to postsecondary institutions payments to postsecondary institutions and<00:54:25.000><
• </c> classes through a local uh institution classes through a local uh institution that<01:04:40.039>
• </c><01:19:23.960><c> uh</c> directly to secondary institutions uh directly to secondary institutions
• </c> and you know it's a public institution and you know it's a public institution so<01:31:11.360><c
• </c> giving the dollar to the institutions giving the dollar to the institutions that<01:31:17.159><c

Bills: HF984, HF921, HF922

Keywords: education funding, nonpublic schools, counseling services, guidance services, transportation for students, HF921, tax increment financing, TIF, excess tax increment, school district aid, levy adjustment, property tax levy, education finance, Minnesota education aid, decertification, local government finance, school funding formula, state aid reduction, referendum equalization aid, debt service equalization

Transcript Highlights:

• Bill 5994 extends timber tax revenue distributions to school districts that did not have a qualifying levy
• If the district had a levy in effect in either of the two previous calendar years, there are no amendments
• If a school district doesn't pass their levy, it's hard enough.
• If a school district fails its levy, they have nothing to spread that across.
• If a school district doesn't pass their levy, it's hard enough.

Bills: SB5994, SB6244

Keywords: timber tax, school funding, levy failure, tax distribution, education funding, tax exemption, agriculture, hazardous substances, crop protection, warehousing, 904, all

Transcript Highlights:

• How do we change their financial aid in January? Logistically, how does that work?
• So when are we changing their financial aid? Are we changing it every semester?
• So in a very real way, the taxpayers are also supporting those institutions.
• NRRI, the Natural Resource Research Institute, is based in Duluth and in Coleraine.
• Institutions are happy to be transparent about their outcomes, and as the U.S.

Bills: HF2634, HF2241, HF2649, HF2520, HF2610

Keywords: North Star Promise, scholarship, higher education, Minnesota Office of Higher Education, in-demand jobs, workforce development, career training, job market, high-demand occupations, high-demand industries, college aid, state financial aid, FAFSA, student eligibility, program of study, degree program, certificate program, community college, university, labor market data

Transcript Highlights:

• Uh simply saying and financial aid.
• </c><00:18:20.000><c> and</c> come to Minnesota State institutions and come to Minnesota State institutions
• And so it does leave from institutions.
• 00:50:10.559><c> with</c><00:50:10.880><c> taking</c> financially assist students with taking financially
• </c><00:51:33.839><c> state</c><00:51:34.000><c> of</c> other institution in the state of other institution

Bills: HF2634, HF2241, HF2649, HF2520, HF2610

Keywords: North Star Promise, scholarship, higher education, Minnesota Office of Higher Education, in-demand jobs, workforce development, career training, job market, high-demand occupations, high-demand industries, college aid, state financial aid, FAFSA, student eligibility, program of study, degree program, certificate program, community college, university, labor market data

Transcript Highlights:

• The definition of institutional racism says that all institutions will disadvantage kids of color, so
• And then with this one, with institutional racism, how will we move up? Why try?
• The definition of institutional racism says that all institutions will disadvantage kids of color, so
• </c><00:19:19.400><c> is</c> you that every single institution is you that every single institution is
• </c> and if we're having a financial and if we're having a financial conversation<01:24:23.800><c> about

Bills: HF29, HF921, HF922, HF1048, HF1049

Keywords: railroad, infrastructure, transportation funding, environmental remediation, capital investment, HF921, tax increment financing, TIF, excess tax increment, school district aid, levy adjustment, property tax levy, education finance, Minnesota education aid, decertification, local government finance, school funding formula, state aid reduction, referendum equalization aid, debt service equalization

Transcript Highlights:

• Newell, that it allows the financial institution.
• Well, you know, I can't really speak for every financial institution. Yes.
• And some of those things trigger fraud alerts often with financial institutions.
• And so I can't speak to what every bank or credit union or financial institution does, but I know ours
• “That's going to be the way they're protected now through these financial institutions.

Bills: HB489, HB545, HB555, HB583, HB670, HB672, HB797, HB814, HB913, HB952

Keywords: transfer on death, TOD, beneficiary designation, investment accounts, brokerage accounts, securities, nonprobate transfer, estate planning, succession, probate, community property, forced heirship, financial advisor, broker-dealer, custodian, transfer agent, banking, wealth transfer, inheritance, Louisiana Revised Statutes

Transcript Highlights:

• tuition so that access to all institutions is possible for students with limited financial resources
• tuition so that access to all institutions is possible for students with limited financial resources
• tuition so that access to all institutions is possible for students with limited financial resources
• tuition so that access to all institutions is possible for students with limited financial resources
• . institutions. institutions.

Bills: HF4252

Keywords: higher education, student aid, financial aid, grant programs, scholarships, Office of Higher Education, Minnesota State, University of Minnesota, community college, technical college, postsecondary institution, college affordability, student fees, athletic facilities, competitive athletics, developmental education, remedial courses, pregnant students, parenting students, priority registration

Transcript Highlights:

• Essentially, it establishes a framework for financial institutions to Intervene when they suspect a protected
• adult is being targeted for financial exploitation or fraud.
• It also provides some immunities to the employees of those institutions and the institutions for acting
• I hope that there will be some training or guidance for financial institutions so that this is consistently
• applied through all banking institutions.

Bills: HB3041, HB4428, HB4429, HB1064, HB3265, HB3721, HB3028, HB3313, HB3588, HB3020

Keywords: credit card transactions, payment methods, service charge, consumer rights, financial regulation, public finance, pension, pension fund, retirement system, board of trustees, proxy voting, proxy proposal, shareholder vote, shareholder activism, fiduciary duty, pecuniary factors, nonpecuniary factors, ESG, environmental social governance, social goals

Transcript Highlights:

• it reads: if, after receipt of this notice, you in bad faith take action to frustrate the execution levy
• someone will see if you get this notice, then do something in bad faith to try or block or stop the levy
• c><01:07:00.359><c> thus</c><01:07:00.599><c> requiring</c><01:07:01.079><c> the</c> the execution Levy
• thus requiring the the execution Levy thus requiring the Judgment<01:07:01.640><c> creditor</c><01:07
• </c> faith to try or block or stop the levy faith to try or block or stop the levy and<01:07:22.000><

Bills: HF1855, HF102, HF1082, HF1354, HF2184, HF1792, HF2296, HF2429, HF2543, HF2566

Keywords: veterans, benefit services, accreditation, consumer protection, civil penalties, disclosure requirements, HF102, Sibley County Road 166, Freedom Drive, Arlington, Sibley County, Minnesota transportation bonds, bonding bill, capital investment, road extension, highway access, intersection improvements, right-of-way acquisition, water main, sewer improvements