Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=esiTf_n-Q0w, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, 00:11 Call to Order and Roll Call 00:40 Approval of Minutes 01:06 Information Items 02:09 Public-Private Partnership Report from University of KY 13:01 Project Report from Finance and Administration Cabinet 21:40 Lease Report from Finance and Administration Cabinet 25:35 Report from Office of Financial Mgmt – KIA 30:55 Report from Office of Financial Mgmt – EDC 35:45 Report from Office of Financial Mgmt – OFM 37:50 Report from OFM – SFCC Debt Issues 39:08 Remaining Calendar Year 2024 Meeting Dates 39:24 Adjournment, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• You know, trying to make sure we don't get a biased report.
• And I'm not saying the governor will make a biased report.
• We want this report fully available to the public.
• Trey Wood, chief financial officer for HHSC.
• Reported as part of Operation Lone Star. Okay.

Bills: SB825

Keywords: illegal immigration, economic impact, environmental impact, financial impact, annual study, Texas, government report

Summary: The Senate Committee on Border Security heard testimony on Senate Bill 825 by Senator Middleton, as substituted, which would require an annual or biennial study of the economic, environmental, and financial impacts of illegal immigration in Texas. Middleton said the bill is intended to provide lawmakers with comprehensive data on costs to law enforcement, health care, education, infrastructure, and taxpayers, and to support possible federal reimbursement claims. Several senators, including Hinojosa and Eckhardt, agreed that a study is needed but raised concerns about bias, the scope of the study, and whether the Comptroller’s Office rather than the governor’s office should conduct it. Middleton argued the governor’s office was the best coordinating entity because it could direct multiple agencies to provide data, while Hinojosa and others emphasized the Comptroller’s expertise and prior 2006 study. Public testimony was generally supportive of the idea of a study but critical of the bill’s framing. Sarah Cruz of the ACLU of Texas said the study should be a full cost-benefit analysis and warned that focusing only on costs could create an anti-immigrant narrative. Danny Woodward of the Texas Civil Rights Project also supported the concept but recommended moving the study to the Comptroller or, alternatively, creating a neutral commission. Jaime Pointe of Every Texan likewise supported updating the 2006 analysis and said state agencies should be able to cooperate with a governor-led study. Resource witnesses from the governor’s office, HHSC, TEA, OCA, TDCJ, and DPS explained that data collection would be uneven across agencies. HHSC and TEA said they often do not collect immigration status and, in TEA’s case, federal law limits schools from requesting such information; OCA and TDCJ said they could provide only partial or indirect data unless new reporting requirements were added. DPS said it already has Operation Lone Star data but would need to collect additional information if tasked with the broader study. The chair asked the governor’s office to provide a follow-up answer on separation-of-powers and related authority questions by the following Tuesday, and the committee recessed subject to the call of the chair without taking a vote on the bill.

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=IsREwaYBtfA, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, 00:09 Meeting Start 00:15 Roll Call 00:36 Approval of Minutes 01:05 Information Items 03:30 Project Report from Postsecondary Institutions 05:26 Project Report from Finance and Administration Cabinet 15:20 Lease Report from Finance and Administration Cabinet 25:00 Report from Office of Financial Management 31:50 Economic Development Fund Grants 39:50 Office of Financial Management 45:22 Next Meeting/Adjournment, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• You know, try and find, make sure we don't get a bias report.
• Yeah, so that was a comptroller's report.
• analysis for report that was published nearly 20 years ago.
• . report that to OCA.
• That's not necessarily reported as part of Operation Lone Star.

Bills: SB825

Keywords: illegal immigration, economic impact, environmental impact, financial impact, annual study, Texas, government report, 1185, senate, all

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=ycqhRufp9Dk, 2026-06-21T07:17:06+00:00, 2.2.24, Data collected via generic collector engine, 00:08 Call to Order and Roll Call 00:36 Approval of Minutes 00:58 Information Items 02:55 Lease Report from Postsecondary Institutions 07:03 Project Report from Finance and Administration Cabinet 16:25 Report from Office of Financial Management 26:04 Adjournment, 958, all, 2.2.42, 2.1.47

Bills: HR17, HB385, HB406, HB787, HB1021, HB1058, HB1059

Keywords: education, investment, workforce development, TOPS, higher education, repayment, scholarships, academic eligibility, financial aid, athletics, high school sports, state report, student wellness, computer science, scholarship, curriculum requirements, workforce training, education funding, data administration, financial assistance

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=a7dEK4k86_E, 2026-06-21T07:17:07+00:00, 2.2.24, Data collected via generic collector engine, 00:00 Call to Order and Roll Call 00:42 Correspondence and Information Items 02:50 Approval of Minutes 03:15 Project Report from Finance and Administration Cabinet 09:42 Lease Report from Finance and Administration Cabinet 11:55 Report from Office of Financial Management 30:36 Adjournment, 958, all, 2.2.42, 2.1.47

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=dAYVTkQQYVE, 2026-06-21T07:17:04+00:00, 2.2.24, Data collected via generic collector engine, Reuploaded to restore several minutes lost during the live stream 00:00:00 Start Time 00:01:30 Approval of Minutes 00:01:41 Information Items 00:02:30 Action Items – Project Report from Postsecondary Institutions 00:13:37 Action Item – Lease Report from Postsecondary Institutions 00:17:38 Project Report from Finance and Administration Cabinet 00:32:10 Lease Report from Finance and Admin. Cabinet – Emergency Leases 00:34:48 Report from the Office of Financial Management 01:10:40 Remaining Calendar Year 2023 Meeting Dates 01:11:08 Adjournment, 958, all, 2.2.42, 2.1.47

Keywords: KY LRC YouTube, https://www.youtube.com/watch?v=hhaJgIKAySk, 2026-06-21T07:17:05+00:00, 2.2.24, Data collected via generic collector engine, 00:38 Call to Order and Roll Call 01:08 Approval of Minutes 02:00 Information Items 02:52 Project Report from Finance and Administration Cabinet 12:22 Report from Office of Financial Management 31:10 Remaining Calendar Year Meeting Dates 31:47 Adjournment, 958, all, 2.2.42, 2.1.47

Transcript Highlights:

• Businesses that had locations in this state immediately started reporting based on destination, based
• The businesses are currently reporting it the way that I am suggesting to you that it is reported...
• Everybody else—Target, Home Depot, Walmart, Amazon—was all reporting under 5040.
• There's extensive reporting and analysis.
• Chairman, I would love to see you give us a report saying these are the districts that have zero dead

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

Summary: The House Ways and Means Committee first set aside House Bill 2794 at the sponsor’s request and then took up House Bill 2290, which would clarify Arizona transaction privilege tax sourcing rules for tangible personal property by specifying that an order is received at a seller’s business location and that server location does not control sourcing. The sponsor said the bill codifies existing, historic treatment and would provide certainty for taxpayers, while the League of Arizona Cities and Towns opposed it, arguing it would be a major departure from current practice, could shift revenue away from rural communities, and could create multiple tax rates for a single transaction. The Department of Revenue said it was neutral, acknowledged ongoing ambiguity and administrative complexity, and explained that a 2023 draft ruling had been based on a legal analysis but was never finalized. Several business and association witnesses supported the bill as necessary to prevent inconsistent audits and to preserve origin-based sourcing for in-state sellers. After extended debate, the committee passed HB 2290 on a 5-3 vote, with one member absent. The committee then heard House Bill 2373, which would add a space on the individual income tax return for taxpayers to voluntarily direct part of a refund to the Veterans Donations Fund or a veterans service organization fund. The sponsor and a representative of veterans advocacy groups described it as a simple, voluntary way to support veterans organizations and local projects. No opposition was raised, and the bill was approved unanimously by the members present, 8-0, with one absent. Finally, the committee considered House Bill 2143, a technical change to Public Safety Personnel Retirement System law that would limit the 5% ownership cap to publicly traded corporations. PSPRS representatives said the change would reduce compliance costs and avoid unnecessary workarounds while maintaining existing investment safeguards and diversification rules. Members discussed that ASRS does not have the same cap and that PSPRS already has broader limits on concentration risk. The bill was presented as an administrative cleanup measure, and discussion focused on clarifying that it would not increase investment risk.

Transcript Highlights:

• And by your vote, please show CS for SB 800 reported favorably.
• And by your vote, please show CS for SB 800 reported favorably.
• And, members, by your vote, please show CS for SB 1078 reported favorably.
• And by your vote, please show Senate Bill 1588 reported favorably.
• It also adds cybersecurity reporting for financial institutions, and this bill conforms public records

Bills: S0314, S0530, S0576, S0800, S0990, S1078, S1440, S1568, S1588, S1614

Keywords: payment stablecoin, financial regulation, anti-money laundering, state oversight, digital currency, financial services, Florida lottery, state lottery, lottery tickets, lottery retailer, Department of the Lottery, Division of Security, ball machine, lottery vending machine, instant tickets, online lottery tickets, major procurement, vendor disclosure, performance bond, retailer bond

Summary: The committee heard and advanced several bills related to engineering regulation, cybersecurity, financial services, and state administration. CS/SB 800 would increase penalties for repeated unlicensed engineering practice and create an engineering student loan assistance program funded by licensure fees and fines; it was reported favorably after questions about whether it would reimburse victims of unlicensed practitioners, with the sponsor noting it would not and that affected individuals would need to pursue complaints and private legal action. CS/SB 576 created a local government cybersecurity protection program administered by Florida Digital Service, with state purchasing of cybersecurity services and priority for fiscally constrained counties; it received support from local government and industry groups and was reported favorably. CS/SB 1078 set transition requirements for gubernatorial administrations, including liaisons, briefing books, office space, IT access, and controlled access to agency records under a memorandum of understanding, and it also passed favorably. The committee also approved CS/SB 314, which creates a regulatory framework for payment stablecoin issuers in Florida, and CS/SB 530, which updates lottery operations, security, retailer rules, and bonding requirements. CS/SB 1614, after adoption of a technical substitute amendment, would limit local governments’ eligibility for certain state funding if they have excess funds, have recently been audited by the legislative audit committee, or fail to affirm expenditure of prior funds; the sponsor said it would give the Joint Legislative Auditing Committee more enforcement leverage, and the bill was reported favorably. CS/SB 990 authorizes protective cell captive insurance companies to expand insurance market capacity and potentially lower premiums, while CS/SB 1588 is a step toward implementing last session’s gold and silver legal tender law; both were reported favorably. Additional bills passed included CS/SB 1440, which adds cybersecurity-related exemptions and reporting provisions for financial institutions, loan originators, and money service businesses, and CS/SB 1568, which creates a Florida Stable Coin Pilot Program allowing DFS fees to be paid with approved stablecoins. The stablecoin bill was amended to add guardrails, including fee limits, website notice requirements, and restrictions if no approved issuers are available. The committee also received a brief budget overview highlighting major funding items such as Florida Forever, Everglades restoration, water quality, Farmers Feeding Florida, citrus recovery, school lunches, state parks, and law enforcement and staffing items, and members later recorded additional votes before the committee adjourned.

Transcript Highlights:

• Assessors would be unable to reclassify the property unless the owner voluntarily reports the changes
• So asking for a copy of that report is where we're coming from with that request.
• In Arizona, access to financial services should be based on financial facts, not ideological scoring.
• In Arizona, access to financial services should be based on financial facts, not ideological scoring.
• In Arizona, access to financial services should be based on financial facts, not ideological scoring.

Bills: HB2016, HB2104, HB2105, HB2174, HB2256, HB2289, HB2477, HB2903, HB2939, HB2979, HB2996, HB4103

Keywords: tax penalties, filing, tax returns, administration, Arizona Revised Statutes, agricultural property, classification, county assessor, property inspection, appeal process, property tax, agricultural classification, Department of Revenue, property valuation, inspection notice, inspection report, on-site inspection, full cash value, rural land, farm land

Summary: The committee first approved the March 9, 2026 minutes and held House Bills 29 and 2939 at the sponsor’s request. It then took up House Bill 2016, which would eliminate the late-filing penalty for taxpayers with zero income tax liability; after discussion about whether taxpayers still need to file to establish that they owe nothing, the committee adopted an amendment narrowing the bill to income tax filers and passed the bill 4-3. The Department of Revenue said it was neutral on the bill but supported the amendment. The committee next heard House Bill 2289, which updates the property-value examples used in bond/override election pamphlets and truth-in-taxation notices from older low values to $300,000. Supporters said the figures are outdated and should better reflect current home values; opponents questioned whether $300,000 was the best benchmark and whether adding another example would confuse voters. The bill passed 4-3. The committee also approved House Bill 4103, which bars school districts from calling bond elections if enrollment is below 50% of capacity. Supporters argued districts should use or monetize excess space before asking taxpayers for more debt, while school administrators and others said the measure would block needed maintenance, safety upgrades, and local decision-making. It passed 4-3. Two related agricultural property bills, House Bills 2104 and 2105, were both amended and passed 4-3. HB 2104 creates a four-year period after a successful agricultural property tax appeal during which assessors generally may not reclassify or reinspect the property absent changes in use, ownership, splits, or improvements. HB 2105 requires advance notice of inspections and inspection reports and provides a three-year inspection exemption after the most recent inspection, with similar exceptions. Farm and ranch groups said the bills provide fairness and certainty after successful appeals; county assessors opposed them as limiting oversight and creating unequal treatment. The committee also passed House Bill 2256 unanimously, which sets notice and title procedures for salvage auction dealers when insurance claims are denied or unpaid, and House Bill 2979 unanimously, which updates credit union regulatory timelines and procedures. Later, the committee passed House Bill 2996 unanimously, clarifying that certificates of insurance are informational only and cannot expand coverage or rights, with penalties for misrepresentations. It also heard House Bill 2174, which renames and updates regulation of insurance modeling and data organizations, requires model filings, and revises related reinsurance provisions; the discussion focused on how DIFI would regulate models versus the companies that create them, but no vote was taken in the portion provided. Finally, House Bill 2477 was introduced to conform Arizona’s 529 plan to federal law by increasing the K-12 withdrawal limit to $20,000, adding post-secondary credentialing expenses, and allowing rollovers to ABLE accounts and Roth IRAs if requirements are met; the sponsor and Treasurer’s Office supported it as a cleanup/conformity measure, and discussion began on how the new rollover options would work.

Transcript Highlights:

• A minority report has been presented for one side or the other at our last three consecutive state...

Bills: SB 312, SB 945, SB 946, SB 1367, SB 1861, SB 2044, SB 2337, SB 2403, SB 2819, SJR 54

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Transcript Highlights:

• issue one or more subpoenas to compel BlackRock Incorporated, State Street Corporation, or any other financial

Bills: SB312, SB945, SB946, SB1367, SB1861, SB2044, SB2337, SB2403, SB2819, SJR54

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Summary: The Senate Committee on State Affairs was called to order and a roll call showed most members present, with one absent. The chair explained that the committee had arranged witnesses for a later meeting but had received responses from some parties declining to testify, prompting Senator Bettencourt to offer a written motion for subpoenas. The motion authorized the committee chair, under Senate Rule 11.20, to issue subpoenas to BlackRock, State Street, or other financial services companies affecting Texas public pension investments, along with their subsidiaries, affiliates, officers, employees, agents, or representatives. The subpoenas would require testimony and production of records concerning investment practices, the impact on Texas public pension funds, and any investments intended to further political or social causes. Members discussed the importance of obtaining testimony and the limited but necessary use of subpoena power. The committee then voted, with 10 ayes, no nays, and one absent, to adopt the motion. With no further business, the committee recessed until the call of the chair, planning to return after the local calendar.

Transcript Highlights:

• We must not allow financial. This wasn't about risk, it was about politics.
• We must not allow financial. This episode illustrates why SB 946 is needed.
• The details on their report are available on my Substack.
• Their advice is not tied to financial performance.
• And, of course, those financial firms take your money and they buy shares.

Bills: SB312, SB945, SB946, SB1367, SB1861, SB2044, SB2337, SB2403, SB2819, SJR54

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Summary: The committee heard Senate Bill 945, 946, 2044, 2819, 2403, 2337, and 312, with all bills left pending after testimony. SB 945 would restrict insurance companies from denying or limiting coverage based on oil and gas activity or ESG-related goals, and supporters argued it would protect Texas energy producers from politically motivated shareholder activism and insurance discrimination. SB 946 would bar creditors from using social credit, ESG, DEI, or religious/political affiliation as a basis for denying or limiting credit; witnesses said it would prevent viewpoint-based financial discrimination and protect access to capital for Texas businesses. SB 2337 would require proxy advisory firms to disclose when recommendations are based on non-financial factors or when they give conflicting advice to different clients; supporters said the measure would increase transparency and curb ESG-driven influence over shareholder voting. SB 312 would direct public retirement systems to focus on financial returns rather than social or political objectives, with the author saying the bill responds to activist pressure on pensions and would reinforce fiduciary duty. The committee also took up election and ethics measures. SB 2044 would strengthen electioneering restrictions for publicly funded education institutions and personnel, prohibiting use of official resources to promote political agendas; testimony focused on alleged school district electioneering in bond and tax elections. SB 2819 would prohibit county elections administrators from holding certain officer positions appointed by elected officials, addressing potential conflicts of interest. SB 2403, the Texas Ethics Commission sunset bill, would restructure complaint handling with a three-tier violation system, risk-based complaint prioritization, longer response times, bipartisan preliminary review panels, and expanded hearing options; members discussed amendments aimed at dismissing minor complaints, clarifying categories, and adjusting lobbying and penalty provisions, but the amendments were withdrawn during committee consideration. Across the ESG and finance bills, invited witnesses from the American Energy Institute, Heartland Impact, Consumers Research, ADF Action, Texas Civil Justice League, and related groups generally supported the measures, arguing that banks, insurers, proxy advisors, and asset managers have used ESG or reputational-risk standards to discriminate against energy, agriculture, firearms, and religious organizations. No opposition testimony was presented in the excerpt, and the committee closed public testimony on each bill and left them pending.

Transcript Highlights:

• So, progress report on this Brady bill.
• That is a major financial impact to local government.
• available resources, financial available resources, financial consequences<00:47:39.520> will
• Over the past 30 years, we've worked hard to Financial Crimes Task Force and we've Financial Crimes Task
• <01:45:53.600> crimes and that came from the financial crimes and that came from the financial

Bills: HF962, HF3541, HF2936, HF3762, HF2879

Keywords: Capitol security, public safety, emergency management, state buildings, law enforcement, corrections, legislative approval, rule-making, financial impact, jail regulations, expungement, firearm eligibility, criminal records, organized retail crime, retail theft, supply chain theft, theft enterprise, organized theft, cargo theft, shoplifting

Transcript Highlights:

• A minority report has been presented for one side or the other at our last three consecutive state.

Bills: SB312, SB945, SB946, SB1367, SB1861, SB2044, SB2337, SB2403, SB2819, SJR54

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Transcript Highlights:

• The details on their report are available on my sub-stack, it's titled Utilities.
• Their advice is not tied to financial performance.
• Some reporting requirements are modified.
• They are still reporting. It is up to them to craft their response.
• Thank you. ...challenges with Scope 3 reporting.

Bills: SB312, SB945, SB946, SB1367, SB1861, SB2044, SB2337, SB2403, SB2819, SJR54

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Transcript Highlights:

• issue one or more subpoenas to compel BlackRock Incorporated, State Street Corporation, or any other financial

Bills: SB312, SB945, SB946, SB1367, SB1861, SB2044, SB2337, SB2403, SB2819, SJR54

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards

Transcript Highlights:

• Furthermore, credit reports affect not only housing but other financial purchases, like vehicles or securing
• To move somewhere else, that's on their credit report.
• You could have a police report, an FTC order, or an order from a court, and filing a false police report
• The bill describes either a police report, an FTC report, or a court order.
• Regarding their financial condition is confidential.

Bills: HB3803, HB3804, HB3805, HB3806, HB3833, HB4134, HB4233, HB4238, HB4243

Keywords: HB 3803, Texas Health and Safety Code, Chapter 712, perpetual care cemetery, perpetual care trust fund, cemetery regulation, financial confidentiality, confidential records, regulatory examination, Texas Department of Banking, commissioner disclosure, interagency information sharing, state agency enforcement, federal agency disclosure, trust fund oversight, burial services, cemetery trust, consumer protection, state banks, Texas Finance Code