Transcript Highlights:

• </c><03:58:23.840><c> The</c> loans associated with loan agents.
• The loans associated with loan agents.
• made by a loan agent, as well as the overall default rate on loans issued by those agents.
• The SBA inspector general reported that nearly one out of every seven loans involved a loan agent.
• </c><04:01:10.080><c> This</c> loan program responsibly. This loan program responsibly.

Bills: HB1804 , HB1642 , HB1621 , HB1634 , HR789 , HR787 , HB1816 , HB3490 , SB160

Keywords: 7(a) loan program, Small Business Administration, SBA, small business lending, loan brokers, loan consultants, referral agents, loan intermediaries, fraud oversight, transparency, reporting requirements, loan fees, referral fees, interest rates, business financing, small business loans, lender oversight, application assistance, Congressional reporting, small business

Transcript Highlights:

• We had over 80 small business emergency loans and close to a dozen loan guarantees.
• We had over 80 small business emergency loans and close to a dozen loan guarantees.
• We had over 80 small business emergency loans and close to a dozen loan guarantees.
• We had over 80 small business emergency loans and close to a dozen loan guarantees.
• </c> loans would only deepen this crisis. loans would only deepen this crisis.

Bills: HF4477

Committee: House Workforce, Labor, and Economic Development Finance and Policy

Keywords: Minnesota business recovery loan program, small business loan, zero-interest loan, forgivable loan, business recovery, economic development, small business emergency loan account, Minnesota Initiative Foundations, nonprofit lenders, greater Minnesota, Twin Cities metro, seven-county metropolitan area, immigration enforcement, business interruption, revenue loss, job preservation, business stabilization, state appropriation, forward fund, loan forgiveness

Bills: HB272 , HB272

Committee: House Constitution, Campaigns and Elections

Keywords: HB272, LASEA, AMSTEP, Alabama Commission on Higher Education, State Department of Education, teacher loan repayment, student loan forgiveness, educator shortage, teacher shortage, acute educator shortage, acute shortage location, public K-12 schools, school systems, math teachers, science teachers, computer science teachers, charter schools, failing schools, underperforming schools, teacher recruitment

Transcript Highlights:

• A conventional loan is a loan under the federal conforming loan limit that is not insured by VA or FHA
• loan amount.
• /c><00:06:33.440><c> the</c> conventional loan is a loan under the conventional loan is a loan under
• </c><00:07:56.599><c> or</c> loan products such as personal loans or loan products such as personal loans
• Bal loan balance to Affordable Loan Bal loan balance subordinate<00:08:21.039><c> lean</c><00:08:21.520

Bills: HF1865 , HF2014 , HF2028

Committee: House Commerce Finance and Policy

Keywords: mortgage, qualified mortgage, QM, points and fees, conventional loan, consumer lending, home loan, residential real estate, lender fees, service charge, finance charge, closing costs, Minnesota Statutes 47.20, housing finance, borrower protections, cooperative apartment loan, contract for deed, real estate lending, foreclosure, notice requirements

Transcript Highlights:

• All sorts of loans. Not just SBA loans. Loans that have helped create or retain 2,200 jobs.
• And how do these differences affect the loan performance in the 7A loan program?
• When we provide loans, we're not just providing loans to paper. We're providing loans to people.
• larger loans— and a larger loan for us is a loan over $75,000— are people coming to us with insufficient
• And the 7A loan program is healthy. Ninety-nine percent of loans are healthy.

Committee: Senate Small Business and Entrepreneurship Committee

Keywords: SBA, 7A loan program, underwriting standards, loan defaults, Community Advantage Program, small business funding, testimony

Summary: The committee meeting focused on discussions regarding the SBA's 7A loan program and its implementation challenges. Members raised significant concerns about recent changes to the underwriting standards, which have been criticized for leading to an increase in loan defaults. Ranking members expressed a desire for a return to stronger guidelines to protect taxpayers and ensure the program remains a viable source for small businesses struggling to secure funding. Testimonies from community lenders highlighted their efforts to support underserved communities and stressed the importance of the Community Advantage Program.

Bills: HF117 , HF392 , HF703 , HF393 , HF269 , HF865 , HF870 , HF189 , SF176 , SF277 , SF288

Committee: Joint Education

Keywords: National Guard, scholarship, education, military service, professional qualification, year-round calendar, school districts, accredited nonpublic schools, Department of Education, student loans, financial aid, college affordability, Direct PLUS loan, federal student loans, state supplemental loans, college family loan, partnership loan, Iowa College Aid, Iowa Student Loan Liquidity Corporation, APR

Transcript Highlights:

• Licensed midwives assist with low-risk births, and they are required to consult with physicians whenever
• As a last bit of background, lactation consultants are not certified by the Department of Health, but
• they may be certified by organizations such as the International Board of Lactation Consultant Examiners
• As a last bit of background, lactation consultants are not certified by the Department of Health, but
• We need to potentially remove the International Board Certified Lactation Consultants because they are

Bills: HB1904 , HB2106 , HB2211 , HB2247 , HB2329 , HB2339

Committee: House Health Care & Wellness

Keywords: animal welfare, cats, declawing, animal rights, pet care, healthcare, contract modifications, provider notifications, insurance carriers, health facilities, HB 2211, medically tailored meals, medical nutrition therapy, medical assistance, Medicaid, Health Care Authority, Department of Social and Health Services, nutrition support, chronic disease, dietary accommodations

Bills: SF119 , SSB1103 , SF46 , SSB1047 , SSB1070 , SF121

Committee: Joint Commerce

Keywords: auto insurance, motor vehicle insurance, financial responsibility, liability coverage, minimum coverage limits, bodily injury, property damage, uninsured driving, proof of insurance, insurance reform, car insurance, vehicle registration, transportation network company, rideshare, TNC, Iowa Code chapter 321A, insurance penalties, mandatory insurance, mortgage, mortgage banker

Transcript Highlights:

• They recently hired a consulting firm; the city of Tyler contracted with the local firm to review the
• House Bill 4668 gives the PUC clear authority to retain outside experts such as consultants, accountants

Bills: HB45 , HB45 , HB755 , HB 1232 , HB1555 , HB2460 , HB2702 , HB2973 , HB3120 , HB3225 , HB3314 , HB3356 , HB3371 , HB3634 , HB3638 , HB4247 , HB4283 , HB4290 , HB4302 , HB4503 , HB4511 , HB4565 , HB4581 , HB4627 , HB4632 , HB4660 , HB4668 , HB4960 , HB5042

Committee: House State Affairs

Keywords: flooding, disaster response, emergency preparedness, state guidance, public safety, housing, affordable housing, rent control, landlord-tenant laws, housing rights, lobbying, public entities, expenditures, government code, transparency, Texas Ethics Commission, government regulation, lobbying restrictions, government accountability, taxpayer money

Transcript Highlights:

• I am from the Consulting Group representing the Texas Solar and Storage Association and the Advanced
• to be able to, again, cut off access to the beach at any time it wants to without even having to consult
• conclusion, House Bill 3314 offers a forward-thinking, voluntary solution that enables builders to consult

Bills: HB45 , HB755 , HB 1232 , HB1555 , HB2460 , HB2702 , HB2973 , HB3120 , HB3225 , HB3314 , HB3356 , HB3371 , HB3634 , HB3638 , HB4247 , HB4283 , HB4290 , HB4302 , HB4503 , HB4511 , HB4565 , HB4581 , HB4627 , HB4632 , HB4660 , HB4668 , HB4960 , HB5042 , HB45

Committee: House State Affairs

Keywords: housing, affordable housing, rent control, landlord-tenant laws, housing rights, lobbying, public entities, expenditures, government code, transparency, Texas Ethics Commission, government regulation, lobbying restrictions, government accountability, taxpayer money, HB 1232, whistleblower, whistleblower protection, public employee, retaliation

Transcript Highlights:

• fee was created by the legislature last year and is an $80 fee assessed on each residential mortgage loan
• It is payable at the time of the loan closing and applies to closings on or after July 27, 2025.
• It exempts from the fee chattel loans or retail installment contracts to purchase dwellings secured as
• The bill also requires Commerce, in consultation with the Housing Finance Commission, to conduct a study
• We also support the bill's targeted carve-outs, including those for chattel loans and reverse mortgages

Bills: SB5884 , SB5885 , SB5937 , SB5938

Committee: Senate Housing

Keywords: sales tax, redevelopment, economic incentive, underutilized property, infrastructure, affordable housing, religious organizations, zoning laws, land use, community development, smart access system, smart lock, residential landlord-tenant act, tenant privacy, biometric data, fingerprint, face scan, iris scan, key fob, key card

Transcript Highlights:

• And what it does is it modernizes the Louisiana Consumer Loan framework by raising the loan amount thresholds
• while disincentivizing mid-size and larger loans.
• Our typical loan offering in most states at minimum is $2,500.
• This is for new loans moving forward.
• This loan ends. And so... This loan ends.

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

Committees: House Commerce , House Commerce, Consumer Protection, and International Affairs

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:

• In some cases, interfund loans and transfers can be made between school district funds.
• Generally, interfund loans must be repaid with interest, and the transfer may not be used to balance
• When in binding conditions, a school district may take a temporary interest-free interfund loan from
• its capital projects fund and use that loan to balance its budget, provided the loan is repaid within
• Furthermore, if the district previously has taken a temporary interfund loan from its transportation

Bills: SB5109 , SB5835 , SB6065

Committee: House Appropriations

Keywords: mortgage lending, fraud, prosecution, financial regulations, consumer protection, retirement, lump sum payment, benefits, pension, financial security, SB 6065, school district transportation, transportation vehicle fund, pupil transportation, school buses, electric school buses, zero-emission buses, bus fleet electrification, charging stations, vehicle replacement

Transcript Highlights:

• loans or deposits with lenders, the commission may make mortgage loans to borrowers.
• Loans must be issued at a below-market interest rate above 1%.
• So presumably they would be paying off this loan with another mortgage after that, right?
• I think the model is suggesting that they would pay off this loan when they sell each unit.
• , but being a part of the construction loan.

Bills: SB6018 , SB6026 , SB6027 , SB6028 , SB5937 , SB5938

Committee: Senate Housing

Keywords: housing, finance, commission, state funding, affordable housing, residential development, zoning reform, mixed-use zoning, commercial zones, Growth Management Act, GMA, state preemption, local land use, development regulations, ground-floor retail, ground-floor commercial, permit waiver, waiver process, density, urban growth area

Transcript Highlights:

• Members, when natural disasters occur, small businesses often rely on federal SBA loans to recover, but
• To address this, the 87th Legislature created two programs: the Small Business Disaster Loan Program
• and the Micro Business Disaster Loan Program to offer loan cost abating. loans while businesses wait
• You don't have weeks or months to wait for some kind of disaster loan to come in.

Bills: SB1361 , SB2105 , SB2690 , SB2713 , SCR38 , SB2637 , SB2881

Committee: House Trade, Workforce & Economic Development

Keywords: SB 1361, Texas disaster recovery loan, small business loan, micro-business loan, community development financial institution, CDFI, economic disaster assistance, post-disaster financing, business recovery fund, Texas Economic Development Bank, zero-interest loan, working capital, payroll support, health benefits, job retention, declared disaster, small business relief, microenterprise, franchise exclusion, private equity-backed business

Transcript Highlights:

• Line 29 is the loan repayment bianium.
• </c> 32, which is the student student loan 32, which is the student student loan counseling<00:07:41.039
• </c><01:14:31.080><c> serer</c> We just had a transition of loan serer We just had a transition of loan
• elimination of the loan counseling program as well.
• Um it regarding student loan payments.

Bills: HF2312

Committee: House Higher Education Finance and Policy

Keywords: higher education, college finance, student aid, financial aid, state grants, North Star Promise, scholarships, tuition relief, Minnesota State, University of Minnesota, Office of Higher Education, work-study, child care grants, Indian scholarships, tribal colleges, Hunger-Free Campus, student parents, pregnant students, parenting students, sexual misconduct

Transcript Highlights:

• SBA loans are supposed to help creditworthy businesses that cannot get loans elsewhere.
• SBA loans are supposed to help creditworthy businesses that cannot get loans elsewhere.
• Unlike the section 1071 for a loan.
• </c> after the loan after the loan origination,<00:41:52.319><c> this</c><00:41:52.560><c> bill</c><00
• </c> a preerequisite for obtaining a loan. a preerequisite for obtaining a loan.

Bills: HB2966

Keywords: citizenship, small business, loan eligibility, immigration status, entrepreneurship

Bills: HF3548

Committee: House Agriculture Finance and Policy

Keywords: farm assistance, down payment, agriculture, state funding, loan modification

Transcript Highlights:

• He got a loan from a community bank to purchase the trike.
• I should say we got a loan to purchase the trike. I should say we got a loan to purchase the trike.
• Where loan losses was the largest portion of your income?
• As I understand it, they're loaning it out, technically speaking.
• They're not loaning the money; we're loaning the money.

Bills: HB245 , HB245 , HB700 , HB2783 , HB3526 , HB3900 , HB4061 , HB4124 , HB4166 , HB4395 , HB4534 , HB4609 , HB4641 , HB4736 , HB4738 , HB4739 , HB4945 , HB5015 , HJR175

Committee: House Pensions, Investments & Financial Services

Keywords: property tax, delinquent taxes, ad valorem, penalties, interest cap, military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees

Transcript Highlights:

• For each fee collected, $1 for non-real property loans and 50 cents for secondary mortgage loans may
• If they had contracted for a loan, they'd be set with that loan payment at $1,000 a month.
• , or small business loans?
• is tied up in those loans?
• loan terms before they enter into a loan agreement with the lender, and to provide fully compliant loan

Bills: HB245 , HB700 , HB2783 , HB3526 , HB3900 , HB4061 , HB4124 , HB4166 , HB4395 , HB4534 , HB4609 , HB4641 , HB4736 , HB4738 , HB4739 , HB4945 , HB5015 , HJR175 , HB245

Committee: House Pensions, Investments & Financial Services

Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance