Video & Transcript Research : 'redeem'
Page 1 of 16
AZ
Transcript Highlights:
- the Chairman mentioned, that liens are not extinguished when the tax lien is sold or the right to redeem
Keywords:
public funds, virtual currency, bitcoin, investment, Arizona Strategic Digital Asset Reserve Act, state treasurer, retirement system, state payments, cryptocurrency, Arizona law, payment methods, government transactions, tax lien, property tax lien, real property tax lien, foreclosure, right of redemption, redeem, excess proceeds, county abatement lien
Summary:
The House Ways and Means Committee considered a series of Senate bills and one concurrent resolution, with several measures involving virtual currency, county tax liens, tax conformity, and retirement system investments. The chair announced that Senate Bill 1503 would be held at the sponsor’s request and noted this was likely the committee’s last meeting of the session. The committee also heard testimony on Senate Bill 1042, which would allow state treasurer and retirement system funds to invest up to 10% in virtual currency holdings, and Senate Bill 1043, which would allow state agencies to accept virtual currency payments through agreements with providers. Members raised concerns about volatility and government involvement, but both bills were described as permissive rather than mandatory and were returned with due pass recommendations by 5-3 votes.
The committee then took up Senate Bill 1067, dealing with county cleanup assessments for blighted properties in unincorporated areas. Chairman Olson offered an amendment removing the bill’s property-tax-bill mechanism and instead preserving county liens so cleanup costs could survive a tax lien sale. County representatives and the County Supervisors Association supported the amended approach as a way to recover costs and make counties whole. The amendment was adopted unanimously, and the bill as amended passed 8-0. Senate Bill 1292, clarifying that the Public Safety Personnel Retirement System’s 5% voting-stock cap applies to publicly traded corporations, also passed with broad support after testimony from PSPRS.
Two tax-administration bills prompted extended debate. Senate Bill 1180 would direct the Department of Revenue to prepare tax forms based on conformity to the Internal Revenue Code unless the legislature enacts nonconformity; Chairman Olson’s amendment limited the presumption to provisions that reduce federal adjusted gross income or taxable income, reflecting concerns about automatic tax increases. The sponsor said the bill was meant to clarify legislative intent and prevent executive overreach, while several members said the amended version was materially different from the original. The amendment and the bill as amended both passed 5-3. Senate Bill 1221 would require DOR to notify the House Ways and Means and Senate Finance chairs before adopting new interpretations or applications of tax law that adversely affect taxpayers and to testify if hearings are held; an intent amendment was adopted, and the bill passed 5-3 amid debate over the meaning of “adversely.”
Finally, Senate Concurrent Resolution 1033, which encourages the Arizona State Retirement System and PSPRS to monitor digital asset exchange-traded funds and report on feasibility, risks, and benefits before the next session, was approved 5-3. Some members objected to the use of “encourage” and to the underlying cryptocurrency policy, while supporters said the resolution simply sought information and did not mandate investment. The committee then adjourned.
MN
Minnesota 2025 1st Special Session
Committee on Judiciary and Public Safety - 03/24/25
Judiciary and Public Safety
Transcript Highlights:
- It just creates this weird redeemable interest that they use then to try to redeem the home.
- It just creates this weird redeemable interest that they use then to try to redeem the home.
- It just creates this weird redeemable interest that they use then to try to redeem the home.
- It just creates this weird redeemable interest that they use then to try to redeem the home.
- manage to redeem and so they can redeem manage to redeem and so they can redeem in<01:48:02.080>
MN
Minnesota 2025-2026 Regular Session
House Judiciary Finance and Civil Law Committee 3/13/25
Judiciary Finance and Civil Law
Transcript Highlights:
- The third adds 30 days to the ability of a homeowner to redeem.
- to the ability of a homeowner to redeem to the ability of a homeowner to redeem so<00:02:57.640>
- Another problem is if the homeowner wants to redeem, they have a six-month period to redeem, meaning
- Often people will sell their house as a way to redeem, so they get to capture any equity in the house
- other Junior creditor that redeemed other Junior creditor that redeemed ahead<00:15:02.720>
of
Keywords:
mortgage foreclosure, redemption, foreclosure surplus, sheriff's sale, junior lienholder, mortgagor, homeowner protections, loss mitigation, dual tracking, foreclosure redemption period, certificate of redemption, certificate of sale, sheriff, county recorder, registrar of titles, homeownership center, lien priority, real property, foreclosure by advertisement, surplus funds
US
US Federal 2025-2026 Regular Session
Business meeting to consider an original bill entitled, "GENIUS Act of 2025", and S.875, to curtail the political weaponization of Federal banking agencies by eliminating reputational risk as a component of the supervision of depository institutions. Mar 13th, 2025 at 09:00 am
Banking, Housing, and Urban Affairs Committee
Transcript Highlights:
- So they have an incentive to do a run on the bank and redeem themselves. their coins if they worry about
- There's an implicit guarantee that the dollar's worth of stablecoins can be redeemed for an actual dollar
- And then consumers are there trying to figure out how to redeem their stable coin.
- And all my amendments. it would do is to ensure that those trying to redeem their stablecoins would have
- This will prohibit stablecoins from being redeemed by the central bank of any adversarial countries such
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.
VT
Vermont 2025-2026 Regular Session
Senate Session - 2026-05-22 - 10:00AM
Vermont Senate Floor Meeting
Transcript Highlights:
- Deposit initiators must pay retailers and redemption centers that redeem containers.
- containers to wait for redeeming containers to wait for redemption<00:53:13.960>
services. - , that are being redeemed, that are being redeemed, the<00:53:59.200>
location <00:53:59.760 - out of state, have already been redeemed, or are not registered with the PRO.
- ,<00:58:27.640>
or state, have already been redeemed, or state, have already been redeemed
HI
Transcript Highlights:
- And when we looked at took to redeem.
- We recommended that had re had redeemed.
- I just deposits that are not redeemed.
- able to redeem their stuff there. able to redeem their stuff there.
- redeem their bottles<01:05:29.280>
and <01:05:29.520>cans.
Summary:
The informational briefing focused on the Office of the Auditor’s recent audit of Hawaii’s deposit beverage container program and the Department of Health’s response. State Auditor Les Condo reviewed the program’s structure, noting it was created to increase recycling and reduce litter, but said prior audits have repeatedly found weak internal controls, reliance on self-reported data, and an “honor system” approach. He cited examples of underreporting and overpayment risks, including a Whole Foods settlement and secret-shopper testing at a redemption center where the program reimbursed more than what was actually paid to consumers. Condo said the special fund continues to grow, increasing by more than $12 million between FY24 and FY25, and that the 2024 audit found no meaningful progress in implementing earlier recommendations. He also noted that many prior recommendations were later codified in law, including risk-based audits and internal control requirements, and said the office will audit the program again in about a year.
Senator Fevella said the briefing was needed because he has seen little progress over the years and emphasized the program’s goals of reducing litter and promoting recycling. He noted that Hawaii has lost a glass recycler, underscoring broader challenges in the system. Department of Health Deputy Director Kathleen Hoe said the department is committed to addressing longstanding problems and said the director’s office meets with the program twice a month. Program staff outlined steps being taken to respond to the audit, including revising accounting and inspection/enforcement manuals, retaining third-party services, and implementing risk-based audits of distributors and redemption centers. They said internal control process documents from distributors were due June 30, with about 200 received and roughly 100 still outstanding, and that enforcement letters are being sent.
The department also described plans for electronic reporting to reduce manual entry and improve accuracy, as well as a broader legislative proposal for a tiered audit system. Under that proposal, larger distributors would remain subject to the current every-other-year audit requirement, middle-tier distributors would be audited every five years, and smaller distributors would be exempt. Officials said the governor had temporarily waived enforcement of the 2025 independent audit requirement because of cost concerns for smaller distributors, while the department reviews submitted audits and considers a longer-term fix. No votes or formal committee actions were taken during the informational briefing.
FL
Florida 2026 Regular Session
Appropriations Committee on Agriculture, Environment, and General Government Feb 18th, 2026
Appropriations Committee on Agriculture, Environment, and General Government
Transcript Highlights:
- Eligible stable coins must be fully backed, redeemable for U.S. dollars, and... ...allowing the state
- Eligible stable coins must be fully backed, redeemable for U.S. dollars, and comply with federal financial
- provides DFS with the authority to audit or examine stable coin issuers to verify reserve backing, redeemability
- Require eligible stable coins to be fully backed, redeemable for U.S. dollars, and comply with federal
- provides DFS with the authority to audit or examine stable coin issuers to verify reserve backing, redeemability
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.
MN
Minnesota 2025-2026 Regular Session
House Housing Finance and Policy Committee 2/18/26
Housing Finance and Policy
Transcript Highlights:
- a teny with a non-governmental redeem a teny with a non-governmental source<01:14:58.719>
of < - <01:15:02.239>
a <01:15:02.400>teny statute allows tenants to redeem a teny statute - allows tenants to redeem a teny with<01:15:03.280>
a <01:15:03.520>written <01:15:03.760 - <01:15:40.159>
their be used to allow tenants to redeem their be used to allow tenants to - redeem their teny.<01:15:41.360>
And <01:15:41.600>respectfully, <01:15:42.159>if
Keywords:
HF3403, emergency rental assistance, rental aid, homelessness prevention, housing crisis, imminent risk of homelessness, eviction prevention, county aid, Tribal governments, local government aids, general fund appropriation, Minnesota revenue commissioner, poverty level, low-income housing, housing stability, family homeless prevention and assistance, emergency housing assistance, eviction, rent, redemption
MA
Massachusetts 2025-2026 Regular Session
Joint Committee on Revenue Jun 21st, 2026 at 10:00 am
Joint Committee on Revenue
Transcript Highlights:
- deposit those funds in their bank account, the funds are still taxed as regular income when they are redeemed
- deposit those funds in their bank account the funds are still taxed as regular income when they are redeemed
- so upon completing their year of Taxed as regular income when they are redeemed.
- However, some members refrain from redeeming their education award because of the tax burden.
Summary:
The Joint Committee on Revenue held a public hearing on bills related to income and estates, with Chairs James Eldridge and Adrian Madaro presiding and members participating in person and virtually. The committee explained hearing procedures, written testimony deadlines, and the new joint rules for acting on bills. No votes were taken during the hearing.
The first major topic was increasing Massachusetts 529 college savings deductions, through House Bill 3151 and Senate Bill 2066. Brad Freeman of the Association of Independent Colleges and Universities in Massachusetts testified in support, saying the current deduction has encouraged more families to save for college and should be expanded to match other states. He argued the change would help middle-income families and noted the original deduction was designed with a revenue offset and later made permanent.
The committee also heard support for House Bill 3010 and Senate Bill 1963, which would exclude the federal Segal AmeriCorps Education Award from Massachusetts taxable income. Beth McGuinness and Lindsay Rooney of the Massachusetts Service Alliance said the tax creates a burden for AmeriCorps members, many of whom have low incomes and use the award directly for tuition or student loans, and that removing the tax would aid recruitment and retention. Another bill, House Bill 3062 on settlements of tax liability, drew testimony from a taxpayer, a tax practitioner, and a legal aid attorney who described the current offer-in-settlement process as too restrictive and underused; they urged changes to make tax debt resolution more equitable and more consistent with federal practice.
AL
Transcript Highlights:
- But Blake and Sher, will you come up here and just kind of redeem yourself a little bit?
- Let them redeem yourself this morning. complain a little bit. Success can be complain a little bit.
- <00:32:33.600>
just <00:32:33.919>kind <00:32:34.159>of <00:32:34.559>redeem - <00:32:35.120>
yourself <00:32:35.440>a uh and just kind of redeem yourself a uh and - just kind of redeem yourself a little<00:32:35.760>
bit.
TX
Transcript Highlights:
- By allowing homeowners over the age of 65 up to 4 years to redeem their property instead of the standard
Bills:
HB485, HB1367, HB1370, HB1827, HB1879, HB2032, HB2133, HB2357, HB3581, HB3830, HB4060, HB4085, HB4270, HB4979, HB5217, HB5268, HB5478, HJR96, HJR97, HJR119, HJR195, HJR209, SB4, SB23, SJR2, SJR85, SB 4, SB 23, SJR 2
Keywords:
healthcare, insurance, access, affordability, public health, emergency services district, sales tax, gas and electricity, residential use, tax exemption, emergency services, gas, electricity, HB 485, ESD, use tax, residential utilities, utility tax, local option tax, Texas Health and Safety Code
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (03/10/2026)
Transcript Highlights:
- Issuers must redeem a payment stable coin. And that's important. They have to redeem at one.
- I'll pay for it or I'll redeem.'
- I'll pay for it or I'll redeem.'
- Those folks who are I'll redeem."
- there's always an asset uh uh to redeem there's always an asset uh uh to redeem um<01:20:03.679>
Summary:
The meeting began with roll call and introductions of commission members and guests, followed by approval of the agenda and a motion to approve the February 10 minutes with a correction clarifying that one quoted statement was misattributed. The commission then moved into presentations.
The main presentation came from the Conference of State Bank Supervisors on implementation of the federal GENIUS Act for stablecoins. The speaker reviewed the OCC’s recent 367-page proposed rule, noting it raises many open questions and design choices for states, and discussed expected upcoming rulemaking from the FDIC, Federal Reserve, and Treasury. The presentation focused on six areas: permissible issuer activities, reserve assets and redemption, risk management and supervision, treatment of state-qualified issuers, capital/operational backstops, and foreign issuers. It also flagged unresolved issues around Bank Secrecy Act/AML requirements and the meaning of “digital asset service provider” activities.
A substantial portion of the discussion addressed yield restrictions, with the presenter explaining the OCC’s broad definition of yield and its rebuttable presumption against issuer-affiliated or related third-party yield arrangements. The speaker said this likely forecloses many existing white-label structures but leaves some room for third-party payments depending on distance from the issuer, and noted ongoing Senate debate over similar provisions. The presentation also covered reserve valuation, liquidity and diversification requirements, redemption timing, and supervisory expectations such as third-party oversight, IT security, exam cycles, and reporting. No additional votes or formal actions were taken beyond approving the amended minutes.
HI
Hawaii 2025 Regular Session
EEP Public Hearing - Tue Jan 28, 2025 @ 9:00 AM HST
Energy & Environmental Protection
Transcript Highlights:
- <01:04:23.359>
our convenience of actually redeeming our convenience of actually redeeming - it, and when it's convenient, you redeem them, and it works.
- it, and when it's convenient, you redeem them, and it works.
- it, and when it's convenient, you redeem them, and it works.
- when it's convenient, you redeem them, and it works.
Summary:
The House Committee on Energy and Environmental Protection opened its first hearing of the session and heard testimony on several energy and environmental bills. On HB 470, relating to noise and leaf blowers, the Department of Health supported the bill’s intent to reduce noise pollution but raised concerns about using decibel limits alone and suggested using dBA measurements; testimony also noted the bill would regulate future sales rather than current use, and there were three additional testimonies, two in support and one in opposition. No questions were raised before the committee moved on.
The committee then heard HB 742 on transit-oriented development, which would require HCDA to prepare a programmatic EIS for Ewa, Kapalama, and West Oahu improvements. UH supported the bill, HHFDC said it was already preparing a master plan and programmatic EIS for the Ewa area, and HCDA explained that the projects are already underway or completed, including infrastructure work funded by prior appropriations. Supporters said the bill would streamline environmental review and potentially reduce costs for future housing, while HCDA emphasized the work is already in progress.
On HB 340, concerning a streamlined grid-ready home interconnection process and related cost recovery, DCCA provided comments, the Attorney General suggested changing a deadline to a specific date, and the PUC said it wanted to study the matter further while still meeting the 180-day reporting requirement. Solar and clean energy groups strongly supported the bill as a way to speed interconnection and advance grid-interactive technologies, while Hawaiian Electric supported the goal of more DERs but opposed the process, saying its interconnection performance has improved and that collaboration would be preferable to legislation. Members asked about newer technologies, UL 1741, and ratepayer impacts, and the Consumer Advocate said removing the cost-recovery section would alleviate its concerns.
The committee also heard HB 243, requiring PV- and EV-ready new residential construction, which the Hawaii State Energy Office described as a cost-saving no-brainer because installing these features during construction is much cheaper than retrofitting later. The hearing then shifted to HB 350, expanding the water-heater systems that can satisfy building-permit requirements to include heat pump water heaters alongside solar hot water systems. The Energy Office supported the bill, Solar Ray supported the concept but asked for amendments to align efficiency standards and noted the bill’s removal of a 15-year lifespan limit for solar thermal systems, and Hawaii Solar Energy Association raised questions about how heat pump performance should be measured and whether PV-plus-heat-pump combinations should qualify. Committee members asked about impacts on smaller homes and ADUs, and the discussion remained focused on technical standards and possible amendments; no votes or final actions were taken in the portion provided.
MN
Minnesota 2025-2026 Regular Session
Committee on Housing and Homelessness Prevention - 02/19/26
Housing and Homelessness Prevention
Transcript Highlights:
- Senate File 3599 would expand this protection to allow tenants to also redeem with a guarantee letter
- expand the ability of tenants to redeem expand the ability of tenants to redeem a<01:44:52.639><
- <01:44:58.560>
redeem <01:44:58.880>a only allows tenants to redeem redeem a only allows - tenants to redeem redeem a teny<01:44:59.440>
with <01:44:59.600>a <01:44:59.760>written - to also redeem with a guarantee<01:45:19.199>
letter <01:45:19.440>from <01:45:19.679><
TX
Transcript Highlights:
- It's got to be without redeeming social value, and it has to appeal to the prurient interest of a minor
- It's got to be without redeeming social value, and it has to appeal to the prurient interest of a minor
- And in terms of C, utterly without redeeming, I’m sorry, utterly without redeeming social value for minors
- And in terms of C, utterly without redeeming social value for minors, is it your understanding that that
- And so what I’m positing, if you have a book with 220 pages that have redeeming social value, and there
Summary:
The House convened with a quorum, offered an invocation, led the pledges, and approved a series of routine motions, including excusing absent members and granting permission for several committees to meet while the House was in session. Members also adopted several memorial and recognition resolutions, including H.R. 1023 honoring Christian Beerbill, H.R. 1033 recognizing International Bereaved Mother’s Day, and H.R. 877 recognizing Urban League Advocates Day. The House also recommitted SB 17 and HB 4211 to committee and postponed SCR 27 and HB 2145 for later consideration.
The chamber then took up a long third-reading calendar of bills covering a wide range of topics, including Sunset review measures, health care workforce and pricing, child custody and family law, Medicaid, rural ambulance grants, energy reporting, public information requests, trail development, virtual meeting disruptions, occupational licensing, protective orders, county leave pools, animal cruelty, infrastructure, and higher education. Most bills were explained briefly by their authors and passed with broad support, though several drew notable opposition, including HB 5265, HB 2402, HB 3000, HB 3237, HB 3326, HB 1056, HB 281, HB 3308, HB 1043, HB 1234, HB 1193, HB 294, HB 809, HB 334, HB 2037, HB 285, HB 1353, HB 3960, HB 4044, HB 4264, HB 2807, HB 3349, HB 4406, HB 1593, HB 1899, HB 1201, and others.
Several bills prompted extended debate or amendments. HB 3237, extending public energy-use reporting for state and higher-education buildings, passed after questions about its public-sector-only scope and energy savings. HB 3326, addressing public service loan forgiveness credit for adjunct professors, initially failed on a 69-70 vote but later passed after verification and machine corrections. HB 3211, concerning optometrists in managed care plans, adopted a Buckley amendment before passing. HB 2213 on Texas Windstorm Insurance Association board composition adopted a Metcalf amendment requiring certain board members to be Texas residents. HB 412, dealing with harmful materials and sexual performance of a child, generated extensive questioning about its scope, existing legal standards, and effects on educators and medical professionals; the excerpt ends during that debate.
NH
New Hampshire 2025 Regular Session
Commission to Study Stable Tokens (11/12/2025)
Transcript Highlights:
- , as something that is redeemable, as something that is redeemable, convertible<00:20:06.000>
- Now it's right to redeem at face value.
- Um sort immediately redeemable for cash.
- It has to be redeemable for a currency.
- Um, those redemption redeemable for $1.
Summary:
The commission met on November 12 and first approved the September 17 and October 15 draft minutes unanimously after brief discussion. Members also identified themselves for the record, including a new member from Bumpsk Bank, a staff attorney from the Secretary of State’s Bureau of Securities Regulation, a prior crypto commission participant, and a uniform law commissioner involved in tokenization projects.
The main presentation was by UNH law professor Seth Orinberg, who discussed the federal GENIUS Act and the pending Clarity Act and how they affect New Hampshire’s options in the digital asset space. He described the GENIUS Act as governing payment stablecoins/stable tokens, defining them as blockchain-based assets used primarily for payments, redeemable for a fixed amount of national currency, and required to maintain stable value. He said the law creates three possible state roles: hosting federally qualified issuers, becoming a state qualifier for issuers up to a $10 billion threshold, or exploring state-backed issuance as a sovereign. He noted that the state-qualification path would require conforming legislation, examination capacity, and coordination with Treasury, while the sovereign-issuer theory is legally uncertain and may become a test case.
Orinberg also outlined the core compliance framework he said applies to covered issuers: 100% reserve backing in high-quality liquid assets, monthly public reserve reporting, no yield or interest-like rewards, segregation of reserve assets, immediate redemption at face value, and anti-money-laundering/know-your-customer obligations. He then turned to the Clarity Act, describing it as a broader market-structure bill that would create categories such as digital asset, digital commodity, digital security, and ancillary asset, with self-certification procedures for issuers. He said the two federal laws together would separate payments from investments, preempt inconsistent state standards for covered payment stablecoins, and likely reshape the boundaries of state authority over digital assets.
MO
MN
Transcript Highlights:
- covenants, O God, who has spoken through your many and varied prophets, O Lord of sacrificial and redeeming
- :05:16.120>
of <00:05:16.280>sacrificial <00:05:17.160>and <00:05:17.320>redeeming - O Lord of sacrificial and redeeming O Lord of sacrificial and redeeming love, love, love, our<00
- <00:28:38.159>
than <00:28:38.360>have <00:28:38.600>to <00:28:38.720>redeem - , arrears, rather than have to redeem, arrears, rather than have to redeem, come<00:28:40.000>
VT
Transcript Highlights:
- The Senate required each point of redemption to have operational capacity to redeem beverage containers
- , including equipment, training, and reasonable pickup times for redeemed containers.
- The Senate required each point of redemption to have operational capacity to redeem beverage containers
- , including equipment, training, and reasonable pickup times for redeemed containers.
- , including equipment, training, and reasonable pickup times for redeemed containers.
Summary:
The House took up several Senate proposals of amendment and, by voice vote, concurred in each. On House Bill 928, technical corrections to fish and wildlife statutes, the House suspended the rules, heard a section-by-section explanation of changes to hunting violation points, license expiration dates, license fees, and Champion Lands reporting, and then concurred after both the committee and Ways and Means reported favorable straw polls of 11-0. On House Bill 915, the extended producer responsibility program for beverage containers, the House also suspended the rules and heard a detailed summary of Senate changes affecting handling fees, redemption requirements, PRO administration, collection-site standards, reporting, and effective dates; Environment reported a favorable straw poll and Ways and Means noted a modest fiscal impact from higher liquor bottle handling fees, after which the House concurred.
The House then took up Senate Bill 328 on housing and common interest communities. The General and Housing Committee explained the Senate’s further amendments, including changes to the treasurer’s housing credit facility, consultation requirements, VHIP funding provisions, municipal housing planning, duplex and accessory dwelling unit rules, temporary multi-unit provisions, downtown and village center benefits, and common-interest-community reporting on vegetable gardens. Appropriations and Environment both reported no additional fiscal concerns and favorable straw polls, and the House concurred in the Senate proposal of amendment.
Finally, the House considered House Bill 542 on PCB testing in Vermont schools. The Senate strike-all amendment would extend the testing deadline to 2035, create a future special fund for testing and remediation, require PCB testing before major renovation projects using state construction dollars, and direct ANR to report on remaining costs and funding options. After questions about how the amendment would affect schools that had already tested or completed remediation, Education explained that existing remediation reimbursements would continue and that the amendment mainly delays the mandate and sets up a future funding mechanism. The House concurred, then recessed until 5:20 p.m. to prepare for additional Senate bills.
NH
New Hampshire 2026 Regular Session
Commission to Study Stable Tokens (01/14/2026)
Transcript Highlights:
- So, when they're redeemed, then the yield goes to the states. >> When they're redeemed, the yield accrues
- for cash, they are exercised or redeemed for cash, they are redeemed,<01:46:22.400>
but <01:46 - So, they 100% >> when<01:46:29.920>
they're <01:46:30.080>redeemed. - Then the yield >> when they're redeemed.
- <01:48:10.560>
large large dollars and redeeming large large dollars and redeeming large dollars
Summary:
The commission met to review stable tokens, real-world asset tokenization, and blockchain-based trust, approved the agenda and December 12 minutes, and heard a presentation from Anchorage Digital after postponing a planned Bitco presentation because of its IPO quiet period. Anchorage’s Melinda Delos, Joe Mioli, and Kevin Wasaki introduced the firm, describing it as a global digital assets platform and the first crypto-native institution in the U.S. to receive a federal banking charter. They said their approach emphasizes security, regulated custody and trading services, and responsible innovation for institutional clients, banks, states, and sovereigns.
The presentation focused on post-Genius Act momentum in the stablecoin market. Anchorage said the law provided regulatory clarity and helped spur activity with major clients, including Athena, Tether, and Western Union. The speakers highlighted Western Union’s planned stablecoin as especially significant because it reflects adoption by a long-established traditional payments company, and they said the project illustrates how stablecoins can support programmable, real-time, interoperable payments. They also noted that Anchorage is providing issuance infrastructure for the Western Union project.
The commission and presenters also discussed government uses of tokenized assets, including reserve legislation, digital assets for tax collection and fees, and a Marshall Islands initiative to use a tokenized sovereign bond for direct citizen payments. In response to a question, Anchorage said it would follow up on which states are using digital assets for revenue collection, mentioning Louisiana and Pennsylvania as examples. The banking discussion centered on remittances, instant payments, and interbank settlement, with Anchorage arguing that stablecoins can reduce settlement time, fees, and foreign exchange risk while improving traceability and auditability.