Video & Transcript Research : 'secured creditors'

Page 1 of 491
AZ

Arizona 2026 Regular Session

03/10/2026 - House Commerce

Commerce

Transcript Highlights:
  • Senate Bill 1252 adopts the Uniform Law Commission's Uniform Assignment for Benefit of Creditors Act,
  • The assets are distributed in an order of priority for the benefit of the assignor's creditors.
  • As mentioned by staff, this act is a uniform assignment for the benefit of creditors act.
  • Section 606 provides a process for notifying creditors, including ...real property.
  • Section 606 provides a process for notifying creditors, including options for them to opt out.
Summary: The Commerce Committee met and heard three bills, after announcing that Senate Bill 1254 would not be heard. Senate Bill 1181, which revises requirements for certified public accountants and is identical to House Bill 2476, was presented as a CPA pathways measure that opens additional routes to CPA certification in Arizona. Testimony from the Arizona Society of Certified Public Accountants supported the bill as part of a nationwide effort to keep Arizona CPAs competitive. The committee had no questions and voted 10-0 to give SB 1181 a do pass recommendation. Senate Bill 1252 adopted the Uniform Law Commission’s Uniform Assignment for Benefit of Creditors Act. Staff and Uniform Law Commission testimony explained that the bill creates a debtor-initiated alternative to bankruptcy or receivership, allowing a distressed business to assign assets to an assignee who liquidates them and distributes proceeds to creditors under a priority scheme. The act was described as flexible, with creditor notice, claims resolution, and court oversight provisions. The committee again had no questions and voted 10-0 to recommend SB 1252 do pass. Senate Bill 1415 set qualifications for salaried employees of insurers or managing general agents to obtain an adjuster license without taking the Arizona adjuster exam, and limited such licenses to adjusting claims as salaried employees. State Farm testified in support, explaining that other states have changed licensing rules, creating a need for Arizona-based company adjusters to obtain Arizona licenses without duplicative testing, especially for large employers like State Farm and USAA. The bill was presented as a workaround to preserve reciprocity for existing adjusters, and the committee voted 10-0 to recommend SB 1415 do pass before adjourning.
AL

Alabama 2026 1st Special Session

Alabama Senate Fiscal Responsibility and Economic Development Committee Jan 21st, 2026

Fiscal Responsibility and Economic Development

Transcript Highlights:
  • I'll have a couple of bills from that group this year, is the Uniform Assignment for Benefit of Creditors
  • And this lays out all the parameters that the creditors and the debtor would deal with.
  • They wanted some regular reporting when the creditors were giving them...
  • They wanted some regular reporting when the creditors were giving them...
  • They wanted some regular reporting when the creditors were giving them...
Bills: HB59, SB15, SB96, SB104, SB137
AZ

Arizona 2026 Regular Session

01/26/2026 - Senate Finance

Finance

Transcript Highlights:
  • an assignment for the benefit of creditors.
  • businesses and creditors alike.
  • and creditors alike.
  • So how and who creates the list of creditors and how do we know that the list of creditors is complete
  • They will be taking note of all of the creditors, secured or unsecured, and making distributions as needed
Summary: The committee began with staff and page introductions, then took up a series of previously heard bills, mostly related to cryptocurrency and tax administration. SB 1042, SB 1043, SB 1044, and SCR 1003 dealt with allowing public entities to invest in virtual currency, accept cryptocurrency payments, and exempt virtual currency from property tax. Supporters framed the measures as modernization, while opponents argued crypto is risky, fraudulent, and a poor use of public funds. All four measures were recommended do pass on narrow 4-3 votes, with Democrats generally opposed. The committee also heard SB 1221, which would require the Department of Revenue to notify legislative tax chairs before adopting a new interpretation or application of tax law that could adversely affect taxpayers. The sponsor said the bill was meant to front-load disputes and avoid surprise tax changes; it passed 4-3. SB 1142, which would have Arizona opt into a new federal scholarship tax credit program and require ADOR to administer it, drew extensive testimony. Supporters said it would expand scholarship opportunities for students in public, charter, private, and home education settings and keep donations in Arizona. Opponents argued it would divert money from public schools, lack accountability, and primarily benefit wealthier families. The bill passed 4-3 after lengthy debate. The committee then questioned Department of Revenue officials about a press release on Arizona tax forms and federal conformity after H.R. 1. Members focused on why the department told taxpayers not to wait to file, how the state conforms to federal changes, and whether amended returns would be needed if the Legislature changes the forms later. DOR said the forms were issued assuming conformity, that most taxpayers would not be affected by pending changes, and that amended returns could be required for some retroactive provisions; members criticized the guidance as confusing and potentially costly. Finally, the committee heard SB 1254, which would require both grantor and grantee signatures on conveyance documents before recording, to reduce deed fraud and clarify acceptance of property transfers. County assessors supported the bill, saying it would close a loophole and improve records; it passed 6-0 with one member not voting. The committee then began SB 1252, the Uniform Assignment for Benefit of Creditors Act, with testimony from the Arizona Uniform Laws Commission explaining that it would create a more uniform framework for asset assignments and creditor claims, but the transcript cuts off before any vote on that measure.
TX

Texas 89th Regular

Culture, Recreation & Tourism Apr 15th, 2025

Culture, Recreation & Tourism

Transcript Highlights:
  • and other states to have a Coast Guard certified titling system, which will give lenders better security
  • Passing this bill ensures Texas secures the full economic benefit of hosting a premier international
AL

Alabama 2026 1st Special Session

Alabama House Financial Services Committee Jan 28th, 2026

Financial Services

Transcript Highlights:
  • so working with the Securities so working with the Securities Commission<00:11:54.480> u<
  • > commission banking here, securities commission banking here, securities commission here.<00:
  • And it's the best securities department.
  • But uh securities.
  • <00:23:36.080> to um make sure they have the securities to um make sure they have the securities
OK

Oklahoma 2026 Regular Session

Banking, Financial Services and Pensions Feb 10th, 2026 at 03:00 pm

Banking, Financial Services and Pensions

Transcript Highlights:
  • One of those is the assignment for the benefit of creditors.
  • individual or a business or an entity, a corporate entity, can assign its assets for the benefit of a creditor
TX
Transcript Highlights:
  • These are legal documents that are supposed to reflect valid security interests, but are sometimes abused
  • By enacting these provisions, Texas will enhance the security of virtual currency transactions, protect
  • It's very dangerous for not just Texas, but for our national security, right?
  • I'm a retired state employee on a fixed income, including my Social Security.
  • It increases the safety and security of our homes.
TX

Texas 89th Regular

Business and Commerce Apr 15th, 2025

Business & Commerce

Transcript Highlights:
  • By enacting these provisions, Texas will enhance the security of virtual currency transactions.
  • By enacting these provisions, Texas will enhance the security of virtual currency transactions.
  • It’s very dangerous, not just for Texas but for our national security, right?
  • I'm a retired state employee on a fixed income, including my Social Security.
  • So it makes financial sense, and it increases the safety and security of our homes.
Summary: The committee took up a long list of pending bills before moving to several bills on the day’s posting. It reported favorably SB 438, SB 512, SB 647, SB 648, SB 715, SB 758, SB 1964, SB 2121, SB 2145, SB 2167, SB 2330, SB 2349, SB 2443, SB 2629, SB 2702, SB 1495, and SB 2268, with several of those adopted from committee substitutes. Some measures were sent to the local and uncontested calendar, while others were reported to the full Senate. Votes on the pending-business bills were generally strong, though SB 715 and SB 2330 drew recorded opposition; SB 647 and SB 648 had one member present not voting because of confusion over the deed-related bills. A major discussion centered on SB 715, which would establish a reliability standard and penalties/incentives for generation resources. Senator Sparks said the committee substitute would avoid unfairly penalizing existing dispatchable generation, allow wind and solar to qualify through storage or backup power, give the PUC flexibility to set standards and phase in the program, and exempt switchable units. Critics raised concerns that it could raise consumer costs and destabilize the market, while supporters argued it would improve reliability. The committee substitute was adopted and the bill was reported out 6-4. The committee also heard testimony on SB 2330, dealing with payroll deduction for association dues, where the author said the bill would end state involvement in dues collection except for first responders covered by meet-and-confer agreements. Members questioned why teachers and other employees were treated differently, and the bill was reported out 6-5. Other notable bills included SB 2864 on building-integrated photovoltaics, SB 1012 on sale of surplus state property, SB 2221 on fraudulent UCC filings, SB 1705 regulating cryptocurrency kiosks with licensing, transaction limits, fee caps, and a 72-hour hold, SB 1181 on combative sports licensing, SB 2586 on HOA transparency, SB 2075 as a TDLR cleanup bill, and SB 383 restricting offshore wind interconnection based on impacts to shipping, wildlife, and coastal interests. Several of these were left pending after testimony, with SB 1705 drawing both law enforcement support and industry concerns over the fee caps and limits.
VT

Vermont 2025-2026 Regular Session

Senate Session - 2026-05-06 - 11:00AM

Vermont Senate Floor Meeting

Transcript Highlights:
  • reasonable security procedures. reasonable security procedures.
  • debtors and creditors. debtors and creditors.
  • If the creditor rejects the claim, the creditor may recommence collection activities but may not sell
  • In addition, subsection F specifies that with respect to debt secured by tangible property, a creditor
  • respect to debt secured by tangible property,<01:59:09.800> a<01:59:09.880> creditor<01
Keywords: 927, senate, all
KY

Kentucky 2026 Regular Session

Senate Standing Committee on Judiciary (2-19-26)

Judiciary

Transcript Highlights:
  • those assets from my creditors.
  • insulate those assets from my creditors. insulate those assets from my creditors.
  • my creditors can get to that. my creditors can get to that.
  • <00:13:28.079> in are worried about their creditors in are worried about their creditors in
  • <00:13:55.200> can a rule that says if my creditors can a rule that says if my creditors can
Keywords: 958, all
Summary: The Senate Judiciary Committee met with a quorum and took up Senate Bill 50, sponsored by Chair Storm and President Stivers, a broad probate and trust measure. Stivers and attorney Barry explained that the bill updates Kentucky probate and intestacy procedures to better fit electronic filing and modern family structures, adjusts inheritance tax classifications to reflect longer lifespans and more complex family relationships, and adopts newer trust tools used in other states, including electronic wills and directed trusts. They also described a domestic asset protection trust provision, saying it is intended to level the playing field with other states and is not meant to help people evade existing creditors; they noted one non-uniform section may have fiscal impact and could warrant referral to Appropriations and Revenue. Members asked about the asset protection trust language, especially whether it could shield assets after a lawsuit is pending or threatened. Barry said the bill would not allow transfers to defeat existing or threatened claims and that the protection only applies where there are no such claims at the time of transfer. Senators also discussed whether the trust could be used for spendthrift-style family planning, with Barry noting trusts can already be drafted for that purpose and that the bill is not aimed at that issue. Senator Thomas requested more detail on the inheritance tax changes, and Stivers explained that the bill would move more beneficiaries into the no-tax category because estates now often pass to older children, grandchildren, and step-relatives, creating unexpected tax liability. He and others said the changes were meant to reflect modern family patterns and longer life expectancy, and Thomas said he was not opposed to the tax changes but wanted the public to understand them. Tim Shank of the Kentucky Bankers Association testified that the bankers were not opposing the bill overall but had concerns about the domestic asset protection trust section, particularly its treatment of existing mortgages and creditor claims. He said the bill’s notice and claim-extinguishment provisions could create unintended consequences for mortgage holders, and he urged changes to protect existing debt. In response, Senator Thomas questioned whether a lender that takes no action for the bill’s six-month-to-two-year claim period should lose its claim, but Shank replied that federal mortgage rules and payment status could complicate that assumption. The discussion ended with acknowledgment that the mortgage issue was likely unintended and would need further review.
TX

Texas 89th Regular

Judiciary & Civil Jurisprudence Apr 23rd, 2025

Judiciary & Civil Jurisprudence

Transcript Highlights:
  • the courthouse security fund.
  • OCA Judicial Security Division to...
  • This judge has 24/7 security, and so the...
  • Building Security Fund, and Justice Court Building Security Fund.
  • Court security incidents that are reported to our court security division, and yes, threats are going
MA

Massachusetts 2025-2026 Regular Session

Joint Committee on the Judiciary Jun 21st, 2026 at 01:00 pm

Joint Committee on the Judiciary

Transcript Highlights:
  • Moving on to S. 1045, An Act Protecting Personal Security.
  • Moving on to S. 1045, An Act Protecting Personal Security.
  • Moving on to S. 1045, An Act Protecting Personal Security.
  • Moving on to S. 1045, An Act Protecting Personal Security.
  • But banks and credit card companies use Social Security numbers, not the newspaper.
Keywords: 995, all
Summary: The Joint Committee on the Judiciary held a lengthy public hearing on a wide range of civil actions, labor, consumer protection, and animal welfare bills. Chair Lydia Edwards and Representative Michael Day opened with strict testimony rules and time limits, then heard from legislators and advocates on measures including animal-abuser pet ownership bans (S. 1207/H. 1914), a name-change privacy bill (S. 1045/H. 1973), tort claims reform (H. 1724), law enforcement council coverage under the Tort Claims Act (S. 1199), civil rights and qualified immunity-related proposals (H. 1641), employee free speech/captive audience restrictions (S. 1078/H. 1653), consumer protection and civil rights jurisdiction expansion (S. 1041), private right of action for wage theft (H. 1916), gun-owner liability insurance (H. 1836), pseudoephedrine sales tracking (S. 1243/H. 1581), prepaid legal services plans (H. 1612), structured settlement protections (H. 1863), third-party litigation financing disclosure (H. 1861), antitrust reform for small businesses and workers (S. 1038/H. 1982), legal notices in online-only newspapers (S. 1279/H. 1632), and several animal cruelty and protection bills including H. 1938, H. 1949, S. 1277/H. 1934, and H. 1764. Testimony was largely supportive from bill sponsors and advocacy groups, with repeated themes of protecting vulnerable people and animals, improving access to justice, and updating outdated laws. Supporters of the animal bills argued for stronger possession bans, broader cruelty citations, and civil removal tools to prevent repeat abuse; opponents or conditional supporters raised due process and enforcement concerns, especially around warrantless seizures and requiring retail or shelter staff to check registries. On the labor and consumer side, supporters said the antitrust bill would curb monopoly power and help small businesses and workers, while opponents warned it could destabilize competition and burden successful firms. The employee free speech bill was backed as a response to captive audience meetings, and the wage-theft bill was presented as a way to let workers or organizations pursue claims when individual employees are afraid to come forward. Several public officials and association representatives testified on the law enforcement and civil rights bills. Chiefs of police supported adding law enforcement councils to the Tort Claims Act, saying it would close a liability gap for regional mutual-aid collaborations. But police representatives opposed changes to the Massachusetts Civil Rights Act and qualified immunity-related provisions, arguing the federal system already provides a workable forum and that expanding liability could increase costs, reduce morale, and worsen recruitment and retention. On the consumer/civil rights bill, Senator Collins and a veteran described an out-of-state assault case that they said showed the need for Massachusetts to let residents seek redress at home when rights are violated elsewhere. No votes or formal committee actions were taken during the hearing itself; the committee mainly received testimony and questions. Several witnesses indicated they had submitted written testimony or proposed amendments, and some bills drew requests for favorable reports while others were explicitly opposed unless amended.
VT

Vermont 2025-2026 Regular Session

House Session - 2026-03-17 - 10:00AM

Vermont House Floor Meeting

Transcript Highlights:
  • Irish-Americans role in securing Irish-Americans role in securing American<00:15:48.680> independence
  • A creditor<01:20:19.960> who<01:20:20.080> needs<01:20:20.320> additional A creditor
  • <01:20:46.040> will<01:20:46.240> cease claim, the creditor will cease claim, the creditor
  • <01:20:54.720> will Within 30 days, the creditor will Within 30 days, the creditor will receive
  • The creditor may then move to report.
Keywords: 926, house, all
Summary: The House opened with a devotional reading for St. Patrick’s Day, followed by the Pledge of Allegiance and the reading of a resignation letter from Representative Hooper of Burlington. The letter said the House environment had changed significantly and that he was resigning before the next cycle, while thanking colleagues and urging bold leadership to address major problems facing Vermonters. Members then received first readings and referrals for a large slate of bills. House bills introduced included measures on tax administration, hunting license fees, emergency management, oath and affirmation language in statutes, judiciary procedures, a Vermont homelessness response continuum, paperwork reduction, public utility subjects, municipal regulation of agriculture, miscellaneous agricultural subjects, and municipal permitting of ground-mounted solar arrays. Senate bills referred to House committees included vocational rehabilitation, home improvement and land improvement fraud, advanced metering infrastructure devices, water quality, and fair employment practices. Several other bills on the notice calendar were also referred to Ways and Means or Appropriations because they affected state revenue or carried appropriations. The House adopted two concurrent resolutions on the consent calendar: HCR 214, honoring Irish-American patriots and their role in American independence, and HCR 220, welcoming the USS Vermont’s namesake visit and designating April 18, 2026 as USS Vermont Day. Members also offered announcements recognizing guests from the USS Vermont and related veterans’ groups, remembering former Representative Ken Harvey, and noting upcoming events such as March Madness pools, the Legislative Cabaret, a Rural Caucus meeting, and a NAMI Walks team. On the floor calendar, H. 723 on posting of land was taken up, amended as recommended by the Committee on Environment, and ordered to third reading on a 10-0-1 committee vote. The House then began second reading of H. 757 on manufactured homes and limited equity cooperatives; committee members described manufactured housing as a key affordable housing option in Vermont and said the bill would clarify how these homes are purchased, titled, taxed, and financed, while reducing costs and improving consistency for homeowners, lenders, and municipalities.
HI

Hawaii 2025 Regular Session

JDC Public Hearing 01-28-2025

Judiciary

Transcript Highlights:
  • secured creditors are already, um, well, they're secured, so they, for the extent of their security,
  • secured creditors are already, um, well, they're secured, so they, for the extent of their security,
  • You mentioned the judgment creditors.
  • if the Judgment the Judgment creditors if the Judgment creditor<00:10:39.120> actually<00:10:
  • <00:10:50.120> if would be an unsecured creditor if would be an unsecured creditor if there's
Keywords: 912, senate, all
Summary: The committee heard testimony on several Judiciary-related measures. SB 94 would increase the mandatory minimum jail term for a first knowing or intentional violation of a temporary restraining order from 48 to 72 hours. The Office of the Public Defender and the Hawaii State Coalition Against Domestic Violence opposed the bill, arguing the current penalty is effective, the measure treats very different conduct the same, and the mental health assessment language is unclear and could be harmful or misapplied. Some other testifiers were listed in support or opposition, but no vote was taken. SB 15 would raise the real property exemption amount for attachment or execution. The Hawaiʻi Financial Services Association offered comments rather than opposition, suggesting the bill should be clarified as applying to creditor claims rather than property taxes and possibly limited to a primary residence, with restrictions on frequency of use. Committee discussion focused on how the exemption would affect unsecured creditors, the role of recorded mortgages and judgment liens, and whether the bill should instead establish a clearer homestead-style exemption. The bill drew both support and comments, with no action taken during the hearing. The committee also took testimony on SB 117, which would protect people making sexual misconduct claims from defamation suits unless made with malice; SB 121, a constitutional amendment to give the Senate more time to confirm judicial appointments; SB 14, a reapportionment amendment tied to the decennial census and resident population; SB 175, which would raise the mandatory retirement age for judges and justices from 70 to 75; SB 173, creating a three-year pilot program for free child care for minor children of parties and witnesses attending First Circuit court hearings; and SB 261, increasing juror pay from $30 to $50 per day. Testimony on these measures was generally supportive in the case of SB 175, SB 173, and SB 261, with some opposition on SB 14 and SB 117. On SB 173 and SB 261, committee members asked questions about practical implementation, and on SB 261 the State Bar Association said the increase was overdue and intended to encourage jury participation.
NH

New Hampshire 2025 Regular Session

Senate Ways and Means (04/16/2025)

Ways and Means

Transcript Highlights:
  • Up to avoid creditors.
  • creditor, but not always.
  • home for the creditor to attach. home for the creditor to attach. Uh,<00:35:24.320> correct.
  • mortgage on the property and secured mortgage on the property and that<00:36:06.720> secured<
  • The the to attachment by um creditors?
Keywords: 1191, senate, all
NH
Transcript Highlights:
  • Securities Regulation. Securities Regulation.
  • <00:16:40.639> regulation, write about uh, securities regulation, write about uh, securities
  • <00:18:29.840> distributed cryptographically secured distributed cryptographically secured
  • A digital security would remain under the jurisdiction of the Securities and Exchange Commission, the
  • qualifying reserves, is not a security qualifying reserves, is not a security and<00:33:48.480><
Keywords: 1189, house, all
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.
TX
Transcript Highlights:
  • a controlling person of a state bank is exempt from filing a new application to acquire voting securities
  • bill does not apply to home loans or the collection of a judgment previously obtained, prohibit creditors
  • a means of proving coerced debt and declaring the consumer a victim of identity theft, and give creditors
  • Prohibit debtors, or rather creditors, debt collectors, or third-party debt collectors from attempting
  • This authority will help ensure that individuals with a history of misconduct or security risk do not
Summary: The committee first took up pending business and favorably reported several House bills without opposition, including HB 11, HB 132, HB 1041, HB 1606, HB 2286, and HB 5061. Each was moved out of committee with a recommendation that it do pass and be printed, and several were also recommended for the local and uncontested calendar. The committee then heard HB 3306, which would extend existing construction-contract indemnity exceptions to electric infrastructure construction, maintenance, and vegetation management work for electric utilities and transmission and distribution utilities. The sponsor said the bill would reduce litigation and insurance costs for ratepayers, while construction industry witnesses argued it would shift liability onto subcontractors and create broad-form indemnity in a way Texas law has generally prohibited since 2011. HB 3306 was left pending. The committee also heard HB 4739, a Comptroller-requested cleanup bill to repeal an outdated Finance Code provision requiring remittance of a portion of certain delinquency charges to the state, and HB 3803, HB 3804, and HB 3806, all Department of Banking-requested cleanup bills dealing with confidentiality and supervision rules for perpetual care funds, state banks, and trust companies. Those bills were briefly explained and left pending without testimony. HB 4219, aimed at improving Public Information Act compliance by requiring timely notice when records do not exist or are being withheld, allowing complaints to the Attorney General, and imposing training and fee consequences for noncompliance, drew support from a journalist and a policy analyst and was also left pending. The committee then heard HB 4238 on coerced debt and identity theft. The sponsor explained that the committee substitute narrows the bill to court-ordered findings of identity theft/coerced debt, gives collectors seven business days to stop collection activity, and removes a section to avoid litigation over court orders. A law professor and a family violence advocate testified in strong support, describing coerced debt as a barrier for domestic violence and elder abuse survivors trying to rebuild credit and access housing, jobs, and utilities. The bill was left pending. HB 1522, which would require local governments to post meeting notices three business days in advance and make budget materials more accessible online and in physical form, also drew support, though a school business officials representative raised concerns about the timing language, proposed-budget wording, and taxpayer impact statements for school districts; the bill was left pending after discussion. Later, the committee heard additional pending bills, including a PUC background-check bill that would expand the commission’s authority to check current employees and contractors and obtain FBI criminal history information, HB 3805 updating money services business regulation, HB 431 extending HOA solar-panel protections to solar tiles, and HB 3228 and HB 3229 on wind and solar recycling financial assurance and recycler solvency. HB 3228 received support from a Sierra Club witness who said recycling and disposal plans are needed for end-of-life renewable energy equipment, and HB 3229 was described as requiring recyclers to show financial resources at 125 percent through a letter of credit or bond. These bills were heard and left pending.
TX
Transcript Highlights:
  • Chairman, this bill... ...strengthens the justice court process for both creditors and debtors and is
  • I'm here on behalf of the Texas Creditors Bar Association, and we are in favor of this bill.
  • I'm here on behalf of the Texas Creditors Bar Association and we are in favor of the bill.
  • I achieve a balance between the creditor and the debtor.
  • The bill also protects creditors and heirs by applying existing estate law. rules. With that, Mr.