Video & Transcript Research : 'state treasurer'

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AZ

Arizona 2026 Regular Session

02/03/2026 - House Regulatory Oversight

Regulatory Oversight

Transcript Highlights:
  • have a new state treasurer in the next election.
  • Bullion Depository to store bullion, permits the Arizona State Treasurer to deposit up to 10% of state
  • This bill will allow the state treasurer to invest up to 10% in gold and silver.
  • And I'd just like to read some stuff that State Treasurer of Utah, Marlo Oaks, put out, because they
  • I am open to discussing it, yes, and I would also work with the state treasurer on that as well.
Bills: HB2123, HB2140
Summary: The Committee on Regulatory Oversight heard two bills from Representative Lisa Fink related to gold and silver. HB 2123 would create an Arizona Bullion Depository under the State Treasurer, allow a third-party administrator and vault services, require insurance for deposits, and recognize gold and silver as legal tender. Fink and a supporter testified that the bill would make bullion more practical for everyday use through a debit-card-style system, provide an inflation hedge, and expand access beyond wealthy investors. During committee discussion, one member voted present because of the bill’s rulemaking language, while others voted yes; the bill received a do pass recommendation by a 4-0-1 vote. The committee then considered HB 2140, which would allow state and local governments to store bullion in the depository, authorize the State Treasurer to place up to 10% of state monies in bullion, and require the Department of Insurance and Financial Institutions to adopt rules. Fink argued the bill would diversify state assets and protect against inflation and counterparty risk, citing Utah’s treasurer and constitutional support for gold and silver. A member asked whether the rulemaking provision could be removed, and Fink said she was open to discussing that with the treasurer. With no public testimony, the committee approved HB 2140 on a 4-0-1 vote, and then adjourned.
KY
Transcript Highlights:
  • From the state treasurer's office, the assistant state treasurer, former member Mr. Russell Weber.
  • Russell Weber, Deputy State Treasurer. >> Mr.
  • office, the assistant<00:20:20.480> state<00:20:20.799> treasurer, assistant state treasurer
  • Uh, once Treasurer Metcalfe leaves office and is no longer state treasurer, that we leave the organization
  • That request is $354,000. is no longer state treasure that we is no longer state treasure that we leave
Summary: The meeting began with testimony from representatives of the Prosecutor’s Advisory Council, including county and commonwealth attorneys, on their proposed budget. They described the scope of their work in district and circuit court, juvenile and dependency cases, specialty courts, guardianship, involuntary hospitalization, and the Rocket Docket program. The witnesses emphasized that their budgets are overwhelmingly personnel costs and warned that proposed cuts could lead to layoffs, reduced retention, and loss of recently added positions. They also said the General Assembly’s recent salary classification plan had improved recruitment and retention, and that underfunding could reverse those gains. A major topic was the Rocket Docket program, which they said speeds lower-level cases through the system, reduces jail costs, and saves money for both counties and the state. They reported that in one circuit, average jail time for certain cases dropped from about 50 days to about 6 days. They also raised concerns that the Rocket Docket line item may not be clearly included in the committee substitute and asked for clarification on how the budget would treat it. In response, the chair said the intent was to move some of those items into the base budget, though the exact structure was still uncertain. The presenters also discussed a 2022 subsidy for county attorney employees tied to retirement contributions, saying it totals about $1.3 million and should not be reduced because the obligation remains. They said the budget would need to support the salary classification plan extensions, House Bill 8 subsidies, and a new case management system that they described as essential to modernizing operations and improving communication with victims and law enforcement. The chair thanked them for the testimony and indicated the committee would continue reviewing the budget. The committee then heard from Deputy State Treasurer Russell Weber, who reported that the treasury has now returned more than $90 million in unclaimed property to Kentuckians. He said the office faces ongoing fraud issues and requested funding for a dedicated legal counsel and a fraud investigator, along with outreach money to educate the public about unclaimed property. He also outlined several capital requests, including the final year of a printer-system lease and replacement of HVAC equipment in the treasury building. Members briefly joked with him about a mineral-rights bill and coal, but no votes or formal actions were taken beyond approving the minutes and adjourning the meeting.
AZ

Arizona 2026 Regular Session

01/28/2026 - House Appropriations

Appropriations

Transcript Highlights:
  • Chair and members, House Bill 2303 requires the State Treasurer only invest in safe investments that
  • Additionally, the bill prohibits the State Treasurer from investment...
  • Statutes pertaining to the State Treasurer.
  • Jeff Cross, Deputy Treasurer, on behalf of the Arizona State Treasurer's Office.
  • Jeff Cross, Deputy Treasurer here on the Arizona State Treasurer’s Office. Mr.
Summary: The Appropriations Committee met on January 28 and heard several bills, beginning with member and staff introductions and a reminder about amendment deadlines. HB 2056 would appropriate $100,000 to the Arizona Department of Water Resources for a feasibility study of brackish groundwater desalination sites; the sponsor said Arizona should explore potential water supplies amid Colorado River concerns. A witness opposed the bill, and members debated whether brackish groundwater should be treated as a resource or a threat to aquifers. The committee approved HB 2056 on an 11-6 vote, with one member not voting. The committee then considered HB 2798, as amended, which would provide $100,000 to the University of Arizona/Arizona Geological Survey to compile data on materials related to nuclear energy, including thorium and other non-uranium fuels. The sponsor framed the bill as an economic development and national security effort, while opponents questioned whether Arizona has enough of the material to justify public spending. The University of Arizona supported the work as within the Geological Survey’s mission. The committee adopted the amendment and passed the bill 11-5, with one member present and one not voting. HB 2303 would codify investment rules for the State Treasurer, requiring safety and principal preservation ahead of return and prohibiting speculative investments and insider-benefit conduct. The Treasurer’s Office said the bill reflects current policy and ethics rules already in place, and members asked about how “speculative” would be defined and whether the bill would affect other investment-related statutes. The committee passed the bill 15-0, with two members present and one not voting. HB 2344 would require the Treasurer to manage the local government investment pool and allow a third-party backup only in emergencies; the Treasurer’s Office argued this preserves a low-cost, high-liquidity service for local governments, while some members questioned whether it limited future Treasurers’ discretion. The committee passed HB 2344 12-2, with three present and one not voting. Later, the committee heard HB 2759, which would appropriate $500,000 to the Department of Veterans’ Services to partner with an educational institution in Yavapai County for veteran programs. A retired Navy SEAL and campus veterans coordinator described emergency housing, equipment, and professional-development needs for student veterans at Embry-Riddle, while several members supported the effort and others objected to using state funds for a private institution or a county-specific program. The bill passed 11-6, with one not voting. The committee also passed HB 2207, appropriating $300,000 for the prison Braille transcription program, after testimony that the program trains inmates in a skilled trade and has had no recidivism among released participants; it passed 17-0, with one not voting. Finally, HB 2224, as amended to reduce the appropriation from $2 million to $1 million, would fund the Double Up Food Bucks produce incentive program through SNAP. Supporters said it helps families, farmers, and local economies and can improve health outcomes, while members discussed budget constraints; the committee approved the amended bill after testimony from program advocates and farmers.
KY
Transcript Highlights:
  • We're glad to have you back. >> Russell Weber, deputy state treasurer, chief of staff for the Treasury
  • I'm Mark Medcaf, your state treasurer. It's a privilege to speak with you today.
  • Mark Medcamp, your state treasurer. Mark Medcamp, your state treasurer.
  • :42:30.319> treasurer, >> Russell Weber, deputy state treasurer, >> Russell Weber,
  • I'm Mark Medcaf, your state treasur.<00:42:48.880> It's<00:42:49.119> a<00:42:49.280>
Summary: The committee first heard from Personnel Cabinet officials on House Bill 6, which required the Kentucky Employees Health Plan to offer a qualified high-deductible health plan by the 2026 plan year. Officials said the plan was already added for 2025, described it as the lowest-premium option with higher deductibles, and explained that federal rules prevent first-dollar coverage except for limited preventive services. They said 264 members had selected the plan out of about 142,000, and noted it also allows health savings accounts. Members asked about the plan’s benefits, what “catastrophic” meant, the deductible amounts, and whether employees were aware of the option; the cabinet said it would continue to highlight the plan in communications and that the deductible is above $8,000 for individuals and above $16,000 for families. The committee then received an update from the Kentucky Department of Veterans Affairs on the Bowling Green veterans center. Officials said the current target is to move into the building on October 28, with first admissions about two months later, pending final fixes and certification steps for Medicare, Medicaid, and the VA. They explained that about $7 million in FY25 appropriations lapsed because of construction delays, staffing ramp-up was postponed to avoid unnecessary spending, and the unspent funds should be considered in the next budget request. Members praised the project and asked about annual operating costs; officials said the current operating budget is about $15 million, though they do not expect to spend all of it this year. The commissioner also announced the fifth annual state commanders conference in Lexington, focused on veterans issues and featuring state, federal, and advocacy leaders. State Auditor Allison Ball then outlined her office’s budget priorities. She said the office is primarily a billing agency that charges audited entities for its work, and warned that some agencies are now signaling they may refuse to pay for audits related to kinship care and the medical cannabis application process. She said the office plans to continue requesting outlier credits for unusually burdensome county audit fees, funding for the ombudsman office’s transition and expanded in-office operations, and revenue replacement for local government audits and possibly state audits and special examinations. Ball also said the office conducts about 500 audits, reviews, and examinations a year and wants to restore performance audits with seed funding, as well as add investigators to the ombudsman office to focus more on child abuse and neglect cases. Members discussed the value of performance audits, the possibility of raising certain board thresholds to account for inflation, and the need for additional capacity to handle more audits.
AZ

Arizona 2026 Regular Session

01/26/2026 - House Public Safety & Law Enforcement

Public Safety & Law Enforcement

Transcript Highlights:
  • We've heard about state employees being not paid well. These are not just state employees.
  • I've seen it in two different states over my 22 years in state legislatures combined.
  • We're a big state. We're a big boy state.
  • general fund to the state treasurer and fiscal year twenty seven to distribute to yavapai county for
  • We're helping agencies across the state, all over the state, to train law enforcement.
Summary: The committee first heard HB 2641, which would ban firefighting foam containing intentionally added PFAS chemicals. The sponsor said the bill was intended to protect firefighters and the public from carcinogenic and persistent chemicals that can contaminate groundwater, and noted Arizona had already banned the foam for training. A University of Arizona public health researcher testified that firefighters have higher PFAS levels than the general public and that AFFF use is associated with elevated exposure, while a firefighters’ association representative said alternatives exist and that the bill would remove uncertainty for departments. The committee passed HB 2641 unanimously, 15-0. The committee then heard HB 2602, a $24,000 appropriation for a 10% pay increase for Department of Public Safety employees in fiscal year 2027. The sponsor and supporters from the Arizona Troopers Association argued the raise was needed for recruitment and retention, citing vacancies, departures, and the cost of training new troopers. Several members supported the idea but raised concerns about the budget impact and the broader issue of pay disparities across agencies and state employees. The bill received a do pass recommendation on a 10-0-3 vote, with two members voting no and three voting present. Finally, the committee considered HB 2225, which would appropriate $10 million for capital costs at the Northern Arizona Regional Training Academy in Yavapai County and keep the funds from lapsing until 2029. The sponsor and Yavapai County law enforcement witnesses said the academy is overcrowded, serves multiple agencies across northern Arizona, reduces travel and lodging costs, and provides both basic and in-service training. Some members questioned whether the state should fund a county-based facility and raised concerns about the size and structure of the appropriation, while others supported the training mission but wanted the issue handled in the budget process. The committee voted to give HB 2225 a do pass recommendation, with several members voting no or present.
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 6th, 2026 at 05:01 pm

Senate Finance

Transcript Highlights:
  • It may actually, in a sense, help reduce and make us more efficient from an IT spend across state government
  • get to a point where we can really focus on centralization, I think it would be the best bet for the state
Bills: SB193, SB132, SB35, SB145
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 6th, 2026 at 09:18 am

Senate Finance

Transcript Highlights:
  • Is it for state-owned infrastructure? Yes. To help state-owned enterprise? That's correct.
  • Is it for state-owned infrastructure? Yes. To help state-owned enterprise? That's correct.
  • The state engineer has indicated they can get started, and this will count toward our eventual state
  • Well, the state engineer is okay with getting extra state aid before the settlements have been finalized
  • The state engineer is okay with getting extra state aid before the settlements have been finalized, and
Bills: SB193, SB132, SB35, SB145
WY

Wyoming 2026 Regular Session

Senate Appropriations Committee, February 9, 2026

Appropriations

Transcript Highlights:
  • Out-of-state travel is, um, roughly $220,000. Our dues, Mr.
  • Uh, so there are some states that are helping fund this.
  • proposals uh for a convention of states proposals uh for a convention of states and<00:10:06.720
  • It has to do with what's happening in other states, how they regulate it.
  • It has to do with what's happening in other states, how they regulate it.
Bills: HB0105, HB0107, SF0002
WY

Wyoming 2026 Regular Session

House Appropriations Committee, February 9, 2026

Appropriations

Transcript Highlights:
  • I'm director for the state McCome.
  • <00:28:37.200> school does not meet the state school does not meet the state school suitability
  • thank the uh the team over at uh state thank the uh the team over at uh state construction<00:28
  • We're hopeful that, uh, I think it's currently at 5.6% state share of the state sales and use tax.
  • He started when he was the state of W.
Bills: HB0105, HB0107, SF0002
NM

New Mexico 2026 Regular Session

House - Appropriations and Finance Feb 6th, 2026 at 04:27 pm

House Appropriations & Finance

Transcript Highlights:
  • The state wildlife agency recently completed its state wildlife action plan.
  • So nearly half our state, between federal, state, and local municipalities, is already federal land.
  • New Mexico became a state in 1912.
  • State land is state trust land.
  • , as many other states are doing.
Bills: HB2, SB193, SB132, SB35, SB145
AZ

Arizona 2026 Regular Session

02/11/2026 - House Appropriations

Appropriations

Transcript Highlights:
  • State Representative, we'll be a suci.
  • Chairman, members, there are 31 states that have enacted state programs.
  • Shepherd members, there are 31 states that have enacted state programs.
  • state.
  • So I know that Channel 12 News is suing the state treasurer and ADE for public records having to do with
Summary: The committee first heard HB 2584, which would prohibit public funds from being used for genetic sequencing equipment made by companies owned or controlled by entities domiciled in a foreign adversary. The sponsor said the bill is intended to prevent sensitive genetic data from being sold or used against the United States. There was little public testimony, and the committee approved the bill on a 13-5 vote for a do pass recommendation. Members then considered HB 2804, a rural development and housing tax credit bill that would let the Department of Housing allocate up to $2 million per year in credits for qualifying rural affordable housing projects, with the program set to expire in 2037. Supporters, including the sponsor, the mayor of Flagstaff, and housing investors and developers, said the credit would leverage federal LIHTC dollars, attract private capital, and help finance affordable housing for seniors, veterans, and low-income residents in rural Arizona. Opponents from the Arizona Free Enterprise Club argued state LIHTC programs are inefficient, costly, and hard to oversee. The committee passed the bill 13-4. The committee also heard HB 2388, as amended, which appropriates $100,000 to the Arizona Commerce Authority to study the economic benefits of small modular reactors and data centers, with a report due by June 30, 2027. Supporters said the study could help Arizona plan for future energy and data-center growth, while opponents argued the agency already has other funding sources and should not receive additional money for the study. The amended bill passed 10-7. After a presentation from Auditor General Lindsay Perry on county treasurer procedural reviews and the Santa Cruz County embezzlement case, the committee approved HB 2352, which provides $2,385,900 in FY 2029 for the Auditor General to continue county treasurer reviews, on an 11-7 vote. The committee then unanimously approved HB 2418, as amended, which directs $600,000 to be evenly distributed among five major incident task force counties and codifies the longstanding distribution practice. Finally, the committee took up HB 2499, the first of two ESA administration bills, which would appropriate $2.6 million and 12 FTEs to the Department of Education for ESA administration and oversight beginning in FY 2027; the bill drew extended debate about ESA growth, accountability, testing, and spending oversight, but the transcript cuts off before the final vote.
AL

Alabama 2026 1st Special Session

Alabama House Financial Services Committee Jan 14th, 2026

Financial Services

Transcript Highlights:
  • That that information through the state.
  • Our state treasurer, Young Boozer, is here today."
  • Well, we are actually putting some caps in there that the property owners or their state can get the
  • Well, we are actually putting some caps in there that the property owners or their state can get the
  • that the property owners or their state that the property owners or their state can<00:09:28.640
Bills: HB55, HB104, HB55, HB104
AZ

Arizona 2026 Regular Session

03/25/2026 - House Ways & Means

Ways & Means

Transcript Highlights:
  • Senate Bill 1042 allows members of the state treasurer or a state retirement system to invest in virtual
  • I'm wary of having our state get involved with cryptocurrency.
  • think it's the appropriate approach for the state.
  • It builds a policy around what is the norm for the state.
  • Above the line is what flows through to your state tax forms.
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.
AZ

Arizona 2026 Regular Session

01/28/2026 - Senate Government

Government

Transcript Highlights:
  • This is my first legislative session here at the Arizona State Senate.
  • It's not just at one archival library in the state; they're all over the state.
  • Instead, this proposed law would create state-sanctioned bullying.
  • of Washington, state of California, state of Oregon—things that have never occurred in Arizona.
  • I think better of our state, better of our legislature.
Summary: The committee first handled Senate Bill 1045, which would bar cities, towns, and counties from taxing or charging fees on the use of blockchain technology in residences, with limited exceptions. The sponsor said the bill was a repeat of a measure vetoed the prior year and framed it as a tax-preemption issue. There was no testimony, and the bill was moved and passed out of committee on a 4-3 vote. The committee then heard Senate Bill 1019, which would prohibit the addition of fluoride to public water systems. Senator Shamp argued the bill was about health freedom, informed consent, and emerging research she said raised concerns about fluoride’s benefits and possible neurodevelopmental risks. Opponents, including representatives of Arizona dental and public health groups, testified that community water fluoridation is safe, effective, and especially important for low-income and rural communities with limited dental access. After extended debate, the bill received a do pass recommendation on a 4-3 vote. Senate Bill 1050 would provide free lifetime state park passes to Arizona veterans. State Parks testified neutrally but warned the measure could reduce revenue used to support park operations and rural economies; the sponsor said the bill was prompted by a park visit where veterans were charged admission. The committee also approved SB 1050 on a 4-3 vote. Later, SB 1078, dealing with de novo review in public records denial cases, passed unanimously after support from the Goldwater Institute, and SB 1083, which would prevent HOAs and condo associations from banning certain lighted home address devices for emergency response, also passed after testimony from the sponsor and a homeowners coalition.
NM

New Mexico 2026 Regular Session

Senate - Rules Feb 4th, 2026 at 09:26 am

Senate Rules

Transcript Highlights:
  • It's going to impact how we do business in the state of New Mexico.
  • But, Madam Chair, Senator, if I say I'm enrolled online at North Dakota State University The State of
  • states.
  • , and state agencies across the state to look at the backlog kit At that time, the state auditor and
  • The rest of the state comes here to Santa Fe to the DPS Crime Lab.
Bills: SB132, SM16, SM17
NM

New Mexico 2026 Regular Session

Senate - Finance Feb 4th, 2026 at 10:04 am

Senate Finance

Transcript Highlights:
  • Through this program, the state has optimized nearly $1.5 billion.
  • , as well as the services for healthcare provision to our state.
  • The state of hospitals in New Mexico is so important.
  • I graduated from New Mexico State University down south.
  • We have over 70 solar companies in the state.
Bills: SB101, SB58, SB55