Video & Transcript Research : 'trusts'

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MN

Minnesota 2025-2026 Regular Session

House Housing Finance and Policy Committee 3/10/26

Housing Finance and Policy

Transcript Highlights:
  • Community land trusts are a viable solution to building affordable housing in which land is held in trust
  • Community land trusts are a land trusts.
  • Community land trusts affordable.
  • /c> the state and community land trust have the state and community land trust have facilitated<00:04
  • land trust homes. land trust homes.
Bills: HF3600, HF3809, HF3608
MN

Minnesota 2025 1st Special Session

House Judiciary Finance and Civil Law Committee 2/25/25

Judiciary Finance and Civil Law

Transcript Highlights:
  • agreement, essentially create a new trust agreement and move assets from the old trust to the new trust
  • <00:19:25.280> um<00:19:25.440> essentially trust which in a trust um essentially trust
  • or to terminate a trust.
  • then go and amend that trust or terminate that trust.
  • that trust.
Bills: HF747, HF360
LA

Louisiana 2026 Regular Session

Revenue and Fiscal Affairs May 11th, 2026

Revenue & Fiscal Affairs

Transcript Highlights:
  • But I trust Senator Reese to look into it deeply.
  • We trust the locals to make the best decisions. Well, yeah, I mean, I hope so.
  • We trust the locals to make the best decisions. Well, yeah, I mean, I hope so.
  • So, 961 is a companion bill, and it deals with this same concept for a trust.
  • So some very definite rules on how it would apply to a trust as well as the average homeowner.
AL

Alabama 2026 1st Special Session

Alabama House Financial Services Committee Jan 28th, 2026

Financial Services

Transcript Highlights:
  • And then you also, that particular trust might be classified as what you call a grantor trust.
  • And then you also, that particular trust might be classified as what you call a grantor trust.
  • And then you also, uh, that particular trust might be classified as what you call a grtor trust.
  • And then you also, that particular trust might be classified as what you call a grantor trust.
  • And then you also, uh, that particular trust might be classified as what you call a grtor trust.
AZ

Arizona 2026 Regular Session

03/25/2026 - House Ways & Means

Ways & Means

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

02/02/2026 - Senate Finance

Finance

Transcript Highlights:
  • Chairman, members of the committee, there's no other mechanism to add to a essentially a trust account
Summary: The Senate Finance Committee approved the January 26, 2026 minutes and then heard several bills dealing with tax, retirement, and property assessment issues. SB 1215, as amended, was described as a technical “comma bill” that reorganizes the list of firefighter cancer conditions presumed work-related and removes mistakenly included peace officer language; it passed 6-1. SB 1180 would codify Arizona Department of Revenue’s practice of assuming federal conformity for above-the-line income tax items when preparing forms, with supplemental instructions if the legislature later acts differently; it passed 7-0 after discussion about whether it would affect executive-ordered changes. SCR 1028, a voter-referral measure to narrow the statutory exception allowing agencies to set certain fees and assessments without a two-thirds vote, drew sharp debate over majority rule versus limits on delegated fee authority and passed 4-3. The committee also advanced SB 1292, which clarifies that the Public Safety Personnel Retirement System’s 5% ownership cap applies only to publicly traded corporations; PSPRS said the change would avoid compliance problems and unnecessary costs, and it passed 7-0. SB 1294, restoring county assessors’ authority to prorate property values for property destroyed in any manner while preserving a five-year classification benefit only for property destroyed by verifiable accident, passed 6-1. SB 1430, the annual tax corrections act, passed unanimously after DOR said it mainly removes redundant language, fixes a cross-reference, and codifies current practice. The committee then considered SB 1270, which would let CORP employers make optional supplemental retirement contributions of up to $5,000 to Tier 3 correctional officers and related employees at specified service intervals. Supporters from the FOP said it is a flexible retention tool for hard-to-staff correctional jobs, while some members worried it could add costs for counties and not solve the underlying retention problem; it passed 6-1. Finally, SB 1290, which requires advance notice and inspection reports for certain property inspections and bars repeat agricultural inspections for three years, drew strong support from farm groups and strong opposition from county assessors, who argued it would create costs, limit their ability to verify new construction, and interfere with annual valuation duties. The bill passed 4-2 with one member not voting, and the committee adjourned.
OK

Oklahoma 2026 Regular Session

Judiciary Feb 10th, 2026 at 01:30 pm

Judiciary

Transcript Highlights:
  • OU Health is operated by a public trust.
  • They said that there's still a liability exposure for the trust that's operating OU Health because it
  • So, we're just making sure that the employees are covered and ultimately the public trust.
  • This is an update to the trust code.
  • through those as we've been operating uniform trust code and Oklahoma trust code.
AL

Alabama 2026 1st Special Session

Alabama Senate Judiciary Committee Feb 25th, 2026

Judiciary

Transcript Highlights:
  • trustee can do that even if the trust trustee can do that even if the trust doesn't<00:37:56.079
  • I want to know what’s in this trust.”
  • This is driven by banks and trust companies coming to our trust and estate planning lawyers and saying
  • Um, this is driven by banks and trust Um, this is driven by banks and trust companies<00:41:09.200
  • <00:41:20.400> in "Hey, don't don't create your trust in "Hey, don't don't create your trust
OK
Transcript Highlights:
  • Trust me. Have a motion in a second. Will there be any discussion or debate?
  • Last year, we passed a uniform trustst code, the Oklahoma uniform Trust code. It's about 66 pages.
  • Bill 2104 is just a cleanup bill that tightens up some definitions and aligns prior statutes with the trust
  • It removes physician faculty members and physician staff at the university hospital Trust.