Faye Thompson — Representative Faye Thompson is recognized regarding the February 13 minutes and then makes the motion to accept those minutes.
Faye Thompson — Asked whether the bill applies only to LLCs or also to S-Corps.
Jordan Redman — The chair, Jordan Redman, is repeatedly addressed as 'Mr. Chairman' and later 'Mr. Chair' while managing routine committee procedure, including a motion and vote on the minutes and a request for a citation to the code.
Jordan Redman — As chair, Jordan Redman calls the vote on HB 648, confirms the motion before the committee, asks for any final questions or concerns, and then puts the bill to a vote for a due pass recommendation. After the committee proceeds, he thanks members for their efficiency and adjourns the meeting.
Kyle Harris — Makes a motion to send House Bill 750 to the floor with a due pass recommendation and speaks in support.
Cornel Rasor — Representative Cornel Rasor said he had personally experienced a payment processor freezing his money after discovering he sold hatchets online, leaving his funds frozen for four months. He used the anecdote to explain why he supports the legislation and believes its protections are helpful.
Steve Berch — Steve Berch said he is conflicted about the bill: he appreciates its forward-looking approach to technology but has concerns about its length. He also said he is unsure how he will vote on the motion and wants to reserve the right to change his vote on the House floor.
Brent Crane — Addressed the speaker and invited comment.
Brent Crane — Asked whether anyone was signed up to testify.
Jaron Crane — Jaron Crane discusses the floor handling of House Bill 648, referencing who is expected to present or carry the bill on the floor, and then formally moves to send the bill to the floor with a due pass recommendation.
Gregor Graf, Stakeover Strategies — Gregor Graf of Stakeover Strategies introduced himself and then testified that he understands the bill’s purpose and supports clarity around the issue. He said concerns about CBDC and programmable money are mostly theoretical at this point, opposed any social credit system, and clarified that stablecoins are a separate matter from the bill’s subject.