Video & Transcript DataContr Research : 'education legislation'
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TX
Texas 2025 - 89th Regular
Natural Resources Apr 24th, 2025 at 08:04 am
House Natural Resources Committee
Transcript Highlights:
It enhances legislative oversight by streamlining and
I serve as Vice President for Legislative Affairs for
- committee substitute really do take a big step forward to build off the successes from the 2023 legislative
- I'll end with this: it is a top priority this legislative session. We know we get one shot at this.
- That said, the legislative oversight and performance and accountability standards in SB 7 are essential
Bills:
SB7
Keywords:
water infrastructure, financial assistance, Texas Water Development Board, water supply, environmental sustainability, Senate Bill 7, water infrastructure, testimony, flood infrastructure, water reuse, legislative oversight, environmental sustainability
Summary:
The committee meeting primarily focused on Senate Bill 7, which aims to enhance Texas's water infrastructure amid growing population and environmental challenges. Various stakeholders, including representatives from engineering firms, environmental organizations, and water associations, testified in support of the bill, emphasizing its potential to address pressing water supply issues and improve infrastructure reliability. Key topics of discussion included water reuse, flood infrastructure funding, and the need for legislative oversight to ensure effective management of financial resources. The testimony underscored the importance of adapting to aging water systems while promoting innovative solutions for sustainability.
TX
Texas 2025 - 89th Regular
S/C on Telecommunications & Broadband May 2nd, 2025 at 08:05 am
House S/C on Telecommunications & Broadband
Transcript Highlights:
- Legislation, are we changing speeds for broadband service?
This is us making a legislative decision on it.
- This is codifying legislative intent, sir.
- Chairman Metcalf, I remember this legislation from last session.
- But what makes Texas different is that when this legislation was passed in 2005, it's the first time
Keywords:
broadband, internet access, digital equity, tax reduction, government funding, broadband, rural counties, fiber-optic, internet access, state funding, infrastructure, digital divide, economic development, fiber-optic cable, excavation, utilities, civil penalties, municipal regulations, infrastructure, video services
Summary:
The committee meeting focused on two primary bills: HB2838 and SB924. House Bill 2838 aimed to modernize broadband speed standards in line with FCC definitions, aiming to enhance access and reduce tax burdens on Internet services. Chairman Ashby explained the bill's intent to clarify requirements for the Broadband Development Office and included provisions for tax relief to support broadband expansion. Public testimonies presented both neutral and supportive views, emphasizing the importance of aligning state regulations with federal standards, especially for underserved areas. Senators questioned the bill's implications for service equity and federal funding eligibility.
TX
Texas 2025 - 89th Regular
Natural Resources (Part I) May 14th, 2025
Senate Natural Resources Committee
Transcript Highlights:
- And so I do think the first part of this legislation is very
- I think this legislation takes the right step. I believe it'll help a lot.
- Ryan: The impact on rates, your cost of money with this legislation or with this legislation?
- This is credit positive legislation, which is helpful in the scenario that we're in and that we're blessed
- data-time="2340"> The more debt I take on, the worse my credit rating becomes, so credit positive legislation
Keywords:
occupational licenses, renewal, Texas Commission on Environmental Quality, registration, license expiration, solid waste, landfill permits, Texas Commission on Environmental Quality, environmental regulation, population density, municipal waste management, gas utilities, cost recovery, regulatory asset, rate making, Texas Railroad Commission, regulatory lag, natural gas utilities, infrastructure, wildfires
Summary:
The meeting included a robust discussion on several bills aimed at addressing regulatory issues in the state. Key among these was House Bill 4384, presented by Representative Darby, which focuses on alleviating financial burdens caused by regulatory lag for natural gas utilities. The bill seeks to allow temporary deferral of costs related to new infrastructure, and public testimonies highlighted a significant division in opinion, with some stakeholders arguing it would increase costs for consumers without adequate oversight. The committee members engaged actively with the testimonies, indicating a comprehensive review of the implications of the bill. House Bill 2663 was also introduced, aimed at preventing wildfires through better oversight of outdated electrical infrastructure at inactive oil and gas well sites, emphasizing the need for removed or de-energized equipment to avoid future incidents.
Additionally, several other bills like HB1237 and HB3071 were discussed, with the latter addressing the cancellation of inactive landfill permits to reflect current land use and community development. The overall tone of the meeting was collaborative, with members expressing gratitude for professionalism despite some disagreements on policy details. The meeting concluded with several bills left pending for further discussion before moving to votes in subsequent sessions.
TX
Texas 2025 - 89th Regular
Natural Resources Apr 23rd, 2025 at 08:04 am
House Natural Resources Committee
Transcript Highlights:
- Prior legislation requires planning groups to.
- They wanted this piece of legislation; they wanted to get
- We had to get moving on this piece of legislation.
The committee substitute is just a legislative council
- The legislation is supported by local stakeholders.
Bills:
HB1523, HB2109, HB2694, HB3525, HB3898, HB4646, HB5188, HB5219, HB5320, HB5651, HB5655, HB5659, HB5662, HB5672
Keywords:
aquifer conservation, Class V injection well, environmental regulation, groundwater protection, municipal water supply, temporary prohibition, water management, reservoir construction, state water plan, Texas Water Code, environmental impact, Brazoria Drainage District, commissioners, elections, vacancies, resignation, brackish water, desalination, Texas Water Development Board, financial assistance
Summary:
In this meeting, the committee engaged in extensive discussions surrounding House Bill 1523, which addresses the City of Austin's Aquifer Storage and Recovery (ASR) project. Representative Gerdes laid out substantial concerns regarding the potential risks posed to local aquifers, as he emphasized the lack of transparency and community engagement by the City of Austin. Testimonies from members of the Lost Pines Groundwater Conservation District supported the bill, citing worries about adverse chemical reactions and the implications for groundwater as crucial reasons for opposing the project. Conversely, representatives from the City of Austin expressed the necessity of the ASR project for regional water supply planning and addressed the purported benefits it would provide.
TX
Transcript Highlights:
- I'm the legislative chairman of the Sheriff's Association
- And then we gave it to Legislative Council, and we got it
- On rare occasions, Legislative Council makes a mistake, but
- That's a pretty good forecast for a legislative body. I just wanted to compliment you on that.
- We do recognize that the legislation is complex as a result of many months of stakeholder engagement.
Keywords:
sidewalk user, pedestrian safety, traffic laws, bicycles, electric scooters, mobility devices, transportation, aviation, economic development, grants, loans, SB1598, SB1493, law enforcement, collision report, public safety, flashing stop lamps, CARFAX program, crime solving
Summary:
The committee meeting focused on two primary bills, SB1598 and SB1493. SB1598, introduced by Senator Hagen Booth, addresses the clarity of collision report information access for law enforcement, aiming to enhance the tools available to police agencies across Texas for solving crimes. The meeting featured strong support from police representatives, including Sheriff Brian Hawthorne of Chambers County, who emphasized the significance of the CARFAX program for police in facilitating access to vital vehicle information, free of charge. Public testimony reflected a consensus on the necessity of the bill for improved investigatory processes.
TX
Transcript Highlights:
- Recently, OPIC made a legislative recommendation to preserve consumer rights to...
- Chairman, for bringing this legislation forward into the House.
- Appraisal legislation got so close last session.
And you heard our study referenced in the last legislative
Bills:
HB345, HB721, HB2580, SB815, HB3057, HB4603, HB3233, SB495, HB3863, HB3914, HB4570, HB5099, HB5173, SB458
Keywords:
insurance, appraisal process, disputed losses, residential property, policyholder rights, insurer obligations, natural disasters, appraisal expenses, insurance, appraisal process, disputed losses, residential property, policyholder rights, umpire selection, appraisal expenses, natural disasters, insurance, residential property, appraisal process, disputed losses
Summary:
The committee meeting primarily focused on discussions surrounding SB458 and its companion bill HB4570, which address appraisal provisions in insurance policies. Chairman Dean emphasized the importance of preserving consumer rights regarding appraisals in dispute resolution and thanked stakeholders for their involvement. Testimonies were presented by various experts who supported the bill, highlighting how it could help consumers by providing a more efficient alternative to litigation in settling claims and potentially leading to higher awards for policyholders. The bill aims to streamline the appraisal process and ensure timely resolutions for insurance claims related to both personal and auto insurance.
US
Us Congress 2025-2026 Regular Session
Business meeting to consider an original resolution authorizing expenditures by the committee during the 119th Congress; to be immediately followed by a hearing to examine eliminating waste by the foreign aid bureaucracy. Feb 13th, 2025 at 09:00 am
Senate Homeland Security and Governmental Affairs Committee
Transcript Highlights:
- data-time="1032">The committee will now begin discussing the various items on the agenda, focusing on legislative
- important opportunity to address the issues facing our constituents and provide solutions through legislative
- John Doe, who will provide expert testimony on the economic implications of the proposed legislation.
- "125" data-time="1488">It's a big part of what we do every week as we come together to consider legislation
Keywords:
fiscal responsibility, government waste, foreign aid, funding resolution, legislative oversight
Summary:
The committee meeting addressed government spending and foreign aid, with a particular emphasis on perceived wasteful expenditures. A significant portion of the meeting was dedicated to discussing a funding resolution for the committee, which received unanimous support from the members present. The chair noted a quorum at the beginning of the meeting, signaling that the committee was ready to conduct its business. Discussions highlighted ongoing debates concerning fiscal responsibility and the necessity of legislative oversight, notably regarding foreign aid allocations and their implications for domestic fiscal health.
US
Us Congress 2025-2026 Regular Session
Hearings to examine constructing the Surface Transportation Reauthorization bill, focusing on United States Secretary of Transportation's perspective. Apr 2nd, 2025 at 09:00 am
Senate Environment and Public Works Committee
Transcript Highlights:
My vision for this legislation is simple but important
- By focusing on these principles, I'm confident that we can work towards bipartisan legislation, as we
- I'm excited to get to work and continue the EPW's bipartisan tradition of developing this legislation
- very often raises the issue of legislative versus executive
- You lost a lioness of a legislator and a friend of mine, and I know a friend to the...
Keywords:
surface transportation, infrastructure reauthorization, bipartisan collaboration, safety, federal programs, funding challenges, bureaucracy, transportation needs, critical projects, public testimony
Summary:
The committee meeting focused on the development of the next surface transportation reauthorization bill. Discussions centered around key principles aimed at improving the safety and reliability of the transportation network, reforming federal programs for efficiency, and addressing the diverse transportation needs across various states. Members emphasized the importance of bipartisan collaboration to streamline processes, eliminate bureaucratic delays, and ensure timely funding for critical infrastructure projects. There were also notable conversations about specific projects and funding challenges, reflecting the urgency for action and commitment to modernizing America's infrastructure.
TX
Texas 2025 - 89th Regular
Water, Agriculture, and Rural Affairs Apr 7th, 2025
Transcript Highlights:
- The district's enabling legislation includes the powers of Chapters 49, 50, and 56 of the Water Code.
- This bill builds upon the success of previous legislation.
- This bill seeks to amend legislation passed in 2011 known as the streamlined expedited release of a water
- I'm here on the bill, showing my age, but I worked on that legislation.
- We have a legislative committee that monitors pending legislation and a formal...
Keywords:
water management, Senate Bill 1190, groundwater certification, water loss mitigation, public testimony, Senate Bill 1855, infrastructure, water supply
Summary:
The committee meeting was centered around critical discussions on various bills aimed at improving water management and mitigating losses in municipal water systems. Notably, Senate Bill 1190 sparked significant conversation regarding the high water loss rates among large utilities, with stakeholders emphasizing the need for stringent, consistent validation measures and penalties. The chair expressed appreciation for the collaborative efforts to enhance groundwater management through Bill 1855, which aims to clarify the certification process for groundwater availability, addressing concerns on the ambiguities in the previous legislation. Public testimonies were heard, with supportive sentiments towards improving water conservation strategies and accountability measures within water utilities.
TX
Texas 2025 - 89th Regular
Natural Resources Mar 5th, 2025 at 08:00 am
House Natural Resources Committee
Transcript Highlights:
- When that fund was created last session, the legislation included certain statutory priorities.
- our exceptional items, but we also have a legislative priorities report.
- I'll just walk you through some of our legislative recommendations as well as our exceptional items,
- Legislative priority bills that we're working with members
- Consider this a quick preview as I look at the priorities for the 89th legislative session on your cheat
Keywords:
Texas House, Natural Resources, water management, conservation, legislative proposals, administrative processes
Summary:
During this meeting of the Texas House Natural Resources Committee, critical discussions centered on various legislative proposals impacting water management and conservation in the state. Chairman Harris emphasized the importance of balancing economic growth with conservation efforts, noting the urgency of addressing Texas's finite water resources. Several members raised concerns about the administrative processes governing water laws, and a variety of bills were presented, including a definition cleanup bill and modifications to reporting requirements. The committee heard testimony from multiple stakeholders who provided insights on existing issues and proposed solutions to enhance water management in Texas.
TX
Texas 2025 - 89th Regular
Local Government (Part I) Mar 31st, 2025
Senate Local Government Committee
Transcript Highlights:
In order to accomplish this, two-party ownership legislation
In drafting the original dissolution legislation, Legislative
- Both Walker County and the Texas Department of Criminal Justice support this legislation.
- There should be legislative language to cause it to serve in some way. Thank you.
- at least two legislative sessions, and maybe more.
Bills:
SB1079, SB1243, SB1504, SB1579, SB1708, SB1844, SB1851, SB1879, SB1921, SB1951, SB2237, SB2238, SB2406, SB2407
Keywords:
public utility agency, dissolution, local government, regulatory framework, municipal authority, telecommunication, board meetings, Gulf Coast Authority, conference call, videoconference, abandoned property, tax delinquency, urban development, receivership, local governance, disannexation, municipality, services, property owners, jurisdiction
Summary:
The committee meeting on [date] focused on several key pieces of legislation, primarily addressing land use and city governance issues. Prominent discussions included SB1579, which seeks to empower municipalities in El Paso County to manage abandoned properties through a court-appointed receiver process. This bill aims to tackle long-standing challenges posed by undeveloped and neglected land parcels that hinder community growth. Public testimonies highlighted concerns regarding safety, illegal dumping, and the economic potential of reclaiming these properties for housing and development. Notably, Mayor Rudy Cruz Jr. of Socorro expressed strong support for the bill, emphasizing the need for a clear process in handling unoccupied land.
Additionally, SB1851 was discussed, aimed at addressing audit compliance for Texas cities to improve financial transparency and accountability. Senator Nichols presented this bill, arguing for its necessity in ensuring cities cannot raise taxes without adhering to established audit requirements. Public testimonies underscored the experiences of city officials facing obstacles due to outdated audit practices, with calls for legislative action to protect taxpayers while enforcing compliance. The meeting was characterized by substantial participation from public officials, showcasing a collaborative effort to address these pressing issues.
TX
Transcript Highlights:
- There's a section of road that's half a mile, which was improperly described in the legislation from
- /span>
House Bill 2427 clarifies a mistake in previous legislation
- the passage of this bill contingent on the passage of Senate Bill 2049, which is fuel depot road legislation
- I'm the legislative director for the Texas Automotive Recyclers Association.
- It's been three sessions he's been working on this legislation. Patience is a virtue of legislation.
Keywords:
memorial highway, U.S. Army, U.S. Marine Corps, Archer County, highway designation, vehicle weight, ports of entry, Texas Transportation Code, truck regulations, load limits, Adopt-a-County Road, funding, road maintenance, county partnership, public recognition, memorial designation, highway, Sergeant Mark Butler, transportation, Brazos County
Summary:
The committee meeting featured a number of bills focused on local issues, particularly in relation to transportation and public safety. Notably, Senator Alvarado presented HB3966 regarding the relocation of a Greyhound bus terminal to a residential area, which has raised community safety concerns due to increased crime. The bill aims to require commercial bus companies to notify residents before opening new locations, fostering accountability and transparency. The meeting highlighted testimonies from both supporters and opponents regarding the implications of such legislative changes on community dynamics.
TX
Transcript Highlights:
- business is an update on the implementation of the sunset recommendations adopted during the last legislative
- Bucknell: Checking on agency's progress in implementing sunset recommendations from the previous legislative
- We now have a large body of work to support throughout the 89th legislative session.
- span marker="37" data-time="1080"> We now have a large body of work to support throughout the 89th legislative
Keywords:
Sunset Commission, Texas Ethics Commission, Trinity River Authority, modifications, recommendations, late filing penalties, public testimony
Summary:
The final Sunset Commission meeting of this biennium was marked by a series of votes on modifications and new recommendations affecting multiple agencies, including the Texas Ethics Commission and the Trinity River Authority. Notable discussions included a modification proposed by Senator Middleton, aimed at alleviating concerns regarding the accumulation of late filing penalties, particularly for post-election reports. The modifications addressed public feedback on the need for clearer guidance and support from the Ethics Commission for filers navigating the complexities of compliance. The committee successfully passed all recommended changes without objection.
TX
Transcript Highlights:
- I support the legislation, I'm sorry, this morning.
- We urge the committee to oppose this legislation.
- I'd love to be able to see a week in work if this is not the piece of legislation.
- Additionally, I would like to thank Representative Canales for sponsoring this important legislation.
- The legislation is just to allow those communities in our
Bills:
HB341, HB469, HB971, HB1624, HB2721, HB2959, HB3365, HB3731, HB3793, HB3861, HB3946, HB3966, HB4348, HB4401, HB4402, HB4924, HB4966, HB5563
Keywords:
affordable housing, zoning, development, community support, local regulations, bicycle lanes, traffic collisions, Texas Department of Transportation, study, public safety, traffic collisions, bicycles, electric bicycles, scooters, road safety, bicycle lanes, transportation study, Texas Department of Transportation, commercial vehicle, safety standards
Summary:
The committee meeting featured significant discussion around various bills impacting transportation, housing, and public safety. Notably, House Bill 4348 garnered substantial opposition due to concerns that it could hinder local governments' ability to address safety improvements on their streets, potentially impacting affordable housing initiatives. Representatives from community organizations expressed that the bill would punish cities attempting to enhance road safety, while proponents argued it encourages effective use of transportation facilities. House Bill 4402 regarding autonomous vehicle regulation also sparked a heated debate about safety concerns related to driverless trucks operating without human oversight, with passionate testimonies both for and against the bill.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services Mar 31st, 2025 at 10:03 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- The legislation permits participating districts.
- During the 87th legislative session, we passed House Bill 21.
- I'm proud to carry this legislation, not just as a lawmaker, but also as a first responder.
- I am the chairman of the legislative committee.
- Due to this growing issue, legislation is needed to mitigate these vulnerabilities and provide greater
Keywords:
teacher benefits, insurance coverage, school employees, group coverage program, risk stabilization fee, pensions, financial fraud, payment fraud, retirement benefits, House Bill 3594, House Bill 3109, San Antonio Fire and Police, Financial Crimes Intelligence Center
Summary:
The Committee on Pensions, Investments, and Financial Services convened to discuss various legislative bills focused on enhancing financial security for public employees and addressing instances of financial fraud. Notably, House Bill 3594 was presented by Representative Lujan, aimed at modernizing the San Antonio Fire and Police Retiree Health Care Fund, with support from key stakeholders, indicating broad consensus on the bill's implications. In addition, House Bill 3109 was addressed, expanding the scope of the Financial Crimes Intelligence Center to include payment fraud, reflecting Texas's proactive approach to tackling criminal financial activities and protecting its citizens.
TX
Texas 2025 - 89th Regular
S/C on Family & Fiduciary Relationships May 5th, 2025 at 02:05 pm
House S/C on Family & Fiduciary Relationships
Transcript Highlights:
- judges are qualified to understand the research this legislation
- While this may be necessary from an administrative standpoint, the legislation should be amended to ensure
- Effectively, this legislation would ensure that fathers equitably discharge parental duties to their
- If you want to draft legislation that is in the best interest of the child...
- we should work on legislation that reforms child custody,
Keywords:
judicial bond, guardianship, probate law, county judge, statutory county court, estates, inheritance, representative duties, court authority, personal representative, retroactive child support, parentage, genetic testing, family code, child's conception, guardianship, incapacitated persons, court proceedings, guardianship fees, estate management
Summary:
The meeting of the Subcommittee on Family and Fiduciary Relationships focused on a range of bills concerning child support, child welfare, and probate law. Notable discussions included HB1980, which aims to require fathers to provide financial support from the moment of conception. This bill was presented by Representative Hicklin, who highlighted the economic challenges faced by single mothers and the importance of ensuring paternal responsibility. Public testimonies were received both in favor and against this bill, including criticisms about the fairness of imposing retroactive child support. The committee members expressed varied opinions, leading to a nuanced debate about the implications of the bill on family dynamics and economic responsibilities .
Other bills discussed included SB1923, which allows child support payments to follow the child to non-parent caregivers, thus aiming to better serve children in kinship care situations. This bill was supported by advocates highlighting the financial strain on kinship caregivers without custody. Additionally, HB5642 addressed clouded titles in real estate and the importance of providing clear information to homebuyers regarding estate planning. Overall, the meeting was productive and well-attended, with substantial participation from committee members and the public.
TX
Texas 2025 - 89th Regular
Natural Resources Mar 12th, 2025 at 10:30 am
House Natural Resources Committee
Transcript Highlights:
- To receive a committee substitute from Legislative Council,
- stakeholder feedback, but approaching my office just days before the hearing to subsequently oppose legislation
- When was the first time you found out about this legislation?
I found out about this legislation at the beginning
- marker="133" data-time="792"> Personally as well, you know, a lot of times we work hard on this legislation
Keywords:
water infrastructure, Texas water fund, rural municipalities, water conservation, water loss mitigation, water fund, infrastructure projects, rural communities, water conservation, fund allocation, water infrastructure, Texas water fund, rural communities, municipalities, water conservation, water infrastructure, Texas water fund, rural communities, municipalities, conservation
Summary:
The meeting conducted by the committee included detailed discussions on two main bills: HB279 and HB638. Representative Harris opened the session by moving that HB279 be reported favorably, a motion that passed unanimously with ten votes in favor and none opposed. Following this, Representative Tepper presented HB638, which requires most water districts to record their meetings and post them online. The purpose of this bill is to ensure transparency and accessibility, especially in light of the substantial investments in water infrastructure projected for the state. Various stakeholders, including those in favor and against the bill, provided testimony highlighting both the benefits of transparency and concerns over implementation costs and logistical challenges for smaller districts.
TX
Transcript Highlights:
- This legislation has conserved.
- The committee substitute simply makes this a legislative council verdict.
- I appreciate the opportunity to come before you with this good piece of legislation.
- I want to thank everyone for their support of this legislation
- Excellent legislation. Okay, members, if we can get...
Keywords:
hydraulic fracturing, sales tax exemption, oil and gas, environmental impact, water reuse, justice, judicial council, centers of excellence, court operations, recognition program, franchise tax, retail trade, tax classification, business regulation, economic impact, advisory entities, comptroller, public accounts, financial management, government efficiency
Summary:
The meeting of the committee focused on several key bills including SB2873, SB2900, HJR4, SB1574, and SB2774. Senator Nichols played a prominent role in discussing and moving multiple bills forward, indicating strong bipartisan support as votes consistently showed 'aye' without any dissent in the committee. Public testimony was received during discussions of these bills, notably around HJR4, which addresses concerns from the financial sector regarding the imposition of new taxes on transactions, and SB2774, which modifies the tax definitions to better include industrial uniform rental businesses. The discussions highlighted the importance of economic implications as well as sector-specific needs and benefits, ensuring various sectors were represented in the discourse. The committee adjourned with all bills reported favorably for further consideration by the full Senate.
TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services Apr 28th, 2025 at 09:04 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- with legislative council drafting standards and ensures these
- This legislation will support that option for our state and school employees, aiding in our effort to
- has limited impact on the long-term funded ratio, with safeguards put in place during the 2017 legislative
- ...30 years from 2017 with the legislative reform.
- other constitutional amendments, once it becomes a part of the Constitution, the ability for future legislators
Keywords:
healthcare, direct primary care, insurance deductibles, Texas Health Benefit Plans, telemedicine, police retirement, disability pension, municipalities, law enforcement, retirement benefits, retirement, beneficiary, Employees Retirement System of Texas, divorce decree, beneficiary designation, Veterans' Land Board, general obligation bonds, constitutional amendment, veterans, housing assistance
Summary:
The committee meeting was centered on the discussion of various bills, notably focusing on House Bill 3521, which aims to enhance retention incentives for police officers in Houston. Chairman Harless opened discussions highlighting the urgency of the bill due to staffing challenges within the Houston Police Department. Testimonies were given by several members of the police department and pension fund representatives, stipulating the need for actionable changes to prevent a significant exodus of experienced officers. The bill was met with supportive testimony that underscored the precarious staffing situation and the necessity for improved retention strategies. Following deliberations, the bill remained pending for further review.
US
Us Congress 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
Senate Banking, Housing, and Urban Affairs Committee
Transcript Highlights:
- we've had comes from a bipartisan coalition that includes Senator Banks as a co-sponsor of the legislation
- Chairman, that we could have worked together on meaningful legislation to do that.
- span marker="179" data-time="2136"> in bringing this legislation
- Wyoming pioneered digital asset legislation in 2018, and I'm proud to say this bill builds upon my state's
- that Senators Hagerty, Gillibrand, Lummis, and I have been able to accomplish with this piece of legislation
Bills:
SB875
Keywords:
banking regulation, federal agencies, reputational risk, financial services, supervision, Genius Act, FIRM Act, stablecoins, bipartisan, financial regulation, national security, consumer protection, innovation
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.