Video & Transcript DataContr Research : 'fiduciary interests'

Page 8 of 46
TX

Texas 2025 - 89th Regular

Energy Resources Apr 14th, 2025 at 02:04 pm

House Energy Resources Committee

Transcript Highlights:
  • So say we acquired an interest in someone else's claim, meaning that they also own that interest.
  • Then we'll be in a fight over the interest.
  • is an interest-bearing account, wouldn't you account for the interest?
  • You know, what's the threshold of an interest rate? It has an interest rate, but it's pretty low.
  • They own non-participating royalty interests.
Summary: The committee meeting centered around the discussion of several bills, primarily focusing on environmental and transparency issues related to oil and gas operations. Notably, a bill introduced by Representative Rosenthal (HB5105) aimed to enhance transparency for royalty owners concerning suspension of payments, requiring operators to notify them of any reasons for such suspensions. During the meeting, multiple witnesses testified, emphasizing the necessity of protecting landowners' rights and ensuring responsible management of hazardous waste from oil operations. Additionally, the committee heard about HB4572, which aimed to require landowner consent before the burial of waste on their properties, highlighting the importance of land and groundwater protection amidst growing concerns of contamination from reserve pits used in the oil and gas industry.
TX

Texas 2025 - 89th Regular

Jurisprudence Apr 23rd, 2025

Senate Jurisprudence Committee

Transcript Highlights:
  • They are burdened by a 6% interest rate on arrears.
  • It's high; if I don't pay, then I'll accrue interest at this 12%.
  • look at that and say, "I began to accrue interest; it's 12%.
  • They're more likely to pay off child support, and, more mechanically, the interest rate at which interest
  • Research shows lowering interest rates work.
Summary: The meeting conducted by the Jurisprudence Committee featured significant discussions surrounding several bills focused on improving legal representation for indigent families and reforming the child support system in Texas. Notably, Senate Bill 2501 was presented to enhance access to legal counsel for families involved with the Child Protective Services, allowing them to choose their own attorneys. The bill was well-received with various testimonies supporting its potential positive impact on legal outcomes for families. Additionally, Senate Bill 629 aimed at reducing the interest rates on child support arrears was highlighted, with studies presented that indicated a decrease in non-custodial parents’ debt burden would lead to increased compliance in payments and better support for families.
TX

Texas 2025 - 89th Regular

Business and Commerce Apr 24th, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • Senate Bill 1906 will expand the interest rates allowed for Chapter 342E lenders who extend credit.
  • TCCC members provide fixed interest, fixed-rate, fully amortizing loans with equal payments.
  • However, the interest rates they face are just so high.
  • It's not just an interest rate increase.
  • Are interest rates the only costs that they have? Do you guys charge origination fees?
Summary: The meeting of the Senate Business and Commerce Committee was marked by discussions on several significant bills, with a keen emphasis on legislative updates and committee substitutes. Notably, Senator Blanco presented a new committee substitute for SB2610, which modifies the employee cap from 100 to 250 and extends the update timeline for cyber security programs for small businesses. This substitute was adopted unanimously, reflecting a collaborative agreement among the committee members. Additionally, there were discussions surrounding SB1856 as Senator Crayton provided insights into how stakeholder feedback influenced the bill's committee substitute. The committee ultimately voted in favor, pushing it towards the local and contested calendar, indicating the bill's progression through legislative channels.
TX

Texas 2025 - 89th 2nd C.S.

Senate Session (Part I) Aug 22nd, 2025

Texas Senate Floor Meeting

Transcript Highlights:
  • Communities of interest are...
  • and groups of interest.
  • Would you agree with me that there can be rural communities of interest and urban communities of interest
  • communities of interest?
  • with the rural communities of interest?
Bills: SB2, SB5, SB9, SB7, SB17, SB4, HB4
Summary: The committee meeting primarily focused on the discussion of HB4, which pertains to redistricting. Chairman King emphasized the legal compliance of the proposed map and elaborated on its political advantages, stating that the map improves compactness while benefiting Republican candidates. The meeting saw extensive public testimony, with numerous participants voicing concerns about the map's legality and its implications on minority representation. Representative Smith highlighted that the overwhelming majority of public submissions expressed opposition to the redistricting bill, arguing that it disregards the constituents' voices. Debate ensued regarding the necessity and legality of the changes made, particularly concerning minority districts.
TX

Texas 2025 - 89th Regular

Delivery of Government Efficiency Apr 2nd, 2025 at 10:30 am

House Delivery of Government Efficiency Committee

Transcript Highlights:
  • I appreciate your interest.
  • The public interest perspective.
  • But if I represent the public interest, whether it's a business interest, or a city, or a county, or
  • The public interest. Who? Which public?
  • So again, our statute sets us up to represent the public interest, and that public interest we...
Summary: The meeting centered around the discussion of House Bill 3700, presented by Representative Vaux, which seeks to amend the Texas Labor Code to enhance the regulatory authority for the Texas Workforce Commission (TWC). Representative Vaux highlighted the need for clear statutory authority to prevent fraud, waste, and abuse in all TWC programs, engaging members with an emphasis on the implications of the changes proposed. Public testimony was also invited, allowing various stakeholders to express their views on the bill.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services Apr 23rd, 2025 at 10:04 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • A lot of those states have higher interest rates than what Texas currently has.
  • It's not just an interest rate.
  • We want to make sure that people are paying the lowest interest rates.
  • Are those out-of-state interest rates?
  • And I am testifying in opposition to the bill and the increase in interest rates.
Summary: During the meeting, the committee discussed several important bills focused on state employee pensions, the education sector, and consumer credit resources. One of the main topics was HB886, which proposes a 13th check for state retirees to help alleviate financial challenges faced by those who have not seen any pension adjustments for over a decade. The bill received support from various stakeholders who emphasized its necessity given the rising costs of living and inflation. Additionally, HB3221 was examined, addressing unequal pension contributions between traditional school districts and charter schools, which has placed undue financial burdens on charter schools since 2019. The bill aims to unify the contribution rates to ensure fairness and retain essential funding for education.
US
Transcript Highlights:
  • And security interests.
  • Economic interest.
  • I'm very much interested in that, and I suspect the ranking member is also interested in that.
  • And perhaps they lend themselves to different interests.
  • there, but it is in Israel's immediate interest to see that happen.
Summary: The committee meeting was focused on various key issues, including the implications of recent violence in the Middle East and U.S. foreign policy in relation to Israel and Panama. Members discussed the need for diplomatic efforts between the U.S. and Israeli officials following the recent attack by Hamas. Governor Huckabee emphasized the importance of maintaining a strong U.S.-Israel relationship and reiterated the need for accountability for terrorist organizations involved in violent acts against civilians. Senators shared their concerns regarding the ramifications of U.S. actions in Panama and the presence of Chinese influence, highlighting the significance of the Panama Canal in terms of trade and security.
TX

Texas 2025 - 89th Regular

Finance (Part I) Jan 28th, 2025

Transcript Highlights:
  • Our concern is that interest accrues during that time, and if there's a way or a pathway where if we
  • time period, according to statute, where the state's obligated for that interest.
  • You’ve got the money, and yet we're paying interest.
  • You’ve got the money, and yet we're paying interest.
  • You’ve got the money, and yet we're paying interest.
Summary: The meeting of the committee primarily focused on the Office of the Attorney General, where General Ken Paxton and his staff presented budget recommendations, highlighting a proposed decrease of $163.9 million from the 2024-25 biennium budget. Discussions included essential service funding such as the Crime Victims Compensation Program, which is facing challenges due to revenue shortfalls and increased demand. The committee raised concerns regarding the method of finance swaps that impacted the overall budget, leading to a $38 million cut that the Attorney General’s office deemed an error. Representatives from the LBB were also questioned about the implications of these funding changes.
TX

Texas 2025 - 89th Regular

Judiciary & Civil Jurisprudence Mar 19th, 2025 at 10:30 am

House Judiciary & Civil Jurisprudence Committee

Transcript Highlights:
  • It's essential for a compelling government interest.
  • Because this is going to affect the best interest of the child.
  • State interest, provided that that interest is narrowly tailored
  • to accomplish that compelling interest.
  • That's interesting.
Summary: The meeting of the committee focused on various legislative proposals, with significant discussions surrounding bills aimed at enhancing legal protections for citizens and jury privacy. Notably, House Bill 1110, presented by Chairman Shaheen, addresses safeguards for citizens reporting suspicious activities, ensuring they are protected from legal repercussions when acting in good faith. There was unanimous support for HB 349, which relates to civil liabilities associated with removing individuals from vehicles, illustrating the committee's commitment to providing social protections amid rising concerns around public safety.
TX

Texas 2025 - 89th Regular

Finance (Part I) Jan 28th, 2025

Transcript Highlights:
  • This case settled, I believe, in the spring, and I believe interest has been accruing after a certain
  • time period according to statute, where the State's obligated for that interest.
  • And you mentioned that we're paying interest. What rate of interest are we paying?
  • And we don't think there's interest involved here.
  • Now, if we can resolve this idea that if there’s interest or not, we'll take it offline and do it.
Summary: The meeting focused on the budget recommendations for the Office of the Attorney General (OAG), where key issues included the proposed decrease of $163.9 million for the 2024-25 biennium and various methodology swaps for funding. Attorney General Paxton discussed ongoing litigation expenditures and emphasized the need for continued investments in agency staffing to address rising demands within law enforcement. Notably, he requested a 6% salary increase for 2026 and 2027 to retain talented personnel amidst competitive job markets. Public testimony highlighted community awareness challenges regarding the Landowner's Compensation Program, indicating a need for enhanced outreach efforts.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services Mar 24th, 2025 at 10:03 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • result, interest rates have lowered.
  • It makes the interest savings as...
  • Great interest there, but that, that is a little...
  • loan interest has grown, but the interest that's being paid
  • Interesting. Well...
Summary: The meeting of the committee involved discussions surrounding multiple bills focusing on financial legislation, including crucial developments related to certificates of obligation (COs). Representative Tepper presented HB1453, which aimed to increase voter input regarding local government debt issuance and address growing concerns about financial accountability. The discussions highlighted the recent trends in CO debt, particularly in areas like El Paso, which has seen a dramatic rise in local government debt without direct voter approval. Several members voiced their support and concerns regarding the bill's implications for taxpayer rights and community involvement in financial decision-making.
US
Transcript Highlights:
  • Security interests in the Middle East.
  • Losing Taiwan, Taiwan's fall would be a disaster for American interests.
  • I'd be interested in what sensible policy changes you're interested in.
  • , but it's not an existential interest to us, or it's not essential to us.
  • The core American interest is in denying China regional hegemony.
Summary: The meeting focused on critical defense and security matters, particularly concerning the ongoing geopolitical tensions involving China and Russia. There were discussions surrounding U.S. military readiness, with significant emphasis on the potential threats posed by China in the Indo-Pacific region. Members expressed concerns about America's military capabilities in relation to the growing Chinese fleet and the importance of maintaining strong alliances with nations like Japan, South Korea, and Taiwan. Additionally, the notion of prioritizing the defense industrial base was highlighted, emphasizing the need for effective procurement and modernization efforts to counter adversarial threats. Furthermore, notable commentary included a reference to President Zelensky's remarks regarding peace negotiations with Ukraine, expressing a willingness for further cooperation with the U.S.
TX

Texas 2025 - 89th Regular

Culture, Recreation & Tourism Apr 15th, 2025 at 08:04 am

House Culture, Recreation & Tourism Committee

Transcript Highlights:
  • Um, the interesting thing with aoudad and one of the biggest parts of the problem is they spread the
  • I see that you have a vested interest in this and maybe having a negative effect in your community as
  • Um, the interesting thing with aoudad and one of the biggest parts of the problem is they spread the
  • I see that you have a vested interest in this and maybe having a negative effect in your community as
  • Um, the interesting thing with aoudad and one of the biggest parts of the problem is they spread the
Summary: The meeting convened by Chair Metcalfe was characterized by the passage of multiple bills aimed at designating various regions in Texas for specific cultural or recreational significance, such as HCR 71 establishing LaSalle County as the Wild Hog Capital and HCR 86 naming Denton as the Halloween Capital of Texas. All bills discussed received unanimous support in the committee, signaling a cooperative atmosphere among committee members. Representative Flores brought forth House Bill 3883 which focuses on an important economic tool to spur Texas' competitive edge in hosting major events. The committee's voting process was efficient, as all motions to report the bills favorably passed without any opposition.
TX

Texas 2025 - 89th Regular

Business and Commerce (Part I) Apr 3rd, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • You know, they have an undivided interest.
  • That lives in the property, has an interest in the property.
  • If indeed you paid $600 for an interest in property.
  • You feel like it's an interesting dilemma to watch this.
  • Interesting.
Summary: The meeting of the Senate Business and Commerce Committee primarily focused on legislative issues following Hurricane Beryl, particularly Senate Bill 231, which aims to create a process for CenterPoint to compensate its customers for overcharges related to backup power and mobile generation units. During discussions, Executive Vice President Jason Ryan outlined CenterPoint's commitment to refund approximately $430 million and absorb future costs related to these generators. The bill's substitute also mandates that leased emergency generators be mobile and capable of quick deployment during significant outages, addressing previous concerns over inefficiencies experienced during past weather events.
US
Transcript Highlights:
  • How will you work with their governments to advance America's interests?
  • and stand for America's best interests.
  • ...interest in mind.
  • I'm less interested in the Salvador side; I'm really interested in Mexico.
  • -Japan alliance is a cornerstone of U.S. security interests in the Indo-Pacific.
Summary: The meeting of the committee focused on critical discussions concerning U.S. foreign policy, particularly relationships with Mexico and Japan. Notable attention was given to border security, trade agreements, and implications of drug trafficking. Ambassadorial nominees discussed their strategies to strengthen ties with these nations, emphasizing the importance of cooperation in addressing mutual challenges, particularly concerning security and trade. The committee engaged in extensive dialogue, highlighting the urgency of improving intergovernmental communications to deter drug trafficking and support democratic governance.
US

Us Congress 2025-2026 Regular Session

Hearings to examine certain pending nominations. May 1st, 2025 at 09:30 am

Senate Foreign Relations Committee

Transcript Highlights:
  • and mutual interests.
  • He's committed to advancing U.S. national security interests by deepening the U.S.
  • Walsh, the U.S. and Ireland share important common interests.
  • ...and interests.
  • It seems to me we have to align our economic interests.
Summary: The meeting focused primarily on diplomatic nominations, featuring discussions about the implications of these roles on U.S. foreign policy. Notable was the introduction of nominees for key ambassadorial positions, including ambassadors to the Dominican Republic, France, and the Netherlands. Senator Shaheen emphasized the importance of U.S.-European relations, particularly in light of current global challenges, while other members voiced their concerns regarding the nominees’ qualifications and the impact on bilateral relationships. Public support for these nominations was evident, as was the committee's commitment to fostering stronger connections with allied nations, particularly in addressing security and trade issues.
TX

Texas 2025 - 89th Regular

S/C on Family & Fiduciary Relationships Apr 22nd, 2025 at 02:04 pm

House S/C on Family & Fiduciary Relationships

Transcript Highlights:
  • I think that's a very interesting question.
  • I believe that this legislation is in the best interest of donors.
  • Is that in the best interest of the child, not to take a compelling state's interest?
  • So the state has an interest.
  • And I've been hitting on a compelling state interest.
Summary: During the meeting of the committee, several key bills were debated, most notably HB3281, which addresses the grounds for terminating parental rights. The discussion revolved around significant concerns presented by various members regarding the language change in the bill that requires serious bodily injury for termination, a shift that many find troubling. Witnesses also testified, with some advocating for amendments to ensure child safety, emphasizing the importance of a balanced approach without unintended consequences. Additionally, HB4696 was introduced, focused on improving access to protective orders through remote testimony, further engaging committee members and experts on the necessity of such reforms for survivors of domestic violence.
TX

Texas 2025 - 89th Regular

S/C on Family & Fiduciary Relationships Mar 31st, 2025 at 02:03 pm

House S/C on Family & Fiduciary Relationships

Transcript Highlights:
  • I mean, the interest that's accumulated, I know that part would go to the child.
  • pay the money, then you owe interest on it.
  • I feel we need to ensure that the child's best interests are prioritized in these situations.
  • So, interest would be a part of it.
  • When a court uses this as a best interest analysis

Summary: The meeting of the committee involved discussions on several bills aimed at improving the legal framework surrounding child support and guardianship. Notably, Representative Swanson presented HB3311, which seeks to prioritize unpaid child support claims over secured debt obligations during probate proceedings. This bill aims to ensure that children receive the financial support they need promptly, especially after losing a parent. Testimonies from various stakeholders emphasized the importance of addressing child support obligations to prevent financial hardships for grieving families. Additionally, HB3376 was discussed, which mandates ongoing education for guardians regarding Alzheimer’s disease and related disorders, reflecting the need for better support for vulnerable individuals.
TX

Texas 2025 - 89th Regular

Natural Resources Mar 26th, 2025 at 08:00 am

House Natural Resources Committee

Transcript Highlights:
  • advances the state interest in regionalization.
  • It balances the interests of consumers and the financial viability of utilities.
  • Interest rates.
  • No, I would say the public interest is the limit.
  • of the utility are met with the interests of the rate-paying public.
Summary: The recent meeting of the Natural Resources Committee covered significant discussions primarily focused on various water-related bills, notably HB685, HB1918, HB2601, and HB2608. Representative Wally introduced HB1918, which seeks to limit water rate increases for Class A utilities to a maximum of 20% every 36 months. The bill is in response to alarming reports from constituents who experienced drastic increases in their water bills, leading to concerns about financial sustainability for residents on fixed incomes. Supporters emphasized the need for better regulations to protect consumers, while opponents argued that the bill could dissuade necessary investments in utility infrastructure, jeopardizing service quality. Public testimony was a vital component, with various stakeholders expressing both support and opposition to the proposals under discussion.

Research Filters

States
Terms / Sessions
Date Range
Chamber Records
Meetings / Events / Calendars