Video & Transcript DataContr Research : 'financing statement'

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TX

Texas 2025 - 89th Regular

Trade, Workforce & Economic Development May 7th, 2025 at 08:05 am

House Trade, Workforce & Economic Development Committee

Transcript Highlights:
  • This relates to the filing of a fraudulent financing statement that's relative to certain secured transactions
  • The financial statement system is vital for the extension of credit to consumers and businesses.
  • In fact, we've been financing the backstop for the group self-insurance guarantee fund since it was created
Summary: The Committee on Trade, Workforce and Economic Development convened to discuss a range of bills addressing workforce policies, business practices, and data privacy issues. A highlight was the presentation of HB5146, aimed at expanding subsidized childcare eligibility to include parents pursuing non-credit workforce training, which drew significant support from both committee members and witnesses. Additionally, SB2121 was introduced to rectify clerical errors within the data broker law, ensuring better consumer protections around the collection and use of personal data. Various other bills saw quick passages with unanimous support, reflecting broad agreement among members regarding workforce development and operational efficiency.
TX

Texas 2025 - 89th Regular

Elections Apr 24th, 2025 at 10:04 am

House Elections Committee

Transcript Highlights:
  • You have to sign a sworn statement.
  • And I wouldn't have to sign a sworn statement; the person experiencing that would sign a sworn statement
  • Right, it's a sworn statement.

  • These statements suggest that the low number of prosecutions is problematic.
  • And then it says, please read all three statements to affirm before signing.
Summary: The meeting focused primarily on HB5337, which aimed to implement stricter voter identification requirements in Texas. During the session, various stakeholders, including members of the public, expressed their concerns regarding the potential disenfranchisement of eligible voters, particularly among older citizens and tribal populations. Critics of the bill highlighted that many Texan citizens might not possess the necessary documentation to comply with the new requirements, resulting in unintended consequences at the polls. Notably, representatives raised questions about the practicality of enforcing these regulations without negatively impacting voter turnout, especially for vulnerable demographics.
TX

Texas 2025 - 89th Regular

Higher Education Apr 29th, 2025 at 08:04 am

House Higher Education Committee

Transcript Highlights:
  • that issue by requiring students and employees of public institutions of higher education to sign a statement
  • Everything is just fine as long as they sign a statement, and then they swear that they're not an agent
  • So what happens if they sign the statement and then it's determined that they are acting as a foreign
  • And then the statement, the foreign agent, which there's several definitions of foreign agent state-wise
  • There's a written statement I'll just submit to the record and summarize a few points.
Summary: The committee meeting led by Chair Wilson focused on higher education legislation, notably addressing bills related to tuition fee exemptions, financial assistance for students, and combating fentanyl abuse on campuses. Significant discussions revolved around HB1527, which proposes fee exemptions for peace officers at public institutions, and HB3062, aimed at implementing educational initiatives to raise awareness of fentanyl dangers among students. Several representatives expressed support for these measures, citing the crucial need for educational programs to combat substance abuse and provide equitable access to education.
TX

Texas 2025 - 89th Regular

Higher Education Apr 29th, 2025 at 08:04 am

House Higher Education Committee

Transcript Highlights:
  • issue is by requiring students and employees of public institutions of higher education to sign a statement
  • Everything is just as fine as long as they sign a statement, and then they swear that they're not an
  • So what happens if they sign the statement and then it's determined that they are acting as a foreign
  • And then the statement, the foreign agent, which there are several definitions of foreign agent state-wise
  • There's a written statement I'll just submit to the record and summarize a few key points.
Summary: The meeting primarily focused on various House Bills related to higher education and public safety, with notable discussions surrounding House Bill 1234 concerning credentialing at public institutions. Representative Perez highlighted the importance of this bill in ensuring that institutions encourage the earning of credentials of value. Additionally, the committee reviewed House Bill 1233 and House Bill 1527, both of which received favorable recommendations for passage, showcasing a commitment to enhancing educational opportunities for specific groups, including peace officers. The discussions were lively, with support and challenges presented on various bills, indicating a thorough examination of proposed legislation.
TX

Texas 2025 - 89th Regular

Higher Education Apr 29th, 2025 at 10:04 am

House Higher Education Committee

Transcript Highlights:
  • With support from Noriega's HB 1403, I earned my bachelor's in business administration and finance and
  • marker="928" data-time="5562"> A master's degree in business administration with a concentration in finance
  • Thanks to the Texas Dream Act, I was able to earn my finance degree.
  • I'm not an expert on the state's finances, so I wouldn't
  • Is this a statement?

    Yes, ma'am.

Summary: The meeting revolved around discussions on House Bill 232, which seeks to amend the Texas Dream Act regarding in-state tuition for undocumented students. Key testimonies were presented, with numerous advocates opposing the bill, arguing it would harm talented Texas youths by denying them affordable education opportunities. Speakers included community leaders and affected students who shared personal stories illustrating the bill's potential drawbacks, emphasizing the negative economic impact that could result from limiting access to education for Dreamers and the associated societal benefits. The committee also explored House Bill 5154, which updates the Joint Admission Medical Program to improve access for economically disadvantaged students, receiving positive feedback and support from committee members.
TX

Texas 2025 - 89th Regular

Business and Commerce (Part II) May 1st, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • The purpose of it is to deal with the issue of forced financing.
  • finance companies, banks, and credit unions.
  • available, including customers that show up with their own financing.
  • And then you go down there, of course, they'll want to finance it for you.
  • Then you find out your finance rate was 10% or 12%.
Summary: The committee meeting focused heavily on the discussion surrounding HB149, an act aimed at establishing a comprehensive framework for the regulation of artificial intelligence (AI) in Texas. The bill seeks to ensure that AI technologies are developed and deployed in a manner that is both innovative and responsible, addressing potential harms while protecting individual rights and privacy. Chairman Schwartner led the conversations, emphasizing the importance of balancing regulatory measures with the need for technological advancement. Several stakeholders, including legal experts and industry representatives, provided testimony in support of the bill, praising its potential to position Texas as a leader in AI governance. Public testimony reflected a mixture of support and caution, with some witnesses advocating for greater accountability and regulatory oversight to mitigate risks associated with AI systems.
TX

Texas 2025 - 89th Regular

Business and Commerce (Part I) May 1st, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • They talked her into financing this dog, so now her...
  • or merchant cash advances as financing tools.
  • or practices in connection with commercial sales-based financing.
  • , a sales-based financing provider.
  • Sales-based financing involves a...
Summary: In the recent meeting of the Senate Committee on Business and Commerce, multiple significant bills were discussed, with House Bill 912 and Senate Bill 1003 receiving favorable recommendations for further consideration. Senator Zaffirini played a pivotal role in moving several bills through the committee process, including Senate Bill 748, which also received support with a unanimous vote. Public testimonies were taken for various bills, notably SB 2113, which focuses on improving legislative access to information, fostering a more transparent government. The committee's discussions were marked by an emphasis on good governance and the importance of legislative oversight.
TX

Texas 2025 - 89th Regular

Elections Apr 30th, 2025 at 10:04 am

House Elections Committee

Transcript Highlights:
  • I would say any candidate has to do financial statements

  • , and so their filing fees will be on those financial statements.
  • bill, we're not changing filing fees, so we know that can happen through checking and financial statements
Summary: The meeting of the committee focused primarily on discussions surrounding HB4309, aimed at allowing third parties to handle filing fees similarly to major political parties. Witnesses from the Libertarian Party, including Wes Benedict, expressed the need for equitable treatment in political financing, highlighting how fees imposed on them currently do not assist their party in any meaningful way like they do for Republicans and Democrats. Concerns were raised regarding the lack of accountability for fees collected from third parties, with committee members discussing potential oversight mechanisms.
TX

Texas 2025 - 89th Regular

Trade, Workforce & Economic Development Mar 26th, 2025 at 08:00 am

House Trade, Workforce & Economic Development Committee

Transcript Highlights:
  • Recently, GCA has been approached by industries to help provide additional conduit financing support
  • ...financing, which is the authority GCA gained last session
  • Okay, and those would be tax-free, or it depends on the type of financing.
  • This statement really can't stand alone, so it must have some clarifying standard that's detailed in
  • Is that a failed statement?
Summary: The meeting addressed several key pieces of legislation, with significant focus on bills related to property owners' associations and the Texas Workforce Commission's training programs. Representative Harris-Navila presented HB517, which aims to allow property owners' associations to impose fines for discolored vegetation during watering restrictions. The committee adopted a community substitute for this bill before moving it forward with a recommendation for passage. Meanwhile, HB2791, highlighted by Chairwoman Button, focusses on vocational rehabilitation programs for individuals with disabilities, with provisions that require efficient operation to avoid lapses in service.
TX

Texas 2025 - 89th Regular

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

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • Although COs are oftentimes used to finance public infrastructure.
  • And that occurs fairly often in terms of the hospital district financing?
  • finance corporations. Yes, sir.
  • So, my inquiry is what other financing vehicles are available?
  • And they don't want to lose control of their finances.
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.
TX

Texas 2025 - 89th Regular

Economic Development Apr 23rd, 2025

Senate Economic Development Committee

Transcript Highlights:
  • > Local government often takes advantage of taxpayers by using financing
  • The legislature authorized Corpus Christi to create a project financing
  • The project financing zone only includes 21 hotels, and it's expected to generate $122 million over a
  • testify, obviously, on Senate Bill 1250, and as the Senator indicated, we want to modify the project financing
  • Legislation that could have long-term effects on the financing
Summary: The meeting was marked by an extensive discussion of several bills aimed at enhancing Texas' economic landscape and infrastructure. Notably, SB2925 focused on modernizing the state's manufacturing sector by promoting automation and digital technology, which received strong support from industry representatives, emphasizing its potential job growth impact. Public testimonies reflected a consensus on the need for Texas to lead in innovation to remain competitive in the manufacturing arena. Furthermore, SB1520, which seeks to create the Texas Bicentennial Trail, also garnered significant support, particularly for its vision of connecting historical sites across Texas without resorting to private property condemnation. The committee faced a good turnout of stakeholders, which added depth to the discussions.
TX

Texas 2025 - 89th Regular

Business and Commerce Apr 15th, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • statements.
  • Courts can issue orders preventing wrongful termination and reinstate valid financing statements as needed
  • Any person can file a UCC financing statement against another person without prior consent.
  • Therefore, the financing statement system relies on the good faith of the parties using it, making it
  • and others by filing baseless UCC financing statements against
Summary: The meeting of the Senate Committee featured extensive discussions centered around numerous bills, with a particular focus on Senate Bill 1705 concerning virtual currency kiosks. During this discussion, members expressed concerns regarding the potential for fraud and the need for regulation surrounding cryptocurrency exchanges. Testimonies from law enforcement emphasized the increase in fraud cases associated with these kiosks, leading to a consensus on the need for consumer protection measures. The committee favorably reported several other bills with unanimous votes, showcasing a collaborative effort amongst senators to address various legislative concerns effectively.
TX

Texas 2025 - 89th Regular

Business and Commerce Mar 18th, 2025

Senate Business & Commerce Committee

Transcript Highlights:
  • It was reported out of Senate Finance late in the session
  • I wanted to make just a couple of statements and not be redundant.
  • that shows what rate you're paying, your interest rate, how much you're actually financing, and the
  • cost of your financing before closing.
  • So, Senator Menéndez talked about the truth in lending statement.
Summary: The committee meeting was marked by a series of discussions regarding several bills aimed at improving local regulations, particularly around food service operations. Members discussed the challenges of regulatory inconsistencies affecting restaurants and the food industry, emphasizing how Senate Bill 1008 could alleviate some financial burdens. Various stakeholders, including representatives from the Texas Restaurant Association, testified in support of this bill, highlighting the need for clearer and more predictable regulations. The discussions included provisions that would cap local permit fees, preventing duplicate charges that hinder small businesses' operations. Notably, there was strong bipartisan support demonstrated as numerous bills were reported favorably with unanimous votes.
TX

Texas 2025 - 89th Regular

Intergovernmental Affairs Apr 1st, 2025 at 08:00 am

House Intergovernmental Affairs Committee

Transcript Highlights:
  • You're messing with finance-related aspects in all of this.
  • /span>

    The current law states that if you're gonna do a finance

  • sale, it's worded funky, but if you're gonna do a finance sale...
  • On cash or finance sales, it doesn't matter. You have an absolute right of three days...
  • But we've internalized that in Texas for every sale, cash or finance, so that's kind of that backstop
Summary: HB2464, presented by Representative Heffner, seeks to reduce unnecessary local regulations on home-based businesses, supporting Texans' abilities to operate no-impact businesses from their residences. The discussions highlighted the balance between enabling entrepreneurship and ensuring community standards are upheld, along with concerns regarding potential impacts on existing zoning laws. The meeting concluded with a call for more clarification and a focus on ensuring the bill protects local interests while promoting small business growth.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025 at 09:04 am

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • Mortgage loans in amounts set by the finance code or the finance
  • But that is completely more consumer financing versus what you call business financing, correct?
  • Our members provide revenue-based financing. Many of our members also provide additional financing.
  • statement.
  • statement.
Summary: The meeting involved extensive discussions around several house bills, with notable emphasis on HB700, which aims to increase transparency in the merchant cash advance (MCA) sector. Representative McQueen provided a detailed explanation of the issues small business owners face due to aggressive tactics and lack of regulation in this area. The committee also examined HB4609, which focuses on updating the Texas Municipal Retirement System (TMRS) benefits to provide clearer options for cities regarding cost-of-living adjustments (COLA), allowing cities to offer retirement benefits in a more flexible and informed manner. Additionally, the meeting featured a strong public testimony segment, where witnesses voiced their support and concerns, especially regarding the implications of digital currencies framed in HB703.
TX

Texas 2025 - 89th Regular

Pensions, Investments & Financial Services Apr 14th, 2025 at 02:04 pm

House Pensions, Investments & Financial Services Committee

Transcript Highlights:
  • It simply states that each month, the bank is required to list on the consumer statement how much was
  • When a small merchant receives 30,000 lines of data in their monthly statement, that is neither clear
  • I'm going to try to quickly correct the record on several statements that were made this morning.
  • P&L statement or what you had to reserve for loan losses
  • Including them on consumer monthly billing statements would only create confusion and chaos.
Summary: The meeting exhibited a heated discussion on the implications of House Bills 4124, 4061, and 40. Chairman Darby emphasized the importance of reducing credit card swipe fees that adversely affect small businesses in Texas, presenting HB 4124, which aims to exempt sales tax and gratuities from being subject to these fees. Various witnesses, including representatives from the Texas Retailers Association and the National Restaurant Association, supported HB 4124, arguing that it would alleviate financial burdens on local businesses and promote economic fairness. However, several opposing voices raised concerns regarding potential complications and regulatory hurdles that could complicate the business landscape further.
TX

Texas 2025 - 89th Regular

Natural Resources Apr 9th, 2025 at 08:00 am

House Natural Resources Committee

Transcript Highlights:
  • leadership on water issues, including water… Infrastructure financing
Summary: The meeting of the committee was primarily focused on water management and infrastructure issues, highlighted by discussions surrounding several bills intended to address water supply and flood control. Representative Kitzman presented HB1535, which aims to extend the sunset review date for the Trinity River Authority, ensuring continued governance and operational improvements. Furthermore, HB3915 was introduced as a multi-purpose flood mitigation measure, offering solutions to the severe water scarcity in the region, particularly following recent catastrophic flooding events that emphasized the urgent need for improved water management. Public commentary reflected a strong interest in flood mitigation strategies, especially given the impacts of climate change and rapid population growth in the area.
TX

Texas 2025 - 89th Regular

Natural Resources Apr 9th, 2025 at 10:30 am

House Natural Resources Committee

Transcript Highlights:
  • Under the current 30 to 40 year financing terms, the limitations to access the open market mean that
  • To access open market financing for up to 50 years and
  • the Texas Water Development Board financing of up to 40 years, up from the standard 30-year repayment
  • By opening up avenues in which locals can better meet their financing needs, Texans will have a more
  • Villalobos, I would ask on that financing bill to make sure that we could refinance.
Summary: The Committee on Natural Resources convened to discuss two key pieces of legislation, HB2867 and HB2876, focusing on late fees associated with water and sewer services in Texas. Representative Gates laid out HB2867, highlighting the financial implications of payment deadlines and fees that disproportionately affect low-income households. He emphasized the need for limits on late payment fees to protect these vulnerable consumers from potentially abusive practices. A committee substitute was proposed to clarify some ambiguous language within the bill, aiming to promote fairness and transparency for customers. This led to a robust discussion among members and stakeholders present at the meeting, including testimony from representatives of municipal utilities who raised concerns about local control over fee structures.
TX

Texas 2025 - 89th Regular

Judiciary & Civil Jurisprudence Apr 2nd, 2025 at 10:30 am

House Judiciary & Civil Jurisprudence Committee

Transcript Highlights:
  • But if not, there’s still the patient’s statement.
  • They submit a statement of inability to afford the cost, so the county takes on the cost of filing it
  • I'm sorry, going back to that, are statements not

  • , I mean, parents of children or those that are receiving vaccines, I mean, vaccine information statements
  • I think the statement you made was categorical as to all
Summary: The committee meeting encompassed a wide range of discussions focusing heavily on various bills aimed at enhancing community safety and legal procedures. Notably, House Bill 2176 was introduced by Chairman Harless as a cleanup bill that seeks to improve courtroom safety. This drew significant attention as witnesses, including Holly Williamson from the Justices of the Peace and Constables Association, testified regarding the alarming increase in security incidents reported in Texas courts, emphasizing the need for reinforced court security measures. The concerns raised about the safety of judges, court personnel, and the public during court proceedings highlighted the gravity of the situation and the necessity for legislative action.
TX

Texas 2025 - 89th Regular

Judiciary & Civil Jurisprudence Apr 2nd, 2025 at 08:00 am

House Judiciary & Civil Jurisprudence Committee

Transcript Highlights:
  • the Chief Justice to convene a special three-judge district court for challenges related to the finances
Summary: The Committee on Judiciary and Civil Justice held a meeting focusing on several legislative bills that address implicit bias in the judicial system. A major highlight was House Bill 1363, which seeks to implement mandatory bias training for judges to ensure fairer judicial outcomes and enhance public trust in the system. This discussion included testimony from various stakeholders who articulated the significance of addressing unconscious biases that could affect judicial decisions. There was considerable debate about the effectiveness and required duration of the training, with suggestions for extending the training frequency from two years to annually to ensure continual awareness and education amongst judges.

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