H.648 (Act 142)

An act relating to banking, insurance, and securities

Sponsors: Rep. Michael Marcotte, Rep. Edye Graning , Rep. David Bosch, Rep. Emily Carris Duncan, Rep. Abbey Duke, Rep. Anthony Micklus, Rep. Herb Olson, Rep. Monique Priestley, Rep. Kirk White

Last Recorded Action: 5/29/2026 - House message: Governor approved bill on June 16, 2026

Committee Activity - Meeting Full List

Regular Session 2025-2026

Thursday, January 15, 2026
Committee(s):
House Committee on Commerce and Economic Development
9:05 AM

H.648 - An act relating to banking, insurance, and securities

Walk-through and Testimony with a break from 10:15 - 10:30 a.m.

Amanda Smith, Deputy Commissioner of Securities, Department of Financial Regulation
Jennifer Rood, Staff Attorney, Department of Financial Regulation
Aaron Ferenc, Deputy Commissioner of Banking, Department of Financial Regulation
Joe Valenti, Director of Policy, Department of Financial Regulation
Maria Royle, Legislative Counsel, Office of Legislative Counsel
1:10 PM

H.648 - An act relating to banking, insurance, and securities

Continued Walk-through and Testimony

Maria Royle, Legislative Counsel, Office of Legislative Counsel
James Feehan, Government Relations Director, Primmer Piper Eggleston & Cramer PC
Chris D'Elia, President, Vermont Bankers' Association
Carrie Allen, President, Association of Vermont Credit Unions

Friday, January 16, 2026
Committee(s):
House Committee on Commerce and Economic Development
-

H.648 - An act relating to banking, insurance, and securities

Mark-up and Vote

Maria Royle, Legislative Counsel, Office of Legislative Counsel

Wednesday, January 21, 2026
Committee(s):
House Committee on Ways and Means
3:45 PM

H.648 - An act relating to banking, insurance, and securities

vote

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office
Chris D'Elia, President, Vermont Bankers' Association

Tuesday, January 27, 2026
Committee(s):
House Committee on Appropriations
9:35 AM

H.648 - An act relating to banking, insurance, and securities

Walk-through and vote

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office

Thursday, January 29, 2026
Committee(s):
House Committee on Commerce and Economic Development
2:15 PM

H.648 - An act relating to banking, insurance, and securities

Walk-through of House Floor Amendment

Maria Royle, Legislative Counsel, Office of Legislative Counsel
2:45 PM

H.648 - An act relating to banking, insurance, and securities

Testimony and Straw-poll Vote

Joe Valenti, Director of Policy, Department of Financial Regulation

Tuesday, April 7, 2026
Committee(s):
Senate Committee on Finance
1:30 PM

H.648 - An act relating to banking, insurance, and securities

Walk-through

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Kaj Samsom, Commissioner, Department of Financial Regulation
Aaron Ferenc, Deputy Commissioner of Banking, Department of Financial Regulation
Noel Hudson, Director of Insurance Regulation
Jennifer Rood, Staff Attorney, Department of Financial Regulation
Joe Valenti, Director of Policy, Department of Financial Regulation

Wednesday, April 15, 2026
Committee(s):
Senate Committee on Finance
3:25 PM

H.648 - An act relating to banking, insurance, and securities

Joe Valenti, Director of Policy, Department of Financial Regulation
Amanda Smith, Deputy Commissioner of Securities, Department of Financial Regulation
Sarah Heim, Securities Director of Examinations and Enforcement, Department of Financial Regulation
Diane Sherman, Assistant General Counsel, Department of Financial Regulation
Chris D'Elia, President, Vermont Bankers' Association
Geoff Hesslink, The Business Bank
Carrie Allen, President, Association of Vermont Credit Unions

Tuesday, April 21, 2026
Committee(s):
Senate Committee on Finance
3:15 PM

H.648 - An act relating to banking, insurance, and securities

Amendment walk-through

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Joe Valenti, Director of Policy, Department of Financial Regulation
-

H.648 - An act relating to banking, insurance, and securities

Vote


Friday, April 24, 2026
Committee(s):
Senate Committee on Appropriations
12:30 PM

H.648 - An act relating to banking, insurance, and securities

Walk-through and Vote

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office

Thursday, May 7, 2026
Committee(s):
House Committee on Commerce and Economic Development
9:05 AM

H.648 - An act relating to banking, insurance, and securities

Aaron Ferenc, Deputy Commissioner of Banking, Department of Financial Regulation
Chris Delia, President, Vermont Bankers' Association
Colin Hilliard, Associate State Director - Advocacy and Outreach, AARP VT
Heather Shouldice, President, William Shouldice & Associates LLC

Tuesday, May 12, 2026
Committee(s):
House Committee on Commerce and Economic Development
9:05 AM

H.648 - An act relating to banking, insurance, and securities

Maria Royle, Legislative Counsel, Office of Legislative Counsel
1:05 PM

H.648 - An act relating to banking, insurance, and securities

Amendment Discussion

Christopher Curtis, Director, Consumer Assistance Program, Vermont Attorney General's Office
Larry Lipka, Senior Vice President, General Counsel, CoinFlip
2:05 PM

H.648 - An act relating to banking, insurance, and securities

Continued Discussion

Ari Fishman, Business Owner
Ethan McLaughlin, Assistant General Counsel, Department of Financial Regulation
Joe Valenti, Director of Policy, Department of Financial Regulation
3:25 PM

H.648 - An act relating to banking, insurance, and securities

Continued Discussion

Larry Lipka, Senior Vice President, General Counsel, CoinFlip

Thursday, May 14, 2026
Committee(s):
House Committee on Ways and Means
9:40 AM

H.648 - An act relating to banking, insurance, and securities

Olson Amendment

Rep. Herb Olson, Sponsor of the Amendment, Addison-4
Maria Royle, Legislative Counsel, Office of Legislative Counsel
Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office
Joe Valenti, Director of Policy, Department of Financial Regulation
Colin Hilliard, Associate State Director - Advocacy and Outreach, AARP VT

Tuesday, May 19, 2026
Committee(s):
Senate Committee on Finance
3:00 PM

H.648 - An act relating to banking, insurance, and securities

Review of House Proposals of Amendment

Maria Royle, Legislative Counsel, Office of Legislative Counsel
Patrick Titterton, Senior Fiscal Analyst, Joint Fiscal Office

Wednesday, May 20, 2026
Committee(s):
Senate Committee on Finance
-

H.648 - An act relating to banking, insurance, and securities

House Proposals of Amendment Vote