House Regulated Industries Committee, February 2, 2026

Transcript

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1. 0:19:18

   That's what I understand. Hey, Dale.

2. 0:19:31

   Good afternoon, ladies and gentlemen.

3. 0:19:35

   It's a rare day. We have Chairman Martin with us today.

4. 0:19:38

   What a merry moment.

5. 0:19:43

   All right.

6. 0:19:45

   Colleague Martin.

7. 0:19:50

   We always need Georgia Bulldogs to help Persians get a bill through.

8. 0:19:57

   All right. I call this meeting to order. Uh, this is the first meeting of the second half of the biennial of the Regulated Industries. Uh, we've just got a couple of small issues in front of us today. Uh, and I can assure you we'll have more. I understand we had several bills sent to us today, and I'll be looking those over. Uh, we have, since the last year, we've lost two of our committee members, um, and we've had one that has been appointed, and she's kind of excited, but she must not be excited enough because she's not here.

9. 0:20:34

   And, um, but I'll introduce her when she comes. Uh, first up, Chairman Bonner.

10. 0:20:41

    We have House Bill 632, and I believe this bill is pretty simple because this was a bill that came through this committee last year. Is that correct?

11. 0:20:52

    Yes, Mr. Chairman. It, we, uh, it came to the committee. We never, we did not have time to get a hearing-

12. 0:20:58

    Uh huh

13. 0:20:58

    ... uh, 'cause it was submitted so late, so.

14. 0:21:00

    All right. If you would, have at it.

15. 0:21:02

    Well, thank you. So, uh, first of all, this is my first time before your committee, Mr. Chairman. I'm telling you, I, I didn't realize you had such heavy hitters here. Uh, I'll try to use small words- ... uh, Representative Williams.

16. 0:21:13

    It's too late.

17. 0:21:13

    And we'll, and, and we'll get through this. But I appreciate the opportunity to present the bill. Uh, this is an important bill for our veteran community. This was brought to us by our Department of Veteran Services, and it's related to the occupational tax, um, that our disabled veterans are exempt from. Uh, what the bill seeks to do, and I'll let, uh, Commissioner Patricia Ross go into some of the details, but, uh, essentially what the bill is intended to do is to clear up some of the ambiguity, uh, related to, uh, this exemption for our disabled veterans, uh, to make it uniform across the state of Georgia so that every disabled veteran that is entitled to this benefit, uh, receives that from their local community.

18. 0:21:54

    Uh, and with that, Mr. Chairman, I'll turn it over to Commissioner Ross to go through some details.

19. 0:21:59

    Thank you, and it's also my first time in front of this committee, so I'm very glad to be here with y'all this afternoon. Uh, the main thing, per Chairman Bonner's comments, is this was an ambiguous bill. Uh, there was some language that actually caused some confusion, where we had some probate court judges, uh, ruling in favor of the veteran to get that occupational, uh, that occupational waiver for their small, disabled-owned business, uh, waived when, in fact, some probate court judges were saying that they were not eligible.

20. 0:22:32

    And it specifically centers around line 34. So basically, what the bill says is you're an individual that is considered disabled 10% or higher, uh, based on the VA's definition or a physician's statement, can be, uh, can get an exemption from occupational taxes, the administrative fees or regulatory fees, if they have a small business. But line 34 says, um, "Such that he or she is not liable for the payment of state income taxes." And that actually caused some confusion because of course our small business owners do also have to pay income tax.

21. 0:23:13

    And the fact that they do have to pay income tax, those probate court judges were not actually awarding them the exemption for the occupational taxes. So we clarified that. Um, in addition, if you jump up on the page, line 20, we actually termed, uh, the war or arm- armed conflict. We just linked that back to US Code. That way when, you know, the global war on terror ends, we don't have to go back and adjust, uh, Georgia Code. We're aligned with federal statute.

22. 0:23:44

    Um, the only, the other big change specifically other than the periods of war was in line 55. And the reason we changed that, it did say that, that, uh, the veteran of peacetime service shall furnish proof that he or she has a physical disability to the extent of 25%. Well, the VA does not actually do partial percentages. They only do it in multiples of 10. So if you have a 25% disability, the VA would give you a 30% rating.

23. 0:24:17

    So we changed that to 30. And then the last thing we tried to do, this gets to be very confusing with our veterans who are trying to get this occupational tax waiver, is what is the process? They come to us, we verify their service, we verify their disability. They then take that certificate s- from us to the probate court judge, and then we provide that certification that they have all of their documentation correct for them to then provide that to their county tax commissioner. And so that basically is what the change in line 69 and then down 77 through 79 require them to do.

24. 0:24:55

    That just makes it, uh, very streamlined and understandable for our veterans, who, like I said, are often confused as well as the folks that process these documents.

25. 0:25:06

    Any questions? Very good, Commissioner. You did that pretty well. You have some questions. Chairman Martin. Yes, ma'am. This is, this is a friendly question, I hope. Um- Yes, sir ... so what we're really trying to do is, is, is extend them the benefits that we always meant them to get. Yes, sir. Okay. The second thing I would, would like to ask is you mentioned the, the, the trouble in, in getting this with the VA. I think we all, most of us in this room, and I'm sure you do know the, the, the gentleman that stands at the head of that organization right now.

26. 0:25:41

    And, and in the fall, um, up in Washington, DC, I had the occasion to be with him, as did some o- the other members here, and he, he offered, in many cases, if we had ideas to make things better for our veterans, um, for us to bring them to him. So I'm going to challenge us and, and ask you to, uh, if you have a way working with, uh, Chairman Bonner there to, to make this simpler on our veterans. Uh, let, let's get that up there to the secretary, because I know, uh, for one thing, we're having people that are having issues in, in the Department of Labor, um, to, to get approved for some, some benefits that come out of the National Department of Labor, and I know we're working with that.

27. 0:26:22

    Our new, um, Secretary of Labor here, uh, in Georgia is working with that. So I appreciate your work on this, and wholeheartedly, uh, we'll, we'll stand ready to help, um, you to make it easier for our veterans to get the benefits that we all mean them to have. Thank you. Well, appreciate that. You know, just to, just again, um, this, this falls squarely within what the State of Georgia can do in this process, and this will, this will have an immediate impact, uh, because this applies to, to veterans that already have this disability rating.

28. 0:26:53

    And so this will be able to be implemented, uh, you know, upon signature and get that process going. All right. Mr. Williams. Thank you, Mr. Chairman. I think Chairman Bonner straightened out most of what I was going to say. I think he did. But I do want to remind us that the director of VA in Washington, unfortunately, much of what he does, the interpretation is changed at the local level.

29. 0:27:26

    I've seen good stuff come out of Washington, and you don't even recognize it when you walk in and ask about it. That has not changed in, like, 20 years. Looks like somebody in the chain is intent on making it as difficult as possible for a veteran to get anything. And I, I, I wish the Director, uh, Collins, all the luck. I've seen some good things, but you don't even recognize them by the time they get down to, like, the Hinesville clinic. Well, I'll tell you, the, um, you know, our Georgia Department of Veterans Services is oftentimes, uh, probably 99% of the time- Mm ...

30. 0:28:00

    the first contact that a veteran- Sure ... has when they go to obtain their benefits. And so we're very fortunate here in Georgia to have some, uh, some great offices, great individuals that are working for the department that, that really take those veterans in and try to help them, uh, navigate the system, as it were. I think this is, uh, kind of, is a testament to that. Uh, the, the department and the commissioner identified an issue that was confusing and needed clarity and, and immediately put in a plan to correct that in a way that will, again, solve this problem across the State of Georgia.

31. 0:28:32

    They verify their disability. They get a, a form from the state. They take that to the probate judge, and, and that's the proof that they need to get this benefit. One follow-up, Mr. Chairman. You're exactly right in you have a great organization. You all do a great job. Unfortunately, in areas like where I live, which is where everybody's a veteran or married to one, there are so many people in the business of getting benefits and taking their piece off the top. A lot of times they don't get...

32. 0:29:03

    Your service is free. I got folk lined up selling services every day, and with the gu- "I guarantee you 60%. I guarantee you 70%." And veterans are paying for a free service, but it's very difficult to overcome the selling jobs that these quacks, excuse the expression, lay on our veterans, and they are in huge numbers. Well, uh, fortunately, uh, we do have a bill that will address just that, and we look forward. It's sitting in the Senate right now.

33. 0:29:34

    Got any timetable on it?

34. 0:29:39

    Are you finished, uh- Um, I'll think of something in a while. I know you will. Number 24. Who would that be? Carpenter. Chairman Carpenter. Just, just real quick. I find it hard to believe that... Or not hard to believe. Surprising that we have probate judges in the State of Georgia that would push back on this stuff. So if it's possible offline, I don't want to do it in front of the whole world to see, but I'd love to see a, a list of some problem areas that you've been having so we can have some conversations, because I think we've been pretty supportive of the probate judges.

35. 0:30:14

    And for them to be pushing back on such a small issue that's so big for some people that have, you know, protected this country, it's disgusting. Well, I, I think the, the, the bigger challenge is, is we just, we did not have a standardized process. So in some ways we were... I mean, you know, no, no offense to my attorney friends, but when you ask three to, three attorneys the same question, oftentimes get three different answers, right? And so, um, what we... Unfortunately, what we as the legislature did was created some ambiguity, I think, in the legislation initially that, that caused that, you know, that possibility for a probate judge to misinterpret or, or to, to not interpret, you know, properly.

36. 0:30:57

    So, uh, I think this clears it up. We're not necessarily picking on any particular, you know, probate judges, but we're just making sure that it's standard across the board.

37. 0:31:08

    I do, I see, I don't see any other questions.

38. 0:31:13

    Ah, wait a minute, I saw one flickering over here. Chairman Dubnik.

39. 0:31:17

    Well, Mr. Chairman, at the appropriate time.

40. 0:31:20

    This would be the appropriate time.

41. 0:31:21

    Well, Mr. Chairman, I'd just like the record to show that Reverend Williams has made disparaging comments about my fine constituent, uh, Secretary Collins. But, uh, with that, Mr. Chairman, I, I move that House Bill 632 do pass.

42. 0:31:36

    Second.

43. 0:31:36

    Very good. We have a motion, and we have a second. Now, as a footnote to that comment about Reverend Williams, well, I'm talking about Representative Williams, you know, if anybody has any concerns about any ambiguity dealing with veterans, all they need to do is ask me after the meeting, and I'll show you a picture of Al Williams when he returned from Vietnam when he was down on the coast at a gathering, and you will then understand why some people have some, uh, doubts about some of our veterans.

44. 0:32:05

    I was five then. Why?

45. 0:32:09

    But, uh, do we have anyone that wishes to make a comment? Anybody in the audience? If not, we have a motion and a second.

46. 0:32:21

    If not, all in favor say, "I."

47. 0:32:25

    I.

48. 0:32:25

    Opposed. And the ayes have it.

49. 0:32:27

    Thank you.

50. 0:32:27

    Commissioner, as a footnote, I want to thank you for being here. I didn't know who our Commissioner of Veterans Affairs was. You know, we actually had a VA office up in Hartwell-

51. 0:32:37

    Mm-hmm

52. 0:32:37

    ... until y'all closed it when Michael Parthlow... You might remember Michael.

53. 0:32:41

    I do.

54. 0:32:41

    Great guy. Worst thing ever happened to me was when he re- retired. And I don't even know where I need to go now for any assistance. But if you'll be kind enough to leave your contact information with Jan over here-

55. 0:32:58

    Yes, sir, I will

56. 0:32:58

    ... I'll know who to come to, 'cause I got a face I can put to the name now.

57. 0:33:03

    Yes, sir.

58. 0:33:04

    And I want to thank you so much for being here. Josh, thank you.

59. 0:33:07

    Thank you, Mr. Chairman.

60. 0:33:08

    Thank you so much for this bill.

61. 0:33:12

    Good bill. Good bill. I want to just take a pause for a second to the n- to the committee members. We have a new committee member with us today,

62. 0:33:26

    even though she chose to be late to come in. But, uh, but it's also nice to see she's wearing her committee pin, which, uh, I see several of our members wearing their pins, and the ones who don't lost points today. But, uh, we welcome you to this committee, and you'll probably understand when you see some of the bills that we handle, there's a reason that we have a lightning bolt through the Capitol as our... 'Cause we handle a lot of different issues across the spectrum of legislation, and you're welcome to be here.

63. 0:33:58

    Thank you.

64. 0:33:58

    I look forward to working with you. All right, we have in front of us House Bill 504. If you-

65. 0:34:05

    Well, what I said about before she got here, I'll tell y'all flat, this is strictly cannot be advertised.

66. 0:34:16

    Strictly cannot. What are we talking about?

67. 0:34:19

    I would also put you on fair warning about Al Williams, if you don't already know.

68. 0:34:24

    I've been on notice.

69. 0:34:27

    Yes. And everybody needs to wave at Jan over there, the most important member of this committee that's not elected, Jan Brown.

70. 0:34:41

    And if anybody can talk her out of retiring at the end of the session, I'd appreciate it.

71. 0:34:49

    Mr. Monahan, I have in front of us a substitute to House Bill 504, LC394837S. Is that correct?

72. 0:35:00

    That's correct, Mr. Chairman.

73. 0:35:01

    That's what you're working from.

74. 0:35:02

    Okay.

75. 0:35:02

    All right, have at it.

76. 0:35:04

    Well, uh, good afternoon, Mr. Chairman, uh, members of the Regulated Industries Committee. Uh, thank y'all for taking the time out of your day to hear House Bill 504. Um, so House Bill 504 is about vehicle value protection agreements, uh, allowing these in the State of Georgia, they'd be available to Georgia consumers, like almost every one of our neighboring states. Uh, House Bill 504 passed out of the subcommittee and unanimously, uh, out of the full committee of Regulated Industries in the last legislative session.

77. 0:35:37

    Uh, there were some questions that we had from a few members, and we wanted to address those, and we have done so, uh, in the interim. There's one minor change to the bill on line 50 to 52, which strengthened consumer protections around the disclosure requirements. So in sum total, House Bill 504 regulates vehicle value protection products which are optional and not required, requires clear consumer disclosures, guarantees a 30-day cancellation window, requires real financial backing, so claims actually get paid to the consumer, and gives the Office of Consumer Protections enforcement power over these products.

78. 0:36:17

    With that, Mr. Chairman, I yield for questions. I also have Travis with me today, who can answer some of the nuts and bolts if this committee has any further questions. Thank you.

79. 0:36:30

    All right. Questions from the committee. Number 26.

80. 0:36:34

    That would be me, Mr. Chairman. Thank you very much.

81. 0:36:36

    Yes, sir.

82. 0:36:37

    Uh, to, to my friend, can you tell us where is the clamor?

83. 0:36:48

    The, the do what?

84. 0:36:50

    You stumped him.

85. 0:36:51

    Well, uh, what, what I'm asking you for is certainly there arose some circumstance that, that, that caused you to bring this bill. We in the olden days called that the clamor.

86. 0:37:04

    I- I'd be happy to answer that, Representative.

87. 0:37:06

    Well, yeah, go, go right ahead. I'll say, uh, what was the clamor for me is that we wanna give consumers more options when it comes to these kind of financial products, but I'm gonna let the expert speak as well.

88. 0:37:19

    Thank you. We- we-

89. 0:37:19

    Yeah, come on.

90. 0:37:21

    Right. Well, but thank you, Chair. Uh, appreciate the opportunity to be here. My name is Travis Moore. I am General Counsel for, uh, three different trade associations, the Service Contract Industry Council, Motor Vehicle Protection Product Association, and the Guaranteed Asset Protection Alliance. What all of those, uh, come together to mean is really all of the voluntary protection products that you might purchase in the F&I office-

91. 0:37:44

    Mm-hmm

92. 0:37:44

    ... at a dealership. Um, today I'm here on behalf of the Guaranteed Asset Protection Alliance, or GAP Alliance. Uh, our member companies offer vehicle financial protection products, primarily being a GAP waiver, which you might be familiar with. This is a product that waives the deficiency balance between an amount owed on a vehicle and what an insurer pays out in the event of a total loss or unrecovered theft. Uh, while GAP is incredibly valuable for a lot of consumers, over the years there's been an evolution in the industry in terms of coming up with products that meet consumers where they're at.

93. 0:38:21

    Uh, and depending on where and how a consumer is situated, there are other ways to protect their investment in the vehicle. That's what this bill is about. Uh, Georgia actually adopted GAP's model legislation for the offering of GAP waivers over a decade ago. Uh, we only developed this model legislation around vehicle value protection agreements in the last five years. So what we're seeking to do is to codify model legislation for our member companies so that there are clear rules of the road for how these products can be offered and how consumers are protected.

94. 0:38:55

    So when you ask about, you know, where's the clamor, and we hear this a lot, this is an evolving market. And so it's really an area where people have realized that GAP is fantastic if you're underwater on your vehicle. But you might put, you know, five, $10,000 down on a vehicle, and that puts you in a situation where you might have a total loss or unrecovered theft in the first six months to a year, uh, and your insurance payout covers your loan. But with depreciation and the rate at which cars lose value these days, that might be all it does.

95. 0:39:29

    And so your five, $10,000 that you put down as equity in that vehicle is essentially lost. These products help make sure that when you go to get back in that replacement vehicle, you're in a sim- similar equity position. And so this is just another way to give consumers peace of mind when getting into a motor vehicle, uh, that they're not gonna lose that important investment. And again, it's, it's, GAP does that, but only as it pertains to the finance agreement and for consumers that are underwater. This does it for everyone.

96. 0:40:01

    Okay.

97. 0:40:04

    Okay. May I follow, Mr. Chairman?

98. 0:40:09

    Please.

99. 0:40:09

    If, if, if the insurance payout, which is generally based on what it would cost to purchase another vehicle like that one, like mileage, that sort of thing. If they do that and put you back in the same type vehicle that was totaled, and you really haven't lost it, you're still underwater. You were before, but you have another vehicle just like that one. W- Uh, talk about that a little bit.

100. 0:40:36

     Well, it depends. The, the payout is actual cash value oftentimes of the vehicle at the time of loss, which is not gonna be the amount that you paid for that vehicle. And I think most people realize when you roll a car off the lot, it loses a significant amount of value. And so there's at least, particularly in the first few years, a period of time where your investment in that vehicle does not match what an insurer is gonna pay out.

101. 0:40:59

     Yeah, but-

102. 0:40:59

     That's what

103. 0:40:59

     ... but isn't it true that what they pay you, you're able to buy another vehicle just like that one for the amount of money they pay you?

104. 0:41:07

     There's no guarantee that it's gonna be, get you into the brand new or exact same vehicle. I mean, it, ideally it should, uh, but the reality is that the payouts oftentimes, one, maybe it would get you close or gets you to a point where you can afford it, but you don't have the same equity in that vehicle 'cause you're not putting that $10,000 down because your insurer did not pay out $10,000 on top of what it would take to get into the vehicle.

105. 0:41:30

     But, but, but what I'm saying to you, the way we determine how much we pay you is what it would cost you to go buy another vehicle like the one that was totaled. Plus, I would point out there are some insurance companies that will sell you that coverage so it actually replaces that, that vehicle. Uh, ev- I'm, I'm not saying that does not make your product valuable because I think in many cases there are people particularly that buy the, the lower end vehicles that, that probably don't have that kind of insurance coverage.

106. 0:42:05

     I'm, I- I was just pointing out what you're doing there, other things happening in the market that are much like that.

107. 0:42:11

     There are insurance riders in some situations that do something similar to this product. And obviously if that were, if you had that with your insurance, you wouldn't wanna, you wouldn't necessarily be interested in this product. And I would point out that that is part of the consumer disclosures that are contained within this bill. Check your insurance for whatever coverages you currently have. You don't wanna purchase any duplicative coverage. We're not trying to sell duplicative coverage. So it does depend. This is about choice. This is about consumers and different, again, differently situated. For some individuals, it won't be the right fit.

108. 0:42:43

     For others, GAP might be a better fit. And for others, perhaps their insurance carrier does offer s- a similar product.

109. 0:42:49

     Chairman, I, I'll say just to, just to add on to what he's saying, I actually bought a package of four vehicles, uh, for my commercial business, for my fleet. Uh, my financial institution, who does not normally, you know, create some...

110. 0:43:05

     You know, loans for these type. They don't do individual personal consumer, uh, auto loans, but they will for a company which they regularly engage in business. They don't offer GAP or any of these types of products. Uh, my insurance company did not sell these kinds of products. This would give me an option, uh, in that way. So you think about all you folks who have fleet vehicles, this could be a, a huge benefit to them, especially with the amount of mileage that goes on them. Thank you.

111. 0:43:34

     Has your clamor been, uh, relieved now? To some extent. Chairman Jaspers. Thank you, Mr. Chairman. Chairman Momtahan, I just had a few questions, I guess, along the consumer protection of, of this, is what you're trying to do also. But, like, how many companies offer, you know, maybe your expert witness answers this, would qualify to be able to offer this type of insurance? How many companies would qualify? Yeah. Is there more than one?

112. 0:44:04

     Oh, absolutely. Yes. Yeah. Um, most of our big GAP providers are also looking at, or have started offering similar products. So, you know, Gulf States, I mean, Ally. I mean, we have most of the major players in the vehicle financial protection area. They will- are all going to qualify to offer these if they want to. There's a desire to have clear legal requirements around this before jumping into what they might see as a gray area, 'cause there, maybe there's an insurance product. That's what this sets the stage for.

113. 0:44:36

     So right now, it's a smaller number of companies that are offering the products, while we as a trade go and try to pass more of these laws in the states. That will build acceptance, and I think you'll see all of the major players offering products in this vein. Okay. Mr. Chairman, is, is this generally a product sold for new vehicles, or new or used? What's this- New or used. It, it's not specific to one or the other. And I guess also had in here, is this cost, is it added to the loan value, or do you pay it in installments or a one-time fee?

114. 0:45:10

     You can roll it into the financing of the vehicle- Mm-hmm ... which is the most common way to do it. You don't have to. Does it have its own interest rate adjoined with it? It would be part of the finance. If you, if you chose to roll it in, it would be the same as the loan agreement. Okay. And I, I guess I didn't see when I kind of glanced through this, the timing of claims paid. Is there a time clock of when you make a claim in this world and how quick they have to pay the claim?

115. 0:45:42

     So there is a insurance cut-through provision. If you have CLIP insurance, typically it's 60 days, where you could go to the financial backing company and force them to get the payment out. Um, so- I don't know that acronym you used. Uh, contract liability insurance policy. So the bill requires financial, a, a way of ensuring that the, that this gets paid. To your point, um, pretty ubiquitous usage is what's ca- called a contract liability insurance policy. That way there's actually a licensed insurer behind the product.

116. 0:46:14

     If for some reason the company does not pay out, you can go directly to that provider of that contract liability insurance policy and get paid through them. But i- ideally, they're making the payment before then, usually coordinating with the dealer. Okay. Thank you, Mr. Chairman. Representative McCollum. Thank you, Mr. Chairman. I had a few questions. I know, uh, it's been a while since we heard this, and last year, uh, um, th- there was a few changes.

117. 0:46:46

     I think they were, uh, apparently good changes. Um, so this is sold through the F&I office at, at a dealer, correct? Correct. Yeah. And then so say for instance, just walk me through, if I go buy a vehicle at a, at a dealer, pay $15,000 for the car, pay 5,000 down, and, and I wreck it, do I have to go back to that same dealer? I think that was one of the changes we made. Or is that w- One of the changes was to make sure that, that, i- if that is the case, that that is clearly disclosed.

118. 0:47:17

     That is not a requirement of the product generally. Some companies choose to work with dealers to essentially structure it as a dealer loyalty type program, where you're, you would go back to that dealer. We just wanted to add language in here to make sure that is explicitly disclosed if that is the case, but I want to be clear, that is not a requirement of these products. So the, in the legislation, is that, th- that can be in the... It, it just has to be clearly told that if I buy the car, two weeks later I wreck it, I paid 5,000 down, I, I potentially could have to go back to that dealer to get my $5,000, correct?

119. 0:47:56

     Right. Okay. And then, um, so what were the changes? I know that was potentially one of them, if I'm not mistaken. Uh, what were the other... I hate to put you on the spot, uh, Representative, but Yeah. But- I, I think that's it. Yeah, so on lines 50, 51 to 52, uh, under subsection C, where it says, "The conditions imposed by the vehicle value protection agreement, including, but not limited to," in the new section being, "any requirement that the consumer return to the dealer where the vehicle, uh, was purchased to obtain a benefit, if applicable." So that has to deal with the disclosures, kind of- Okay ...

120. 0:48:38

     is that what you're talking about, that question? Yeah, that was the one that I had heartburn last year about. Mm-hmm. That, that was you had to go back to that specific dealer. Yeah. We took that into account, and we've made those edits here. Okay. Yeah. All right. And then that was the only, uh, really the main change. Is that correct? Yes. Yes. Okay. Um, that's it. Thank you, Mr. Chairman. Thank you. Thank you. Let's see. Chairman Carpenter. Do, do these, do these policies, uh, address the...

121. 0:49:08

     I can imagine there's a TMAC problem when you buy a car and you pay the sales tax

122. 0:49:14

     And then you have to go buy another car.

123. 0:49:16

     I don't think your microphone's on there.

124. 0:49:17

     Yeah, sorry.

125. 0:49:18

     Okay.

126. 0:49:19

     I'm, uh, I'm, I'm pretty wound up. Um, so do, do, do these, do these address the tax issues that, the implications that come from taxation when you have to go out and buy a new car and you lose that, um, sales tax that you've paid?

127. 0:49:33

     Uh, I've not seen a product targeting the sales tax issue, but the way this is structured is to really allow for some creativity in the types of products that could be offered. So if there were an opportunity to create a product that helped with the sales tax situation, in theory they likely could. This is an opportunity to purchase something that provides a benefit in the event of an adverse event.

128. 0:50:00

     Sure. So I mean, I, I know that the financing piece, nine times out of 10, is rolled into it, so it all works itself out. But if you're cash paying and you want this coverage, you're, you're gonna lose that TBAT money 'cause there's no way to, I don't think, in code to, to, to get your money back on the sales tax on the car you just totaled. So you're gonna be getting hit again on the second purchase. So I'm wondering if

129. 0:50:24

     Mm-hmm

130. 0:50:24

     ... anyway, just, just a thought. Just a thought.

131. 0:50:26

     Well-

132. 0:50:26

     If you wanna put some language in there about, um, allowing coverage to extend up to the... if you wanna, if you wanna lay it out that far in the, in the code, that you did it, it could extend-

133. 0:50:37

     Yeah

134. 0:50:37

     ... up to that coverage of TBAT.

135. 0:50:40

     And to clarify, that is, that's the mechanic of current, that's operation of current law now. So if I wrecked a car today and I paid cash for it, I still wouldn't be able to get that. But you're saying maybe try to work these into these products.

136. 0:50:52

     Correct.

137. 0:50:53

     Okay. That's a great idea. Yeah.

138. 0:50:54

     It, it'd be establishing an upward bound on this along the way to make sure that you include that TBAT into the upward bound of the total policy.

139. 0:51:02

     I don't know that the bill restricts those. And if a company-

140. 0:51:05

     Yeah

141. 0:51:05

     ... wanted to, they could certainly structure it that way.

142. 0:51:08

     Yeah.

143. 0:51:09

     They could, they can include the ta- if they wanted to include the tax, I mean, they could. They could be really at the consumer if they wanted to pay for the additional coverages, you know?

144. 0:51:17

     Yeah, yeah.

145. 0:51:18

     Yeah.

146. 0:51:18

     And then one other thing is if it happens, if you, if I, if I buy a car in Georgia, I buy your policy, I move to Alabama, God forbid, I don't know why It, it, the, the... am I still able to collect and all that stuff? Does it, does it cross lines?

147. 0:51:32

     So all the companies that I know that offer it will honor it if you moved, even if it is a d- dealer loyalty program. So again, it's not in here. They're designed to ideally drive you back to the dealer, but we understand people move and things change. So I think last year you had an individual here from a company that offers these products.

148. 0:51:52

     Mm-hmm.

149. 0:51:52

     And she's repeatedly told me, "We will honor the commitment if they have moved and there's, it's not reasonable for them to return to that dealer." Now, that's not in the, the bill itself. Um, but I think that I'd like to thank all of our member companies, and again, with the way this is structured, not to mention all of the attention around dealerships and dealer practices and selling products of value, um, that that would be honored in that scenario.

150. 0:52:21

     Finished?

151. 0:52:22

     Yes, sir. Thanks.

152. 0:52:23

     Representative Ridley.

153. 0:52:25

     All right. Um, yeah, that... Well, back to what he was saying, I mean, you could do it, you could do it the total purchase price, including the taxes whenever you do do these products, correct?

154. 0:52:35

     Yeah. Yes.

155. 0:52:35

     So, and I guess, um, just to kind of clarify, 'cause I know some people's got confused on this thing. Uh, when you got a gap insurance, that, it means that you basically upside down your car, you owe more for it than the bank, and so they'll cover that, that additional amount if you do total out the car.

156. 0:52:51

     Right.

157. 0:52:51

     These products are more, are set ups or for like a five-year-old truck that's got 80,000 miles on it. I paid $10,000 down. I still owe 30 on it. The truck's still worth 35 or 40, right? But a few months down the road, I go over 100,000. Well, now that truck's not worth that because I've crossed that 100,000 mile mark and it drops down in value. And this right here would cover me, myself, if s- if I did wreck the truck, then I'd be able to go buy another truck that's five years old with 80,000 miles. That's, that's the whole design.

158. 0:53:22

     And like y'all said, it's gonna be, the dealers are gonna sell it, um, in finance offices rolled in with the price, just like a warranty or, or anything else would be. Correct?

159. 0:53:32

     That's correct.

160. 0:53:33

     Okay. Thank you.

161. 0:53:35

     All right. Williams? Oh, I'm sorry. Representative Williams.

162. 0:53:43

     Thank you, Mr. Chairman. Thank you for some of the corrections you made based on the bill you presented last year. My question is, is I'm not familiar with this at all, but are there deductibles when you file a claim?

163. 0:53:59

     On de- no, not on these products.

164. 0:54:02

     Okay. All right. Thank you.

165. 0:54:11

     Chairman Martin.

166. 0:54:13

     Um, thank you, Mr. Chairman. Um, to the, to the author or the gentleman with you, um, I'm gonna ask this question again. This is not new from even last year. I just wanna be clear on it.

167. 0:54:21

     Yeah.

168. 0:54:21

     So we're, we're, w- the change in the bill is that you have to notify the purchaser of, of the policy. I mean, we're not calling the, the warranty policy, what are we calling it? Is it a-

169. 0:54:34

     The vehicle value protection agreement.

170. 0:54:36

     The, the, the purchaser of the vehicle value protection plan. You're have, you're, you're notifying them if they're captive to come back to the, the individual. But we're not prohibiting that.

171. 0:54:48

     That is correct.

172. 0:54:49

     Okay. And, and that, that's a step, step forward. Right? It is, it is not true. I believe that's a step forward. But, but I, again, wanna ask, if we're trying to provide the ability of people to buy this vehicle protection plan, why is it... And we're trying to do this for the consumer, right? We're not trying to do it for the dealers. I think I've heard both of you say that. Is it not best for the consumer to buy the vehicle protection plan and be able to shop wherever they want if something goes wrong with the vehicle? Is that not true?

173. 0:55:22

     I'm not disagreeing with that. Okay. So in, in, in the free market America, I'm going back to what the Representative other D- McCollum said, is, i- if you... Is it not true that if you... If I buy this plan from you, and I even eyes wide open know I have to go back to the person from whom I bought it, do you think I'm gonna get a good deal if they know I gotta buy from them or get nothing? Um, the, the dealership loyalty is intended for dealers who want to build a relationship over a long period of time with their customers.

174. 0:55:53

     I would, I would like to think that the dealer would take that into consideration. I, um, is this not true? I would like to think the dealer would earn that without putting handcuffs on this vehicle protection plan. And, and that is why I, I appreciate what you guys are trying to do. And you have made a step, but I still, um, have reservations. And, and the last part of this question, Mr. Chairman, I won't belay the point. It's just my stance, and the others can vote their conscience. But if it is important to offer this, and you believe it is, and it is important to offer this for the consumer, and you believe it is, then I suggest that the product be offered without tying them to a particular dealer in order to make it the best possible product for the people in Georgia that buy it.

175. 0:56:40

     Thank you, Mr. Chairman. Thank you, Mr. Chairman. Representative McCollum. So I'm gonna kind of follow up on that. So let me just make sure I understand this again. So you potentially could go in and buy a vehicle and, and have this policy. And would they offer two policies? Would they offer, or the dealer, hypothet- hypothetically, would they offer a policy that says, "You have to come back to here," or we have this policy that says, "You can use this anywhere"?

176. 0:57:12

     And I guess my question is, if that's the case, or if they only offer one, that's fine, but I have reservations about if... And I would like to see it in, in, in the language in the bill. If you offer the policy that says that you only have to come back to that dealer, I would like to see some kind of state form or, you know, because we have those when you close on a vehicle, that you have to, they have to say, "Okay, this is what this is," and you'll sign it saying you have to come back to this dealer.

177. 0:57:46

     So I don't know. I- is it possible that you could offer both? Um, obviously, if the one you come back to the dealer maybe is a little bit cheaper. Um, and, but I would like to see in the language, and I mean, if we need, if we can make an amendment, that's fine or whatever, that says that, that, you know, some kind of state form. I know we have those. We have, we don't have a car dealer here. Um, that you have to sign something, um, to that, to that effect. Like, you know, you have to go through...

178. 0:58:16

     There's several s- several things. We have any bankers in here? It's... No? Anyway. Anyway. Does that make sense? If I may respond, Mr. Chairman. Might I add, just a reminder, these are optional. So right now, these products are banned. Uh, they will not be foisted upon anybody unwillingly or I think the term handcuffed has been used. The handcuff is not being able to buy these products today.

179. 0:58:51

     The handcuff is that consumers, much like myself, who buy four... I buy four or five vehicles a year, probably more than the average buyer per se, and I wouldn't go to another dealer anyways. I buy my vehicles from the same dealer. For that customer, this policy with or without isn't gonna make a difference. But I think if we spend a lot of time today worried about the personal choices of consumers, of whom have plenty of consumer protections, I would have to ask, you know, at some point we're gonna have to trust the consumer to make those, uh, decisions on the, in their best interest.

180. 0:59:35

     I wish that we had these products when I bought those four vehicles. And I was very thankful that, uh, my financial institution would just bundle those, and we could get those car loans done that way. But that was not offered to me at this time. And so it would make sense with maybe a vehicle in which you put high mileage, uh, which our, our business certainly does, that these would give me some equity protection in my vehicle. So with that, Mr.

181. 1:00:05

     Chairman, I just wanted to add that. I, I, I don't want us to miss the, the, the aspect of gap insurance still gonna be available, typically through your insurance and through your, through your, uh, financial in- institution. All your credit unions are gonna offer that, and you're welcome to purchase those, those products today. This is a optional product. No one's handcuffing you to. If it makes sense for you and your family, and that working family here in the state of Georgia.

182. 1:00:36

     Can I respond, Mr. Chairman? You certainly may. Your mic is still live. So, um, I think it's a good product. I'm not disputing that at all. I think it's a, it's a good option if you, if you don't have a lot of money, but you put money down and you don't lose your money. My only fear is, is I just want something to be signed in the F&I office, 'cause I've, I used to be in the car business and I know how it goes when you're in there, to just re- you know, just says, "You have to come back to this dealer." That's all I'm saying. So they know they don't have a gotcha once they sell it, they wreck the car two weeks later.

183. 1:01:10

     That's all I'm asking. I'm in the middle of that. It has to be disclosed in the product. They don't have to sign next to it. Well, that's, that's the difference. It's, you know, I told you that, but you don't have any proof of it. I understand. Do we have any of the other members that want to weigh in on Mr. McCollum's ideas? Nope.

184. 1:01:33

     Well, I don't see another flashing light up here.

185. 1:01:38

     All right. If not, if no one else, if no other committee has any other further questions-

186. 1:01:46

     Make a motion

187. 1:01:47

     ... We have, we have a motion. Do we have a second?

188. 1:01:50

     Second.

189. 1:01:51

     We have a second. Do we have any further discussion? Any amendments? Any comments?

190. 1:01:59

     I, I, I'd like to make a motion on the floor. I'd love to change. I'm sorry, Mr. Chairman. Under discussion.

191. 1:02:10

     Go right ahead.

192. 1:02:11

     Yeah, I understand. I'm sorry, Mr. Chairman, I didn't mean to go outside. Um, I, I would ideally like to be able to support the gentleman's measure, and I, I think if we, um, made it clear at, at minimum what, uh, Representative McCollum was doing to, to have them sign off on it, they have made a step toward disclosing it, sign off on it. Um, I'd, I personally would prefer a, an option where they had to offer a generic one, and they could offer one with even more favorable pricing if you come back to me. But, um, I'm not prepared to, to make that amendment today.

193. 1:02:45

     I don't have the language for that, so I'd love-

194. 1:02:48

     Uh, we have leg counsel sitting right over here to our left, to my left, if anybody wants to, uh, make an attempt at an amendment.

195. 1:02:59

     If Nick can

196. 1:03:06

     I think if we do it right, Mr. Chairman, I think we'd, we'd take the day.

197. 1:03:08

     Nick, can Nick get up and do that now? What are you talking about?

198. 1:03:14

     I think-

199. 1:03:14

     By the way, I failed to introduce our new counsel this year. Ben, wave it, put your hand up there and wave at everybody. Sharp young man.

200. 1:03:25

     Yeah.

201. 1:03:29

     I'll tell you what, why don't we take about a three-minute break and see if y'all can, uh, talk to counsel over there for that.

202. 1:03:37

     Mr. Chairman, while they talk to counsel, can I introduce somebody to this committee?

203. 1:03:42

     It just depends. Are they a, are they a naturalized citizen or are they from Iran?

204. 1:03:46

     No, they are, Mr. Chairman. They're from... They actually, uh... He's actually part Finnish, actually. But this is my intern right here. His name is Michael. He's doing a great job. This is his first committee meeting, Mr. Chairman, ever.

205. 1:03:59

     Did you say he was what?

206. 1:04:00

     Uh, Finnish, I believe. Is that right?

207. 1:04:02

     Yeah, I'm about Finnish with this outfit, too.

208. 1:04:06

     But this is his first committee meeting, Mr. Chairman. He's excited to be here and learn all about this process. Thank you.

209. 1:04:10

     And young man, where do you go to school at? Uh, North Paulding High School.

210. 1:04:14

     There you go.

211. 1:04:15

     I'm sorry, where? North Paulding. North Paulding? Yes, sir.

212. 1:04:18

     You know him really good, don't you?

213. 1:04:19

     And have you already been put on, uh, put on your alerts about the guy that you're working for this time? Quite a few times. Quite a few times. Very good. Glad to hear that. All right.

214. 1:04:36

     Chairman Martin, do you want to, do you want to caucus with them over there so we can move this along a little faster?

215. 1:04:42

     Can you take the library, our new colleague, and then

216. 1:04:46

     You can take her if you wish, but I've enjoy- But I, quite frankly, I'm enjoying-

217. 1:04:51

     I thought we, I thought we kept attorneys off this committee.

218. 1:04:53

     I've just, quite frankly, I'm just enjoy watching her reaction to this committee since this is her first time being here.

219. 1:05:00

     Thank you.

220. 1:05:06

     So foot, committee member, you're fixing to find out what makes Regulated Injuries- Industry such a desired committee to be on.

221. 1:05:16

     Really?

222. 1:09:00

     All right, guys. Do y'all have, do y'all have your amendment in order?

223. 1:09:07

     Do y'all have the amendment in order?

224. 1:09:15

     Well, I say you've got about three more minutes, but if not, we'll delay the bill, and I don't think the author wants to delay his bill.

225. 1:09:26

     I'm sorry, what?

226. 1:09:26

     So then I

227. 1:09:31

     Let's see

228. 1:09:35

     That's the thing.

229. 1:09:39

     This right here is the-

230. 1:09:40

     I cannot get the right one.

231. 1:09:43

     But let's just say it's later on in our

232. 1:09:44

     That amount. Then I don't know my

233. 1:09:54

     So they said my thing. They said they

234. 1:10:00

     would give you something. But I can go to the window and-

235. 1:10:02

     This is, that's, that's, this is what I hear.

236. 1:10:04

     No, that's not. That's not what you did.

237. 1:10:04

     That's what David wants to be in.

238. 1:10:05

     I don't know.

239. 1:10:06

     Travel time. With his job pay. That's, that's the easiest way to say it. Yeah. Okay. Awesome. That's it.

240. 1:10:08

     Sometimes you want gross. We're just, we're just, if y'all just put medicine.

241. 1:10:17

     I have no idea. I'm not in medicine. I don't have a name.

242. 1:10:21

     Usually.

243. 1:10:23

     I'm going to get my football signed. That's all I'm going to do.

244. 1:10:29

     We got it. Yeah.

245. 1:10:32

     I'm going to get my football signed.

246. 1:10:41

     All right.

247. 1:10:42

     Let me call this meeting back to order.

248. 1:10:46

     I'm going to try to get it. I'm going to try to warm you on this.

249. 1:10:51

     Over here, sir.

250. 1:10:55

     All right. Get it sometime.

251. 1:10:57

     All right. Everybody have a seat. All right. This the reason I, this is the reason we, uh, should've dealt a little bit more in the subcommittee on this one, but Mr. McCollum.

252. 1:11:11

     Sir, I'd like to offer amendment.

253. 1:11:13

     All right. What is your amendment?

254. 1:11:15

     He's gonna read it for us.

255. 1:11:19

     All right.

256. 1:11:24

     The amendment will be to add following applicable on line 52, comma, such term shall only be enforceable if it was agreed separately on a signed form laying out only such condition.

257. 1:11:43

     All right. If you would repeat that on line 52.

258. 1:11:47

     52, following if applicable, comma, such term shall only be enforceable if it was agreed separately on a signed form laying out only such condition.

259. 1:12:05

     Well.

260. 1:12:07

     That applies only to the condition of the returning to the-

261. 1:12:15

     That doesn't-

262. 1:12:21

     Freshman Draper.

263. 1:12:23

     Oh.

264. 1:12:26

     I don't believe that language addresses the chairman's issue of giving somebody the option to have the coverage still be rel- eli- eligible for coverage if they move out of state.

265. 1:12:36

     No, it's not.

266. 1:12:37

     Right. So.

267. 1:12:39

     Out of state?

268. 1:12:40

     I think, I, I, I think this is-

269. 1:12:43

     To a buyer

270. 1:12:43

     ... I think this is to address, uh, Representative McCollum's issue that, uh, they want a disclosure.

271. 1:12:48

     Your issue, sir.

272. 1:12:49

     Yeah. It-

273. 1:12:50

     I, I think at the end of the day, you know, these products are not eligible in this state.

274. 1:12:56

     Yeah.

275. 1:12:56

     And so the discussion that we're having is-

276. 1:12:59

     Yeah

277. 1:12:59

     ... we want the, we want folks to have the option, we want it to be disclosed, and we want them to be able to sign on that. That, that seems to be the position of this committee today. And while we may not be able to, uh, you know, resolve all questions, I think for the majority, this has been resolved. We thank y'all for your work. Thank you. All right. That's one. Did Chairman Martin have, uh, another issue he wanted to deal with?

278. 1:13:28

     Well, Mr. Chairman, that d- doesn't, um, deal with the issue that I was concerned about, them having to go back to the dealer, but in, in consultation with Mr. Huntington. That, that's a bit too complicated to do on the fly this afternoon, so we're, we're gonna have to do that as the bill moves forward, not do that at all, do that in rules. If, if it's the chair's wish to move the bill today-

279. 1:13:47

     Or we could actually leave something for the Senate to do

280. 1:13:50

     ... yes, sir, you, you, you could do that. Yes, sir. I'm, I'm unable to support the bill as it is, but I'll go with the will of the committee and the chair.

281. 1:13:56

     You say you are willing to-

282. 1:13:57

     I am not willing to support the bill as it is, but, um, that's just one person. So I'd like to get aligned with the man, but I can get the opportunity. I understand. It's not my, my first year down here. I understand things go through a process, Mr. Chairman.

283. 1:14:10

     I understand. All right. Let's see.

284. 1:14:17

     In number 24, that would be Representative Carpenter again?

285. 1:14:20

     Yeah, I don't, I didn't read it that far in.

286. 1:14:22

     No? All right. Representative McCollum.

287. 1:14:26

     So th- this obviously just addresses h- this product. So I mean, I'm fine with the product. I think it's, you know, if it's, you know, you can't have both, but at least the consumer knows this is the product, you have to come back to this dealer. That's all I was really concerned about. Uh, if the dealer offers both, that's fine. If they don't, that's fine. So that's, that's pretty much where I was at.

288. 1:14:47

     All right. We have an amendment in front of us as read. Do I have a motion on the amendment?

289. 1:14:54

     Motion.

290. 1:14:54

     We have a motion. Do we have a second?

291. 1:14:59

     Second.

292. 1:15:00

     We have a motion. Do we have a second?

293. 1:15:02

     Second.

294. 1:15:02

     We have a second. Any further discussion? Any comments? If not, all in favor of the amendment say aye.

295. 1:15:13

     Aye.

296. 1:15:13

     Opposed? Very good. Do we have any further amendments? And I state that because I have a concern that if there's something that's left undone, we usually try to perfect the bill in this committee, uh, because the worst thing is for this bill to go to rules and then it come back to the committee. Uh, so that being said, Mr. Williams, I see your light flashing.

297. 1:15:39

     Yes, sir. Mr. Chairman, in light of what you just said, I agree with you wholeheartedly in your proven wisdom. I move that we table this for further work

298. 1:15:51

     All right.

299. 1:15:53

     Yeah, if I put mobile barbershops in, it'll go through like grease, trust me.

300. 1:15:57

     Well, Chairman Martin, if we, if this bill is laid on the table till the next meeting-

301. 1:16:04

     Yes, sir

302. 1:16:04

     ... do you think you would have some language prepared? Could you work with the author of this bill and get to whatever language-

303. 1:16:12

     Yes, sir. I mean-

304. 1:16:12

     ... to make you feel good about life?

305. 1:16:16

     Well, yes. Yes, sir, I'm, I'm not gonna be, um ... I'll be honest with you, I'm not sure we're gonna come to a, a conclusion, but I would get, uh, the amendment for this committee to consider and go with the will of the committee. Um, I, I would get that language prepared for the chair and let the chair direct me as if it would be a substitute or an amendment. So yes, sir, I'd, I'd work on that for you.

306. 1:16:39

     All right. That being said, we have a motion that we table this bill. I would prefer to suspend action on the bill instead of a table, if that would be all right with my friend from the Coast.

307. 1:16:54

     Move suspension.

308. 1:16:55

     All right. At the discretion of the chair, I'm going to suspend action on this bill. Uh, do you think you might could possibly have something working with them, but say, if we could call a, a quick meeting this week to help move his bill forward?

309. 1:17:11

     Mr. Huntington?

310. 1:17:14

     That depends on what you want.

311. 1:17:16

     Well, we'll-

312. 1:17:16

     I will, I will do my best, Mr. Chairman.

313. 1:17:18

     Very good. That being said, we're gonna suspend action on this bill, hopefully before next Monday's meeting.

314. 1:17:25

     Oh, yes, sir.

315. 1:17:25

     And, uh, we can, if we can get a room, then we'll have another meeting on this. Now, to the members of the committee, let me say just a few things. You all have met the, the council over here. Um, most of y'all, I think some of y'all don't read your emails, but Ms. Brown has sent y'all a notice on the committee dinner. We're not wasting time this year. In the month of March, we're gonna have, get your committee dinner out of the way, and I think it's for the 12th maybe. I think that's ...

316. 1:17:56

     And if y'all would, let her know if you will be in attendance. The committee dinner will be at the, uh, Druid Hills Country Club again this year. We'll be also having, uh, motor vehicles with us. So at least ways we got enough members to cover a portion of the lobbyists who've held up their hands and come by y'all because they want to help sponsor this dinner for y'all. So that being said, if y'all would be kind enough to respond to Ms. Brown so that she doesn't get anxious about the issue.

317. 1:18:29

     Okay.

318. 1:18:32

     All right?

319. 1:18:35

     February what?

320. 1:18:35

     7th.

321. 1:18:36

     I-

322. 1:18:36

     February.

323. 1:18:37

     17th.

324. 1:18:37

     February.

325. 1:18:37

     February.

326. 1:18:37

     17th. 17th.

327. 1:18:38

     I'm sorry. February the 17th.

328. 1:18:40

     17th. All right.

329. 1:18:41

     The 17th, on a Tuesday night.

330. 1:18:43

     Get it noted that I said yeah.

331. 1:18:45

     And, uh, please let her know yay or nay that you'll be able to attend. Now, that being said, I want to thank the committee members. As you can see, we have a freshman, and she has jumped right into the fray of it, even though she was late showing up today.

332. 1:19:00

     That's fine.

333. 1:19:01

     But that's not a problem, 'cause we actually had some members here today that might not be at another committee meeting this year 'cause they hold higher and loftier positions. So it's good to see, uh, Chairman Williams was here, Williamson, uh, Chairman Martin, Chairman Jaspers. So good to see y'all, and I hope maybe y'all can come on back during the session.

334. 1:19:26

     We will do the best we can.

335. 1:19:28

     Matt. Hey.

336. 1:19:29

     It's February 17th.

337. 1:19:30

     17th. I'm registered with a yay.

338. 1:19:34

     If not this meeting, this, this meeting, we'll be back in order at the call of the chair.

339. 1:19:39

     Mr. Chairman?

340. 1:19:40

     Yes.

341. 1:19:42

     Chairman Jasper indicated he'd be back for my bingo bill.

342. 1:19:46

     Ah. Ah.

343. 1:19:47

     Another one.

344. 1:19:47

     I'm, I'm a yes. I'm a yes. I'm sorry. Yes.

345. 1:19:52

     All right.

346. 1:19:54

     Everybody needs a little 16 to make you happy.

347. 1:19:56

     Amen. Amen. All right.