Chair Hoheisel opened the hearing on HB 2235 and recognized David Wiese, Senior Revisor, Office of the Revisor of Statutes to provide an overview. (Attachment10)   A question and answer period followed.

Proponents - Chair Hoheisel recognized the following individuals who spoke in support of HB 2235: Jeff King, Attorney, Crossroads Legal Solutions, representing Beneficient and Beneficient Fiduciary Financial (BFF), provided some information about BFF and the Technology-Enabled Fiduciary Financial Institutions (TEFFI) Act, (no written testimony), and Derek Fletcher, President and Chief Fiduciary Officer, Ben-The Beneficient Company Group, LP, (Attachment11).   A question and answer period followed.

Proponents Written Only - Alan Deines, Managing Director, Co-Head Fiduciary Financial Institutions, Ben-The Beneficient Company Group, LP.  (Attachment12).

Neutral - Chair Hoheisel recognized Brock Roehler, General Counsel, Office of the State Bank Commissioner who provided OSBC neutral position on HB 2235.  (Attachment13) .  OSBC testimony was authored by David Herndon, State Bank Commissioner. A question and answer period followed.

Opponents - none

Chair Hoheisel closed the hearing on HB 2235.