Judiciary Committee- House

Today is house bill ten eighteen for concurrence in the Senate amendment representative makes you're recognized to come to the table and present the amendment thank you madam chairman colleagues for the fulfillment of the promise I made to get this bill amended I'm gonna give you the short version just for brevity of time we pulled out all the arrest authority and clarified the training language at this time all the invested parties are all in agreement with that with the the bill as it stands now so with that I'll be happy to take any questions. Members are there any questions regarding the Senate amendment. Seeing the questions we have no one who signed up to speak for against the amendment. Do I have a motion. We have a motion to concur in the Senate amendment Seri discussion on the motion to concur. Seeing those discussion all in favor please say aye opposed say no congratulations we have concurrence being here thank you colleagues. All right members the next bill that we have up will be house bill thirteen ninety four representative Matt you're welcome to come to the end of the table introduce yourself and then you may proceed. Thank you madam chair could also bring the witness up to join me at the table yes. Please have your witness identified so for the record yes all star representative Matix District eighty six and my witness it. my name is Alex Miller I'm an attorney with R. M. P. out in Northwest Arkansas and a tax attorney and focus in the state planning. Represent Medicare recognized Percy. Thank you madam chair members So to be completely Frank I usually say this is a simple little bill this is not necessarily simple little bill but is a very good bill and it is it is excellent policy for the state of Arkansas so this bill is the spends spendthrift trust in domestic at asset protection trust bill the purpose of this bill is to allow the creation of a domestic asset protection trust this type of trust allows an individual to set up a trust in which the trust creator is a beneficiary of the trust and the Trust provides greater protection against claims from the trust creditors in order for assets in domestic asset protection trust to be protected from creditors the trust cannot be set up for the purpose of hindering creditors so that's very important now that will be a question a person cannot set this up for the express intent of hindering an existing credit or that that would not be allowed in a third party trustee must control distribution of trust assets to the trust greater and that that's going to just an overview of the bill and and obviously will go more in depth than that but I do want to talk about surrounding states Tennessee Mississippi Missouri Oklahoma all allow for these types of trust I got very interested in this area of the law and I'm working with robin want with Wrexham Lundstrum on some other bills because I was informed I was contacted by an attorney who does a lot of estate planning in the interim and he basically said that he did Arkansas District of laws he is having to set up entities entrust an LLC's and all sorts of other things in other states so we have our Kansans who we want to keep in Arkansas who are having to do other things move the money to other states because of our restrictive laws so I think that's the overview of this bill and frankly some of the others Who so obviously we want people and we want assets to remain in Arkansas that's good first that's good for accountants that's good for financial advisors that's good for everyone even even attorneys I know represent Richmond does a lot of that but But I would like to allow my witness to testify on this bill at this time hang on just a minute don't have any questions right at this point. The representative medics. See more you're recognized for a question thank you madam chair I was just curious representative does this particular language mayor that of other states currently codified. I I think it's I think it does I think it almost mayors in the state of Nevada which a lot of you look into this area of the law probably know that Nevada is very receptive to assets and to people and to business and frankly you know we'll look at those statistics now they're getting a lot of those things so I think it almost mirrors the Nevada statute represent more Senator you're recognized for a question. Thank you manager. Sir could you tell me who would be against this and why. You know usually I have answers to every question and I can't imagine why anyone would be against this bill. And what what I think the first thought would be hiding if someone is trying to shield assets from legitimate creditors and and that's not what any of us want so I think that is it could be an issue that people would think about but that is not allowed under this language. Can you point to the Page ten line. That you just reference that it's not allowed so the committee can see that. I have a moment madam chair. Okay So I don't have the bill in front of me I do have at my briefcase I said I guess I failed on that one but I can grab if I need to and and certainly can point out okay we'll get you a copy. Yeah I'm I'm not sure where you guys are finding that I'm I'm being told Page three line thirty I'm not seeing that here on the document I have in front of me. Three zero. Yeah okay on representative Matix bill that he has in front of him it is Page three line thirty that specifically says that for a domestic asset protection trusts the Senate will or it when they set this up that one of the it has to be your local number one so it can't be a trust that the settler can amend or change the terms of and to see which is line thirty says it is not intended to hinder delay or defraud known creditors. Members any other questions. Represent because you're recognized for a question. Thank you manager I have and these asset protection trusts been tested in courts and has can you can't get me away the land of how the courts to receive these. Yes most of the states that these have been challenged and now nobody has had asset protection trust if if you've ever done any research in this area Nevada and South Dakota really kinda known as that way and Delaware Delaware they allow these types of trust for twenty thirty years and so there's a lot of case law in Nevada specifically in out west where these trucks have been upheld there's twenty states in the country that allow domestic asset protection trust and we're surrounded by states Mississippi Tennessee you may have already touched on this Oklahoma Missouri Texas does not have one so when we're competing for trust business and and wealth to come into this state this would at least give us a leg up on taxes. Members any other questions represent that Hudson you're recognized. Thank you madam chair and this isn't my area of practice I just wanna make sure I understand for purposes of that that line thirty on page three as far as the Beijing of creditors does it matter and. In protecting against that type of concern whether the trust is revoke herbal are irrevocable. Yes this whole statute only deals with your local trust so. Someone cannot set up a trust that they can amend or terminate and put their assets in that trust and then say Hey my creditors can't touch these assets that's not the purpose of this bill this bill. The person creating trust is truly transferring their assets into an irrevocable trust that they now have no control over because they have to appoint a third party trustee who they have to go to and that third party trustee actually makes the decision as to whether assets come back to the beneficiary or not so as far as the the creditor issue there's also a third factor here I don't know how many attorneys we have in the room but the fraudulent transfer rules I think we caught the uniform voidable transfer act in any transfers into this trust is subject to fraudulent transfers as well so you can't go put these assets inside of this trust and then immediately tell your existing creditors you can't come after these assets they have to sit there and marinate in the trust for a certain period of time without having creditor issues come to light before they're actually protected from creditors so hope that clarifies. The. You're recognized for a follow up and and thank you that that the helpful explanation could you just kind of explain for information with the differences between our existing truck tractor in Arkansas and what this bill would do just to give us an idea of what we have now versus what this bill proposes sure so again this is called a domestic asset protection trusts that's just kind of. The terminology that you see across the country when you're referring to these types of trust what this allows is well under Arkansas law right now you can not set up a trust for yourself put those assets in the trust and those assets be protected from creditors you can't do that whether the trustees revoke herbal or irrevocable this statute allows you to do that but again it has to be that your local trust with a third party in charge of the assets. One last question you're recognized and so just kind of close the loop on those two questions so under the current law are there at those same kind of restrictions and protections that you mentioned in your first response about the at protecting against evasion of creditors. the to clarify are you talking about fraudulent transferral Sir yes so under existing law with this fraudulent transfer rules apply to that trust that we can create now under absolutely absolutely. ASA college you're recognized for a question. Thank you madam chair so I I guess I just want to get at the question of whether or not there's any doubt that these domestic asset protection trusts will be honored and in every case it because I think my understanding is that the legal landscape is not quite settled on this and and what would happen if you know is it possible for someone to get at the assets required to get the assets based on an issue in law that's not yet been resolved yeah you've done your homework a little bit so to give you a little bit of history on these types of trust You know in the past we've probably all heard of Switzerland and and the Cayman Islands in these places where wealthy people take their assets and they're protected from creditors and maybe even have tax benefits and so the states really gotten the business in the last thirty years of starting to allow not all the same things that these offshore places did but the state's got in the business of trying to attract that will back on shore and so yeah there's been cases and there's been some conflict and where the conflict comes I think when I answered your question earlier I said you know in Nevada if you have a Nevada person that creates the trust the assets are in the vita and the creditors in Nevada the Nevada court is going to uphold that that's what I see in the law when I review these cases is but when you have these conflicts like let's say the creditors in a different state and that the matters in front of a Utah judge looking at an Arkansas domestic asset protection trust are they going to honor that are not there is some conflict in in those laws I'm not well versed enough in. Mr Collins the tell you you know the ins and outs of all those cases but there's definitely a conflict. Members any other questions. We have no one who signed up. For or against the bill. Represent gas wishes text man said he's coming into the room he may have a question. I'm ready to close for my bill. Just not quite ready to recognize your closing for the bill. Yes. Represent Gazaway and represent Cooper we're on house bill thirteen ninety four on spendthrift trust and I know there's been some questions on those I wanted to give you plenty of time since this is changing the law in Arkansas. Have any questions represent Gazaway. You're recognized if you have any thank you thank you madam chair. So my understanding of the spendthrift trust historically has operated. To protect from the beneficiary in the future from being able to. Essentially act negligent and and waste. The assets of the trust and so it's kinda doled out to them over time and in increments. And watched over very carefully in order to ensure that that doesn't happen So can you tell me specifically how this legislation improves what is a process that already works. All star then I'll let him finish so I would say it's certainly it it doesn't what we're trying to do it's not working in Arkansas we are people are fleeing with their money and their feet because of our restrictive asset protection laws I was what I would say is. These people are going to use these vehicles they're just going to do it in Arkansas and we're gonna be receptive to them because they're going to go out of state and do it so I would say it's not working for what we're trying to do today but I'll allow my witness to follow. Yes so that's a great question Third party spendthrift trust to work in the state of Arkansas and I think that's what you're referring to it you know if I'm a mom or dad and I'm putting assets in in trust for a kid and I've drafted that trust so that it's truly a spendthrift trust what that means is that the trustee has the discretion if if if the kid has a creditor out there that's trying to get to the trust assets the trustee as opposed to giving money directly to the kid where the money can be intercepted by the creditor spendthrift trust allows the trustee to instead. Pay bills on behalf of the credit on behalf of the kid pay for their education pay for their phone bill their rent and when they do it that way under a spendthrift trusts the assets cannot be intercepted this does not change that law with this law does is it adds a self settled trust where someone is is setting up a trust and putting the assets inside that trust for their own benefit versus a third party trust which is what we already have an existence in Arkansas today. Members anything further. But you're recognized for a follow up. Can you give any clear examples of the people who are fleeing our state to send up set up these trusts and other states. I'll start so why I got interested in this legislation is estate planning council from Arkansas was sending me emails and phone calls about how he is not using Arkansas for his higher net worth folks to be Frank we are probably know people who are forced to live out of state and the state of Arkansas for an eighty five days per year there's numerous reasons for that are income tax and and this is another one of the things that we have what we need to get better we need to get more competitive and be more receptive to people who want to do they're going to do this type of estate planning so it's it's estate planning attorneys in Arkansas who brought this to my attention that that we need to do this. Okay if I may address for confidentiality purposes I can't give you specific names but I can certainly give you examples and my law firm I know you are here when I introduce myself but I do estate planning we have eleven tax attorneys at my law firm and our law firm was founded on high net worth the state planning that's kind of our bread and butter and so when the representative Matix came to us one of the questions was. Why are your clients not keeping their assets in the state of Arkansas and and I can tell you for sure we have one of our billionaire clients whose assets are in Delaware multiple clients with assets in Nevada trust and and these are our biggest clients I have a client that left for Tennessee at the end of last year and set up a trust there so did that again without giving specific names I have tons of examples So that's my response. Members any other questions. To say no further questions represent medics you're recognized close for your bill. Thank you members I think I've already basically said all that I want to just to reiterate all the surrounding states except taxes had is that Texas has these types of trust we can actually potentially beat them on something for once which would be nice again and as he stated. These folks are already using these vehicles just do we want to be receptive to them in Arkansas do one it just kind of let them know that we would rather not keep their money their assets and frankly them in our state so so I would appreciate a good vote I'll close one of. Members representing Maddox is close for this bill do I have a motion the motion to pass I have a motion to pass is there any discussion on the motion. All in favor say aye opposed say no Vice habit you've passed your bill. Thank you madam chair thank you committee. I think she. The president guess what you're recognized president house bill fourteen seventy four. Do. Members this has an impact statement that is being in a sentencing. from the Committee the sentencing commission this being passed out very quickly to you. All right members I believe everyone has the Arkansas sentencing commission impact statement in front of you and with that represent Gazaway you're recognized to present your bill thank you madam chair with your permission because there is a sentencing impact report could I have taught a route from the sentencing commission join me at the end of this. This is. Both of you will go ahead and identify yourself for the record then we may begin. A county road sentencing commission director. Representative Jimmy Gazaway represent district thirty one. I have members what you'll see before your house bill fourteen seventy four. is a Amendment you might say to the critical infrastructure law that we passed in twenty twenty one some of you may remember the last session we passed a critical infrastructure bill which place criminal penalties on anyone who would damage or destroy the pieces a criminal critical infrastructure critical infrastructure includes things like telecommunications networks drainage facilities will wastewater facilities water management facilities things that are important to our everyday functioning in life so one of the things that we add in this bill is underground gas storage facilities there was a companion bill of this that came out of the Senate that I ran in the house you may remember just last week on underground gas storage facilities That Change the definition because of ongoing commercial activity in that space particularly in south Arkansas you have willing gas companies that are storing different types of gas underground it is part of the the oil money process gas that's produced that's collected to kind of the carbon capture issue is being stored underground we just want to insure that if anyone were to cause damage to or try to destroy the underground gas storage facilities that they would face some fairly severe criminal penalties similar to all the other critical infrastructure that we already have protections that we have for critical infrastructure that we already have in place so that's all the bill does I'm happy to answer any questions. Per se Collins you're recognized for a question. Thank you manager sorry I understand that which you describe you know the big south Arkansas facility but does this include just the underground storage tanks that are at numerous commercial properties you know in cities and towns everywhere wherever there used to be a gas station there's a underground tax may or may not have gas in a when I read underground gas storage facility I mean I don't know you tell me is that meant to be included in this where we have all these more severe criminal penalties so so underground gas storage facility is given a very specific definition and other sections of the code it includes things like underground aquifer reasons similar to what's being used in the oil and gas industry it's it's not meant to capture the propane tank that you keep in your backyard to run your gas lights or gas lamps on your back porch so um I understand your concern but I don't think that that that's what the definition covers. Members any other questions. See no further questions we have no one who signed up to speak for against the bill represent guess what you're recognized to close for your bill thank you manager I'm close for the bill make a motion to pass members we have a motion to do pass on the floor is there any discussion of the motion. Seeing no discussion all in favor say aye opposed say no the ayes have it congratulations you've passed your bill thank you manager the Committee. Members next we're going to turn to. House Bill fourteen thirty one represent Lundstrum you're recognized. Fourteen thirty one members represent clients someone you get to the end you may recognise of a defier self and you're recognized Percy. Thank you chairman dot eight Robin Lundstrum. And may I also bring. A witness to the stand with me yes. Today I bring before you M. H. B. fourteen thirty one. And this is a trust accounting statute that allows a trustee of an irrevocable trust to amend the trust times without going to court it'll save time expense in an unnecessary clogging up of the courts and I with that I will open it up to any questions. Members are there any questions. Say guess what you're recognized for a question. Thank you madam chair so I read the bill a prior to today and. My understanding was that I mean that was a very brief explanation of the bill but it seems that there were a lot of very technical provisions as a part of this bill and I know you have a witness here with you yes who is an attorney that practices in this area I'd like a more thorough explanation of the technical technicalities and how this bill operate if. That's why he's here I I would not presume to be an attorney and I didn't stand a hotel last night and holiday and so I definitely wanted to have somebody here that could answer those questions I will say this is already the practice in thirty six states and I'm hoping we're number thirty seven valid Alex answer any technical questions you might have so fire it will if you identify yourself for the record. Alex Miller. Mr Miller did you understand representative's always question and could you please address that sure I'll give my own synopsis of what the bill is and so you see that the title of the bill is is to amend well it's it's regarding the canteen of trust and that term to campaign it may be familiar to to some people here it usually it's thought of with wine and alcohol where you're pouring alcohol from one glass to another and it's it's this is what this is if you really read the technical details of of this trust this bill it's not just amending a trust it's actually allowing a trustee to create a second trust and that money back up I'm I'm getting ahead of myself we're dealing with your local trusts here either your vocal trust that cannot be amended or modified or not supposed to by their terms under Arkansas law right now we can amend and modify your of vocal trust but generally the way to do it is you need to go to court you need to put in front of a judge and have all the beneficiaries consent like robin said that that takes time and effort and. And the judge's time to do what this allows as opposed to the trustee of the trust just amending the terms of the trust itself it allows the trustee to set up a second trust with more favorable terms and and I'm happy to answer questions on why a trustee may want to do this but basically you set up the second trust in you. Pour the assets of the first trust into the second trust where they will be held in and and and administered under more favorable terms to the beneficiaries. Did I answer your question the representative Gazaway. That was helpful yes okay. A college you're recognized for a question. Members any other questions. Seeing no further questions of I'm sorry represent Richardson you're recognized for a question thank you of because I'm not an attorney could you go ahead and give me more information you said if we ask you the questions about why they would do this why would somebody moved that trust from one to another one or port in as you just described sure sure so this comes up very frequently in fact most your vocal trust that I review that have been in effect for some time have provisions that would consider faulty you know if I'd if you were to come to me and I would draft in your vocal trust for you a lot of times these are forty page documents and the older the document the shorter they usually are and usually have sometimes three and four pages and and they don't really cover what happens in certain situations let me give you a couple examples so one thing that I see in trust a lot is when mom and dad dire when the kids died the trust terminates and the assets leave the trust and go into the hands of the beneficiaries and they can do whatever they want to with those assets now that sounds great but as soon as those assets we the trust they're no longer protected from the creditors of the beneficiaries if the family is wealthy enough there something called the estate tax the inheritance tax in this country that if your net worth is over a certain amount every generation forty percent of that network. Gets cut in a check sent to the federal government and so if you can it allows you to leave those assets inside of a trust for a longer period of time to at least deferred that tax it whereas if the assets were to leave the trust at a certain age I would say when the beneficiaries are thirty now those assets are right back in the state tax system and subject to tax again it's so those are a couple examples there there's many more there may just be you may just want to change to the trustee is and some of the really basic administrative provisions but it's usually something revolving around creditor protection or taxation is why we usually do this and as I'm sure you all know tax tax law changes all the time creditor protection laws change frequently as well and so there's just times where we as a state planners look at trust and say we need the ability to amend this trust to make it compliant with what the creators intent alternately was when they created the trust. Represent in your recognized for a question. Thank you madam chair so you mentioned that that procedure now in Arkansas is to go to court for some of these items and and you you said that in part that procedure includes getting approval from the beneficiaries of the trust which I assume is intended to be some sort of protection against the trustee going rogue or doing things that benefit some of the fisheries over others so what protections are there if we pull that the judge out of this pull the court appearance out of this for and to protect against a trustee favoring beneficiaries are doing things without consent yeah there's there's a laundry list of fiduciary duties that trustees have within trust under our current uniform trust code and those are the duty of loyalty to the beneficiaries of the trust the duty I may not have this duty exactly the correct legalese but to not show favoritism to one beneficiary over the other but the point is the trustee has a fiduciary duty to to not harm those beneficiaries and so they have recourse if the trustee or to exercise this in a manner that that that they thought was harmful to them they could end up in court and that would be how they would resolve that issue. Represent Collins you're recognized for a question. Thank you madam chair so I guess I just want to see if I can understand this clearly to the the real benefits of this bill are to kind of avoid paying state taxes tax avoidance and the creditor protection protection from creditors I mean that's essentially what we're doing here is there anyone I mean other than. People who want to. Estate taxes to be paid more or you know creditors have more axes what one of the other downsides to this or other benefits if I'm missing anything yeah sure I mean that's a legitimate I I think the state of Arkansas has to decide whether whether they want these individuals here to kind of what we talked about with representative Matix and I think robin may have touched on this earlier but you know you have if you were to go out and Google you know what is it what are the we've probably all heard of Delaware as a place where people go to set up businesses for creditor protection and things like that there's other jurisdictions but in the law world everybody thinks that Delaware is the place to set up a business with trust there's multiple jurisdictions and when I have these wealthy families come to make sure we set up a trust and we decide where these assets going to pass when when my clients done Hey what if I'd done I have minor children who are they gonna live with all of us have those type of issues but wealthy individuals do have the other questions of. Where can I park my assets where they're not subject to as much tax whether that's the state tax or income tax they look it where can I park these assets where they get the most creditor protection and where can I put these assets where I have the most control over how their administered and you're correct that a that a part of this that may be one reason why we would want to amend these trust us to help further protect the state tax but if we don't want these clients here then I agree you don't pass these laws if we don't want these wealthy citizens here but in my mind I'm a big sports fan and I think of you know Houston that used to say this with the Razorbacks it's like Hey we need to build a fence around the state of Arkansas and keep our in state talent here if we want to have a successful football program and I think that's. you know that that's the same for all athletics but for the state of Arkansas with our economic prosperity I think it's necessary to keep our wealthy our Kansans and their money and assets inside the state of Arkansas and so. That's why I think these bills are favorable and why they should pass but I certainly understand if if someone has a different opinion per se Richardson you're recognized for a question thank you so. So based on what you just said if these trust are created and these individuals are placing these in the trusted to. Consumer protection and and tax avoidance what's the benefit to the state for having him having that trust in the state if we can't tax ID we can't get to it for whatever reason I understand this personal stuff but what we what would be the benefit of the state to say yes we want you to come load your stuff here two huge benefit their assets come here if they've got cash if they have stocks if they have bonds liquid investments they go to financial advisors inside this state if it's a bank if they have to with the domestic asset protection trust we just talked about there has to be an independent trustee so we hired a bank to be the trustee those financial advisors and those banks get to charge a fee a percentage of the assets under management they get the charges a fee usually around one percent South Dakota started go in this direction within the last fifteen years and they now have over five hundred billion dollars of trust assets under management that alone at one percent is five billion dollars of of revenue and income generated in this state obviously the attorneys and myself we get to draft these trust which helps in any time there's questions on the administrative administration of the trust we get to reap those benefits but accountants that prepare the tax returns for these trust if you're allowed to have these trust in the state of Arkansas those assets will also include real estate so now you're selling real estate in the real estate industry is is held well you can also own a business insider these trust and so you can operate if you own grocery stores they can be on by this trust and so it it encourages these wealthy citizens to start those businesses here verses in other states. Any other questions. Senator Rapert you're recognized for a question that does not have more questions from lunch representative Washam and maybe set I just missed it you said there's thirty six states that do this currently. Are you can give me a list of maybe some surrounding states that they're it off the top of my head I believe Tennessee Florida Wyoming South Dakota Utah Delaware and I believe Texas not sure on Texas I can tell you we are in the bottom third of states that welcome wealth we shine the wealth we put a closed door and that we are close to business on our door to Arkansas and we've got to quit thinking as a poor state we need to start thinking as a wealthy state and be proud of our state and we need to put the welcome mat out. Represent college you're recognized for a question thank you measures actually somewhat related to the thirty six states so we made keep more people in our state if we pass this but we're not really going to be a magnet because so many other states have that's right I mean it's not like you know you mentioned about in the previous bill that probably was a magnet for a lot of business but may do you agree it's unrealistic that with thirty six other states having adopted something similar to this we're gonna be mad at or is this different enough that we will be a magnificent some out more permissive than other states laws. From a technical standpoint this passing this law make wealthy clients tell me Hey I want to put my assets in the state of Arkansas no but is it important this is part of a package of four bills that we're running to today here hopefully another one in the future and then one and and tax and revenue if you were to go out my industry I started down this path early on I guess I lost my train of thought but if you were to go out and Google Hey what are the best jurisdictions for putting your assets inside of a trust you'll see these ranking systems that have about ten different factors that they look at and these decanting statutes are always part of that equation when their ranking what is the best jurisdiction Parker assets now a lot of times these are trust companies that are putting out these ranking systems and so trust companies definitely like these the camping statutes so maybe maybe that's why they're saying that these are so favorable but I do not think I I think that's a great point you're making and and this out of the four bills is probably the least likely on a loan to a tractor that will but I do think that if we pass this along with those other bills whenever these ranking systems come out we're absolutely going to be in the top in my opinion we're going to be in the top five after this represent McCauley recognized for a question. Thank you madam chair appreciate that the trustee has a fiduciary duty but don't we run the risk that they breached that duty in the bridge goes unnoticed if they don't have to go to court and notify the trustees before they make that change sure you run that you run that risk I would that would be a nightmare for the trustee to go amended this trust and then you know the beneficiaries do something harmful to these beneficiaries and they find out twenty years down the road but yeah I mean that's a legitimate concern. Members any other questions. Say no further questions representation you're recognized close for your bill thank you. Colleagues I think it's important that we bring Arkansas forward anytime we have an opportunity to do that I think we should to answer your comment and I presented Collins why. Why not Arkansas why not bring our allies forward and why not roll out that welcome mat and make this if a business friendly state and with that I would ask for a good vote members represent Lundstrum his clothes for her bill with the wishes of the committee. We have a motion to do pass is there any discussion on the motion all in favor of the motion please say aye. All opposed say no the ayes have it what I did here into the ayes have it you've passed your bill members what we have. We don't have we have nothing else to hear this morning were on a tight time frame thank you representative Lundstrum thank you colleagues members we do have. Here's what I'm anticipating that we're going to have for Tuesday and this will probably grow as you can tell our. Our agenda is growing by leaps and bounds so we're not going to have too many days of. just a quick meeting so here's what we have so far Senate bill two O. four Senate bill two eleven. House Bill fourteen twenty six House Bill fourteen seventy two and I have had another a number of other members inquired about getting on the agenda for Tuesday kind of depending on what's happening in their committee I will see what I can do to get that updated for you for Tuesday but please anticipate from here on out will be spending a lot more time in our committee meeting so we can start working through this agenda with that. Have a great weekend we are adjourned.