The Liaison Committee met Wednesday March 6 at The Grove Hotel Cattails Room.  Some of the issues discussed included:

1.      Jim gave a DOI update and advised it has been relatively quiet at the DOI.  Jim reminded that escrow rate filings (short and long term) are due March 15.

2.      Martin gave a Legislative update.  The legislative session is nearing an end with a target sine die of March 25.  The DOI Rules review project will heat up after the legislative session ends.  Phil McGrane’s flat fee bill in its revised lower number to $27 still received opposition.  Data indicates that at $27 the Counties would average a 6-21% increase in revenue.  This seemed excessive in general and in particular to some documents that would normally cost in the $10 range being doubled in price.  The sponsor was not prepared for a floor fight so the matter was shelved.  An issue of concern with the simple one fee is that the revenue projections vary County to County and in particular with the small Counties.  An idea to create a catch all category to the existing list with a set fee was discussed and this matter will be further explored this summer and could be a more feasible approach for all Counties to support. 

3.      The Remote Online Notary issue became SB 1111 and the Secretary of State took the lead.  It passed out of the Senate and as of these minutes also passed out of the House and is on its way to Gov. Little for signature.  The bill includes the e-recording mandate so the remaining County – Shoshone – will need to get up to speed.  The Rule making process will be in full progress over the summer.  A follow up issue to instill further protection of privacy data could feasibly be addressed by the Rules.

4.      The administrative rules proposal to require approval from both House and Senate versus just one looks to have died.  The HEMP legislation also looks stuck in committee.  We continue to monitor HOA issues but nothing has materialized or is expected this session.

5.      We continue to monitor blockchain and crypto currency issues.  We are looking into more details of a blockchain proposal in Wyoming applicable to Teton County (Jackson) enabling the startup of a blockchain system.

6.      The annual ed seminar was held March 7-8 and was well received by the 114 attendees.  Copies of power point presentations are attached.  The Pacific NW Convention is next on the agenda so mark your calendars for Aug 1-3 at Skamania Lodge which is about 30 minutes east of Portland on the Washington side of the Columbia River.  Regional trainings will resurrect this fall.

7.      Also attached is a copy of an email from our friends at the Montana Land Title Association.  They have privacy protected notary journal that has generated interest and they wanted to let you know it is available for our members.

8.      The next meeting is scheduled for Thursday April 11 at 10:00 at Alliance Title 9465 W. Emerald St., Ste. 120. 

Thanks.  John