The House Committee on Investments & Financial Services

83rd Legislature

April 29, 2013

2:30 p.m. or upon final adjourn./recess

E2.030

Pursuant to a notice posted on April 24, 2013, revised on April 26, 2013, the House Committee on Investments & Financial Services met in a public hearing and was called to order by the chair, Representative Villarreal, at 8:35 p.m.

The initial quorum call was answered as follows: Representatives Villarreal; Flynn; Anderson; and Burkett.

A quorum was present.

HB 1575

The chair moved to reconsider all votes by which HB 1575 was reported from committee.  The motion to reconsider prevailed without objection.

The chair moved that HB 1575, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed.  The motion prevailed by the following record vote:

Ayes:                           Representatives Villarreal; Flynn; Anderson; Burkett (4).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Laubenberg; Longoria; Phillips (3).

SB 581

The chair laid out SB 581 as pending business.

The chair moved that SB 581, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed and be sent to the Committee on Local and Consent Calendars.  The motion prevailed by the following record vote:

Ayes:                           Representatives Villarreal; Flynn; Anderson; Burkett (4).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Laubenberg; Longoria; Phillips (3).

SJR 18

The chair laid out SJR 18 as pending business.

The chair moved that SJR 18, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed.  The motion prevailed by the following record vote:

Ayes:                           Representatives Villarreal; Flynn; Anderson; Burkett (4).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Laubenberg; Longoria; Phillips (3).

SB 232

The chair laid out SB 232 as pending business.

The chair moved that SB 232, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed and be sent to the Committee on Local and Consent Calendars.  The motion prevailed by the following record vote:

Ayes:                           Representatives Villarreal; Flynn; Anderson; Burkett (4).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Laubenberg; Longoria; Phillips (3).

SB 474

The chair laid out SB 474 as pending business.

(Representative Phillips now present.)

The chair moved that SB 474, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed and be sent to the Committee on Local and Consent Calendars.  The motion prevailed by the following record vote:

Ayes:                           Representatives Villarreal; Flynn; Anderson; Burkett; Phillips (5).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Laubenberg; Longoria (2).

SB 1004

The chair laid out SB 1004 as pending business.

The chair moved that SB 1004, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed and be sent to the Committee on Local and Consent Calendars.  The motion prevailed by the following record vote:

Ayes:                           Representatives Villarreal; Flynn; Anderson; Burkett; Phillips (5).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Laubenberg; Longoria (2).

SB 1251

The chair laid out SB 1251 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that SB 1251, as substituted, be reported favorably to the full house with the recommendation that it do pass and be printed.  The motion prevailed by the following record vote:

Ayes:                           Representatives Villarreal; Flynn; Anderson; Burkett; Phillips (5).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Laubenberg; Longoria (2).

SB 1247

The chair laid out SB 1247 and offered a complete committee substitute.

The chair explained the committee substitute.

(Representative Longoria now present.)

Testimony taken/registration recorded.  (See attached witness list.)

(Representative Flynn in chair.)

Testimony taken/registration recorded.  (See attached witness list.)

(Representative Villarreal in chair.)

Testimony taken/registration recorded.  (See attached witness list.)

The chair closed on SB 1247.

The committee substitute was withdrawn without objection.

SB 1247 was left pending without objection.

At 1:02 a.m., on the motion of the chair and without objection, the meeting was adjourned subject to the call of the chair.

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Rep. Villarreal, Chair

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Rudy England, Clerk