The House Committee on Investments & Financial Services

84th Legislature

March 25, 2015

2:00 p.m. or upon final adjourn./recess

E2.028

Pursuant to a notice posted on March 20, 2015, revised on March 20, 2015, and permission granted on March 25, 2015, to meet while the House was in session, the House Committee on Investments & Financial Services met in a public hearing and was called to order by the chair, Representative Parker, at 5:51 p.m.

The initial quorum call was answered as follows: Representatives Parker; Longoria; Capriglione; Flynn; Landgraf; Pickett; and Stephenson.

A quorum was present.

The chair directed that the March 18, 2015 minutes for the House Committee on Investments & Financial Services be corrected. The corrected minutes were authorized without objection.

The chair directed that the minutes reflect that on March 19, 2015, the Chair referred the following bills to the subcommittee on State and Local Bonded Indebtedness: HB 1401, HB 1750, HB 1752, HB 2819, HB 2099, and HB 3344.

HB 870

The chair laid out HB 870 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Capriglione moved that HB 870, as substituted, 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 Parker; Longoria; Capriglione; Flynn; Landgraf; Pickett; Stephenson (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 1454

The chair laid out HB 1454 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Capriglione moved that HB 1454, 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 Parker; Longoria; Capriglione; Flynn; Landgraf; Pickett; Stephenson (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 1002

The chair laid out HB 1002.

HB 1002 was left pending without objection.

HB 2394

The chair laid out HB 2394.

The chair recognized Representative Darby to explain HB 2394.

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

The chair recognized Representative Darby to close on HB 2394.

HB 2394 was left pending without objection.

HB 3522

The chair laid out HB 3522.

The chair recognized Representative Longoria to explain HB 3522.

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

The chair recognized Representative Longoria to close on HB 3522.

HB 3522 was left pending without objection.

HB 3526

The chair laid out HB 3526.

The chair recognized Representative Longoria to explain HB 3526.

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

The chair recognized Representative Longoria to close on HB 3526.

HB 3526 was left pending without objection.

HB 1002

The chair laid out HB 1002 as pending business.

Representative Longoria offered a complete committee substitute.

The chair recognized Representative Davis, Yvonne to explain HB 1002.

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

The chair recognized Representative Davis, Yvonne to close on HB 1002.

The committee substitute was withdrawn without objection.

HB 1002 was left pending without objection.

HB 483

The chair laid out HB 483.

The chair recognized Representative Capriglione to explain HB 483.

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

The chair recognized Representative Capriglione to close on HB 483.

HB 483 was left pending without objection.

HB 2676

The chair laid out HB 2676.

The chair recognized Representative Stephenson to explain HB 2676.

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

The chair recognized Representative Stephenson to close on HB 2676.

HB 2676 was left pending without objection.

HB 3536

The chair laid out HB 3536.

The chair recognized Representative Landgraf to explain HB 3536.

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

The chair recognized Representative Landgraf to close on HB 3536.

HB 3536 was left pending without objection.

(Representative Longoria in chair.)

HB 2851

The chair laid out HB 2851.

Representative Capriglione offered a complete committee substitute.

The chair recognized Representative Parker to explain HB 2851.

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

The chair recognized Representative Parker to close on HB 2851.

The committee substitute was withdrawn without objection.

HB 2851 was left pending without objection.

(Representative Parker in chair.)

At 7:42 p.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. Parker, Chair

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Julie Young, Clerk