The House Committee on Investments & Financial Services

84th Legislature

September 14, 2016

1:00 p.m.

E2.028

Pursuant to a notice posted on April 19, 2016, the House Committee on Investments & Financial Services met in a public hearing and was called to order by the chair, Representative Parker, at 1:18 p.m.

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

A quorum was present.

The Committee heard invited testimony on the following interim charge: Examine the short-term lending industry in Texas. Study the adequacy of consumer access to credit and the effectiveness of consumer protections, specifically reviewing the consistency and coordination of state law with federal law and local ordinances. Review data-reporting requirements for credit-access businesses and make appropriate recommendations.

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

At 3:58 p.m., on the motion of the chair and without objection, the meeting was adjourned subject to the call of the chair.

________________________________________________

Rep. Parker, Chair

________________________________________________

Julie Young, Clerk