The House Committee on Investments & Financial Services

85th Legislature

April 4, 2017

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

E2.010

Pursuant to a notice posted on March 30, 2017, a suspension of the 5-day posting rule on April 4, 2017, and permission granted on April 4, 2017, 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 2:16 p.m.

The initial quorum call was answered as follows: Representatives Parker; Burrows; Dean; Holland; and Longoria.

A quorum was present.

The chair directed the minutes to reflect that HB 532 was referred to the subcommittee on State and Local Bonded Indebtedness in an administrative action on March 30, 2017.

The chair directed the minutes to reflect that HB 2579 was referred to the subcommittee on State and Local Bonded Indebtedness in an administrative action on March 30, 2017.

HB 2726

The chair laid out HB 2726.

The chair recognized Representative Holland to explain HB 2726.

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

The chair recognized Representative Holland to close on HB 2726.

HB 2726 was left pending without objection.

HB 2580

The chair laid out HB 2580.

The chair recognized Representative Holland to explain HB 2580.

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

The chair recognized Representative Holland to close on HB 2580.

HB 2580 was left pending without objection.

HB 1948

The chair laid out HB 1948.

The chair recognized Representative Elkins to explain HB 1948.

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

The chair recognized Representative Elkins to close on HB 1948.

HB 1948 was left pending without objection.

HB 2821

The chair laid out HB 2821.

The chair offered a complete committee substitute.

The chair recognized Representative Dean to explain HB 2821.

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

The chair recognized Representative Dean to close on HB 2821.

The committee substitute was withdrawn without objection.

HB 2821 was left pending without objection.

HB 3233

The chair laid out HB 3233.

The chair recognized Representative Burrows to explain HB 3233.

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

The chair recognized Representative Burrows to close on HB 3233.

HB 3233 was left pending without objection.

HB 3367

The chair laid out HB 3367.

The chair recognized Representative Burrows to explain HB 3367.

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

The chair recognized Representative Burrows to close on HB 3367.

HB 3367 was left pending without objection.

HB 2839

The chair laid out HB 2839.

The chair recognized Representative Longoria to explain HB 2839.

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

The chair recognized Representative Longoria to close on HB 2839.

HB 2839 was left pending without objection.

HB 2823

The chair laid out HB 2823.

The chair recognized Representative Dean to explain HB 2823.

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

The chair recognized Representative Dean to close on HB 2823.

HB 2823 was left pending without objection.

(Representative Longoria in chair.)

HB 2176

The chair laid out HB 2176.

The chair recognized Representative Parker to explain HB 2176.

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

The chair recognized Representative Parker to close on HB 2176.

HB 2176 was left pending without objection.

HJR 99

The chair laid out HJR 99.

The chair offered a complete committee substitute.

The chair recognized Representative Parker to explain HJR 99.

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

(Representative Stephenson now present.)

The chair recognized Representative Parker to close on HJR 99.

The committee substitute was withdrawn without objection.

HJR 99 was left pending without objection.

(Representative Parker in chair.)

HJR 37

The chair laid out HJR 37 as pending business.

Representative Burrows moved that HJR 37, 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 Parker; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

HB 471

The chair laid out HB 471 as pending business.

Representative Dean offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Longoria moved that HB 471, 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; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

HB 1003

The chair laid out HB 1003 as pending business.

Representative Burrows offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Stephenson moved that HB 1003, 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; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

HB 1701

The chair laid out HB 1701 as pending business.

Representative Burrows offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Holland moved that HB 1701, 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; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

HB 2647

The chair laid out HB 2647 as pending business.

Representative Holland offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Burrows moved that HB 2647, 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; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

HB 2648

The chair laid out HB 2648 as pending business.

Representative Dean moved that HB 2648, 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 Parker; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

HB 2928

The chair laid out HB 2928 as pending business.

Representative Longoria moved that HB 2928, 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 Parker; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

HB 2964

The chair laid out HB 2964 as pending business.

Representative Burrows moved that HB 2964, 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 Parker; Stephenson; Burrows; Dean; Holland; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Johnson, Eric (1).

At 4:09 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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Kory Curtis, Clerk