The House Committee on Pensions, Investments & Financial Services

86th Legislature

April 4, 2019

8:00 a.m.

E2.026

Pursuant to a notice posted on March 29, 2019, a suspension of the 5-day posting rule on April 2, 2019, and permission granted on April 4, 2019, to meet while the House was in session, the House Committee on Pensions, Investments & Financial Services met in a public hearing and was called to order by the chair, Representative Murphy, at 8:04 a.m.

The initial quorum call was answered as follows: Representatives Murphy; Vo; Capriglione; Flynn; Lambert; Leach; Longoria; and Stephenson.

A quorum was present.

(Representative Wu now present.)

SB 12

The chair laid out SB 12.

The chair recognized Representative Bonnen, Greg to explain SB 12.

Representative Capriglione offered a complete committee substitute.

The chair recognized Representative Bonnen, Greg to explain the substitute.

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

The chair recognized Representative Bonnen, Greg to close on SB 12.

The committee substitute was adopted without objection.

Representative Leach moved that SB 12, 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 Murphy; Vo; Capriglione; Flynn; Lambert; Leach; Longoria; Stephenson; Wu (9).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Gervin-Hawkins; Gutierrez (2).

(Representative Gervin-Hawkins was absent due to legislative business.  She indicated that if she had been present, she would have voted aye.)

(Representative Gutierrez was absent due to illness.  He indicated that if he had been present, he would have voted aye.)

HB 3247

The chair laid out HB 3247.

The chair recognized Representative Martinez to explain HB 3247.

Representative Lambert offered a complete committee substitute.

The chair recognized Representative Martinez to explain the substitute. 

(Representative Gervin-Hawkins now present.)

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

The chair recognized Representative Martinez to close on HB 3247.

The committee substitute was withdrawn without objection.

HB 3247 was left pending without objection.

HB 2821

The chair laid out HB 2821.

The chair recognized Representative Flynn to explain HB 2821.

Representative Wu offered a complete committee substitute.

The chair recognized Representative Flynn to explain the substitute.

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

The chair recognized Representative Flynn to close on HB 2821.

The committee substitute was withdrawn without objection.

HB 2821 was left pending without objection.

HB 2636

The chair laid out HB 2636.

The chair recognized Representative Flynn to explain HB 2636.

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

The chair recognized Representative Flynn to close on HB 2636.

HB 2636 was left pending without objection.

HB 2639

The chair laid out HB 2639.

The chair recognized Representative Flynn to explain HB 2639.

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

The chair recognized Representative Flynn to close on HB 2639.

HB 2639 was left pending without objection.

HB 2779

The chair laid out HB 2779.

The chair recognized Representative Wray to explain HB 2779.

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

The chair recognized Representative Wray to close on HB 2779.

HB 2779 was left pending without objection.

HB 2697

The chair laid out HB 2697.

The chair recognized Representative Meyer to explain HB 2697.

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

The chair recognized Representative Meyer to close on HB 2697.

HB 2697 was left pending without objection.

HB 2950

The chair laid out HB 2950.

The chair recognized Representative Guillen to explain HB 2950.

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

The chair recognized Representative Guillen to close on HB 2950.

HB 2950 was left pending without objection.

HB 3188

The chair laid out HB 3188.

The chair recognized Representative Gervin-Hawkins to explain HB 3188.

Representative Vo offered a complete committee substitute.

The chair recognized Representative Gervin-Hawkins to explain the substitute. 

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

The chair recognized Representative Gervin-Hawkins to close on HB 3188.

The committee substitute was withdrawn without objection.

HB 3188 was left pending without objection.

HB 2469

The chair laid out HB 2469.

The chair recognized Representative Gervin-Hawkins to explain HB 2469 on behalf of Representative Gutierrez.

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

The chair recognized Representative Gervin-Hawkins to close on HB 2469 on behalf of Representative Gutierrez.

HB 2469 was left pending without objection.

At 9:56 a.m., on the motion of the chair and without objection, the meeting was recessed until final adjournment/recess of the House, or, if permission given, during reading and referral of bills.

The committee reconvened at 12:21 p.m. and was called to order by the chair, Representative Murphy.

The quorum call was answered as follows: Representatives Murphy; Vo; Capriglione; Flynn; Gervin-Hawkins; Lambert; and Leach.

A quorum was present.

HB 2458

The chair laid out HB 2458.

The chair recognized Representative Capriglione to explain HB 2458.

Representative Leach offered a complete committee substitute.

The chair recognized Representative Capriglione to explain the substitute.

(Representative Wu now present.)

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

The chair recognized Representative Capriglione to close on HB 2458.

The committee substitute was withdrawn without objection.

HB 2458 was left pending without objection.

(Representative Vo in chair.)

HB 2173

The chair laid out HB 2173.

The chair recognized Representative Murphy to explain HB 2173.

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

The chair recognized Representative Murphy to close on HB 2173.

HB 2173 was left pending without objection.

(Representative Murphy in chair.)

SB 614

The chair laid out SB 614.

Representative Lambert moved that SB 614, 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 Murphy; Vo; Capriglione; Flynn; Gervin-Hawkins; Lambert; Wu (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Gutierrez; Leach; Longoria; Stephenson (4).

(Representative Leach was absent due to legislative business.  He indicated that if he had been present, he would have voted aye.)

SB 726

The chair laid out SB 726.

Representative Gervin-Hawkins moved that SB 726, 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 Murphy; Vo; Capriglione; Flynn; Gervin-Hawkins; Lambert; Wu (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Gutierrez; Leach; Longoria; Stephenson (4).

(Representative Leach was absent due to legislative business.  He indicated that if he had been present, he would have voted aye.)

At 1:22 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. Murphy, Chair

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Laurie McAnally, Clerk