The House Committee on Pensions, Investments & Financial Services

86th Legislature

April 11, 2019

8:00 a.m.

E2.026

Pursuant to a notice posted on April 5, 2019, the House Committee on Pensions, Investments & Financial Services met in a public hearing and was called to order by the chair, Representative Murphy, at 8:02 a.m.

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

A quorum was present.

(Representative Gervin-Hawkins now present.)

HB 2763

The chair laid out HB 2763.

The chair recognized Representative Flynn to explain HB 2763.

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 2763.

The committee substitute was withdrawn without objection.

HB 2763 was left pending without objection.

HB 2945

The chair laid out HB 2945.

The chair recognized Representative Perez to explain HB 2945.

Representative Gervin-Hawkins offered a complete committee substitute.

The chair recognized Representative Perez to explain the substitute.

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

(Representative Longoria now present.)

The chair recognized Representative Perez to close on HB 2945.

The committee substitute was withdrawn without objection.

HB 2945 was left pending without objection.

(Representative Vo in chair.)

HB 4258

The chair laid out HB 4258.

The chair recognized Representative Murphy to explain HB 4258.

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

The chair recognized Representative Murphy to close on HB 4258.

HB 4258 was left pending without objection.

(Representative Murphy in chair.)

HB 3599

The chair laid out HB 3599.

The chair recognized Representative Huberty to explain HB 3599.

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

The chair recognized Representative Huberty to close on HB 3599.

HB 3599 was left pending without objection.

HB 3373

The chair laid out HB 3373.

HB 3373 was left pending without objection.

HB 2624

The chair laid out HB 2624.

The chair recognized Representative Perez to explain HB 2624.

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

The chair recognized Representative Perez to close on HB 2624.

HB 2624 was left pending without objection.

HB 3373

The chair laid out HB 3373.

The chair recognized Representative Middleton to explain HB 3373.

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

The chair recognized Representative Middleton to close on HB 3373.

HB 3373 was left pending without objection.

HB 2625

The chair laid out HB 2625.

The chair recognized Representative Perez to explain HB 2625.

Representative Longoria offered a complete committee substitute.

The chair recognized Representative Perez to explain the substitute.

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

(Representative Leach now present.)

The chair recognized Representative Perez to close on HB 2625.

The committee substitute was withdrawn without objection.

HB 2625 was left pending without objection.

HB 2282

The chair laid out HB 2282 as pending business.

Representative Leach moved that HB 2282, 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; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (11).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 2636

The chair laid out HB 2636 as pending business.

Representative Wu moved that HB 2636, 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; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (11).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 9

The chair laid out HB 9 as pending business.

Representative Longoria offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Wu moved that HB 9, 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; Gervin-Hawkins; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (11).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 2458

The chair laid out HB 2458 as pending business.

Representative Lambert offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Lambert moved that HB 2458, 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; Gervin-Hawkins; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (11).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 2706

The chair laid out HB 2706 as pending business.

Representative Stephenson offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Stephenson moved that HB 2706, 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; Gervin-Hawkins; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (11).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 2779

The chair laid out HB 2779 as pending business.

Representative Vo moved that HB 2779, 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; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (11).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 3188

The chair laid out HB 3188 as pending business.

Representative Gutierrez offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Gutierrez moved that HB 3188, 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; Gervin-Hawkins; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (11).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        None (0).

HB 3292

The chair laid out HB 3292.

The chair recognized Representative Gutierrez to explain HB 3292.

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

The chair recognized Representative Gutierrez to close on HB 3292.

HB 3292 was left pending without objection.

At 9:57 a.m., on the motion of the chair and without objection, the meeting was recessed until upon final adjournment/recess of the House, or, if permission given, during reading and referral of bills.

The committee reconvened at 5:07 p.m. and was called to order by acting chairman, Representative Vo.

The quorum call was answered as follows: Representatives Vo; Gervin-Hawkins; Lambert; Leach; Longoria; and Stephenson.

A quorum was present.

HB 3522

The chair laid out HB 3522.

The chair recognized Representative Leach to explain HB 3522 on behalf of Representative Murphy.

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

(Representative Wu now present.)

The chair recognized Representative Leach to close on HB 3522 on behalf of Representative Murphy.

HB 3522 was left pending without objection.

(Representative Gutierrez now present.)

HB 877

The chair laid out HB 877.

The chair recognized Representative Oliverson to explain HB 877.

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

The chair recognized Representative Oliverson to close on HB 877.

HB 877 was left pending without objection.

HB 2662

The chair laid out HB 2662.

The chair recognized Representative Paul to explain HB 2662.

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

The chair recognized Representative Paul to close on HB 2662.

HB 2662 was left pending without objection.

HB 3855

The chair laid out HB 3855.

The chair recognized Representative Longoria to explain HB 3855.

(Representative Capriglione now present.)

(Representative Flynn now present.)

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

The chair recognized Representative Longoria to close on HB 3855.

HB 3855 was left pending without objection.

HB 2227

The chair laid out HB 2227.

The chair recognized Representative Wu to explain HB 2227.

Representative Leach offered a complete committee substitute.

The chair recognized Representative Wu to explain the substitute.

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

The chair recognized Representative Wu to close on HB 2227.

The committee substitute was withdrawn without objection.

HB 2227 was left pending without objection.

HB 4452, HJR 143

The chair laid out HB 4452 and HJR 143.

The chair recognized Representative Bonnen, Greg to explain HB 4452 and HJR 143. 

The chair recognized Representative Bonnen, Greg to close on HB 4452 and HJR 143.

HB 4452 and HJR 143 were left pending without objection.

HB 2629

The chair laid out HB 2629.

The chair recognized Representative Flynn to explain HB 2629.

Representative Leach 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 2629.

The committee substitute was withdrawn without objection.

HB 2629 was left pending without objection.

At 6:04 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