The House Committee on Pensions, Investments & Financial Services

86th Legislature

April 18, 2019

8:00 a.m.

E2.026

Pursuant to a notice posted on April 12, 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 8:03 a.m.

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

A quorum was present.

HB 2178

The chair laid out HB 2178.

The chair recognized Representative Noble to explain HB 2178.

(Representative Stephenson now present.)

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

(Representative Capriglione now present.)

The chair recognized Representative Noble to close on HB 2178.

HB 2178 was left pending without objection.

HB 4222

The chair laid out HB 4222.

The chair recognized Representative Reynolds to explain HB 4222.

Representative Leach offered a complete committee substitute.

The chair recognized Representative Reynolds to explain the substitute. 

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

(Representative Wu now present.)

The chair recognized Representative Reynolds to close on HB 4222.

The committee substitute was withdrawn without objection.

HB 4222 was left pending without objection.

HB 4519

The chair laid out HB 4519.

The chair recognized Representative King, Ken to explain HB 4519.

Representative Gervin-Hawkins offered a complete committee substitute.

The chair recognized Representative King, Ken to explain the substitute.

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

The chair recognized Representative King, Ken to close on HB 4519.

The committee substitute was withdrawn without objection.

HB 4519 was left pending without objection.

At 8:56 a.m., on the motion of the chair and without objection, the meeting was recessed until upon final adjourn./recess, or, if permission given, during reading and referral of bills.

The committee reconvened at 12:29 p.m. and was called to order by the chair, Representative Murphy.

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

A quorum was present.

HB 3872

The chair laid out HB 3872.

The chair recognized Representative Longoria to explain HB 3872.

Representative Vo offered a complete committee substitute.

The chair recognized Representative Longoria to explain the substitute.

(Representative Wu now present.)

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

(Representative Leach now present.)

(Representative Capriglione now present.)

The chair recognized Representative Longoria to close on HB 3872.

The committee substitute was withdrawn without objection.

HB 3872 was left pending without objection.

(Representative Vo in chair.)

HB 4388

The chair laid out HB 4388.

The chair recognized Representative Murphy to explain HB 4388.

Representative Flynn offered a complete committee substitute.

The chair recognized Representative Murphy to explain the substitute.

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

The chair recognized Representative Murphy to close on HB 4388.

The committee substitute was adopted without objection.

Representative Leach moved that HB 4388, 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; Gutierrez; Lambert; Leach; Longoria; Wu (9).

Nays:                           None (0).

Present, Not Voting:   None (0).

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

(Representative Murphy in chair.)

(Representative Gervin-Hawkins now present.)

SB 1823

The chair laid out SB 1823.

Representative Gutierrez offered a complete committee substitute.

(Representative Stephenson now present.)

The committee substitute was adopted without objection.

Representative Stephenson moved that SB 1823, 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 1731

The chair laid out HB 1731 as pending business.

Representative Vo offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Lambert moved that HB 1731, 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 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 2639

The chair laid out HB 2639 as pending business.

Representative Capriglione offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Capriglione moved that HB 2639, 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; Gutierrez; Lambert; Leach; Longoria; Stephenson; Wu (10).

Nays:                           None (0).

Present, Not Voting:   Representative Gervin-Hawkins (1).

Absent:                        None (0).

HB 2227

The chair laid out HB 2227 as pending business.

Representative Longoria offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Flynn moved that HB 2227, 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 3855

The chair laid out HB 3855 as pending business.

Representative Wu moved that HB 3855, 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 2367

The chair laid out HB 2367.

The chair recognized Representative Bonnen, Greg to explain HB 2367.

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

The chair recognized Representative Bonnen, Greg to close on HB 2367.

HB 2367 was left pending without objection.

HB 3985

The chair laid out HB 3985.

The chair recognized Representative Leach to explain HB 3985.

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

The chair recognized Representative Leach to close on HB 3985.

HB 3985 was left pending without objection.

HB 3945

The chair laid out HB 3945.

The chair recognized Representative Parker to explain HB 3945.

Representative Leach offered a complete committee substitute.

The chair recognized Representative Parker to explain the substitute.

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

The chair recognized Representative Parker to close on HB 3945.

The committee substitute was withdrawn without objection.

HB 3945 was left pending without objection.

HB 4517

The chair laid out HB 4517.

The chair recognized Representative Parker to explain HB 4517.

Representative Gervin-Hawkins offered a complete committee substitute.

The chair recognized Representative Parker to explain the substitute.

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

The chair recognized Representative Parker to close on HB 4517.

The committee substitute was withdrawn without objection.

HB 4517 was left pending without objection.

HB 3130

The chair laid out HB 3130.

The chair recognized Representative Middleton to explain HB 3130.

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

The chair recognized Representative Middleton to close on HB 3130.

HB 3130 was left pending without objection.

(Representative Gutierrez in chair.)

HB 2525

The chair laid out HB 2525.

The chair recognized Representative Murphy to explain HB 2525 on behalf of Representative Burrows.

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

The chair recognized Representative Murphy to close on HB 2525 on behalf of Representative Burrows.

HB 2525 was left pending without objection.

(Representative Murphy in chair.)

At 1:50 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