The House Committee on Pensions, Investments & Financial Services

86th Legislature

May 16, 2019

8:00 a.m.

E2.026

Pursuant to a notice posted on May 10, 2019, and a suspension of the 5-day posting rule on May 15, 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 8:04 a.m.

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

A quorum was present.

SB 1570

The chair laid out SB 1570.

(Representative Wu now present.)

The chair recognized Representative White to explain SB 1570.

Representative Lambert offered a complete committee substitute.

The chair recognized Representative White to explain the substitute. 

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

The chair recognized Representative White to close on SB 1570.

The committee substitute was withdrawn without objection.

SB 1570 was left pending without objection.

SB 1689

The chair laid out SB 1689.

The chair recognized Representative Flynn to explain SB 1689.

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

The chair recognized Representative Flynn to close on SB 1689.

SB 1689 was left pending without objection.

SB 42

The chair laid out SB 42.

The chair recognized Representative Ortega to explain SB 42.

(Representative Gervin-Hawkins now present.)

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

(Representative Leach now present.)

The chair recognized Representative Ortega to close on SB 42.

SB 42 was left pending without objection.

SB 2037

The chair laid out SB 2037 as pending business.

Representative Capriglione moved that SB 2037, 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 Murphy; Capriglione; Flynn; Gervin-Hawkins; Lambert; Leach; Longoria; Stephenson; Wu (9).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Vo; Gutierrez (2).

At 9:20 a.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