The House Committee on Pensions, Investments & Financial Services

88th Legislature

April 5, 2023

8:00 a.m.

E2.014

Pursuant to a notice posted on March 31, 2023, revised on April 4, 2023, the House Committee on Pensions, Investments & Financial Services met in a public hearing and was called to order by the chair, Representative Capriglione, at 8:00 a.m.

The initial quorum call was answered as follows: Representatives Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; VanDeaver; and Vo.

A quorum was present.

HB 2464

The chair laid out HB 2464 as pending business.

The chair moved that HB 2464, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; VanDeaver; Vo (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Frazier; Plesa (2).

HB 2649

The chair laid out HB 2649 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that HB 2649, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; VanDeaver; Vo (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Frazier; Plesa (2).

HB 3340

The chair laid out HB 3340 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

(Representative Plesa now present.)

The chair moved that HB 3340, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HB 3574

The chair laid out HB 3574 as pending business.

The chair moved that HB 3574, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HB 3575

The chair laid out HB 3575 as pending business.

The chair moved that HB 3575, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HB 3576

The chair laid out HB 3576 as pending business.

The chair moved that HB 3576, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HB 3865

The chair laid out HB 3865 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that HB 3865, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HB 4034

The chair laid out HB 4034 as pending business.

The chair moved that HB 4034, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HB 4471

The chair laid out HB 4471 as pending business.

The chair moved that HB 4471, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HJR 79

The chair laid out HJR 79 as pending business.

The chair moved that HJR 79, 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 Capriglione; Lambert; Bhojani; Bryant; Leo-Wilson; Plesa; VanDeaver; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Frazier (1).

HB 3813

The chair laid out HB 3813.

The chair recognized Representative DeAyala to explain HB 3813.

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

The chair recognized Representative DeAyala to close on HB 3813.

HB 3813 was left pending without objection.

HB 2746

The chair laid out HB 2746.

The chair recognized Representative Thompson, Ed to explain HB 2746.

The chair offered a complete committee substitute.

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

The chair recognized Representative Thompson, Ed to close on HB 2746.

The committee substitute was withdrawn without objection.

HB 2746 was left pending without objection.

HB 3275

The chair laid out HB 3275.

The chair recognized Representative Lambert to explain HB 3275.

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

The chair recognized Representative Lambert to close on HB 3275.

HB 3275 was left pending without objection.

HB 3097

The chair laid out HB 3097.

The chair recognized Representative Leo-Wilson to explain HB 3097.

The chair offered a complete committee substitute.

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

The chair recognized Representative Leo-Wilson to close on HB 3097.

The committee substitute was withdrawn without objection.

HB 3097 was left pending without objection.

HB 2382

The chair laid out HB 2382.

The chair recognized Representative Thompson, Senfronia to explain HB 2382.

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

The chair recognized Representative Thompson, Senfronia to close on HB 2382.

HB 2382 was left pending without objection.

HB 4540

The chair laid out HB 4540.

The chair recognized Representative Longoria to explain HB 4540.

The chair offered a complete committee substitute.

(Representative Frazier now present.)

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

The chair recognized Representative Longoria to close on HB 4540.

The committee substitute was withdrawn without objection.

HB 4540 was left pending without objection.

HB 2807

The chair laid out HB 2807.

The chair recognized Representative Raymond to explain HB 2807.

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

The chair recognized Representative Raymond to close on HB 2807.

HB 2807 was left pending without objection.

HB 4653

The chair laid out HB 4653.

The chair recognized Representative Anchía to explain HB 4653.

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

The chair recognized Representative Anchía to close on HB 4653.

HB 4653 was left pending without objection.

HB 3252

The chair laid out HB 3252.

The chair recognized Representative Meza to explain HB 3252.

The chair offered a complete committee substitute.

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

The chair recognized Representative Meza to close on HB 3252.

The committee substitute was withdrawn without objection.

HB 3252 was left pending without objection.

At 9:46 a.m., on the motion of the chair and without objection, the meeting was recessed until 1:30 p.m. or upon final adjourn./recess.

The committee reconvened at 1:39 p.m. and was called to order by the chair, Representative Capriglione.

The quorum call was answered as follows: Representatives Capriglione; Bhojani; Leo-Wilson; Plesa; and Vo.

A quorum was present.

HB 1766

The chair laid out HB 1766.

The chair recognized Representative Darby to explain HB 1766.

(Representative Lambert now present.)

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

(Representative Bryant now present.)

(Representative Frazier now present.)

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

The chair recognized Representative Darby to close on HB 1766.

HB 1766 was left pending without objection.

HB 4082

The chair laid out HB 4082.

The chair recognized Representative Goldman to explain HB 4082.

The chair offered a complete committee substitute.

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

The chair recognized Representative Goldman to close on HB 4082.

The committee substitute was withdrawn without objection.

HB 4082 was left pending without objection.

HB 2837

The chair laid out HB 2837.

The chair recognized Representative Schaefer to explain HB 2837.

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

The chair recognized Representative Schaefer to close on HB 2837.

HB 2837 was left pending without objection.

HB 187

The chair laid out HB 187.

The chair recognized Representative Landgraf to explain HB 187.

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

The chair recognized Representative Landgraf to close on HB 187.

HB 187 was left pending without objection.

HB 225

The chair laid out HB 225.

The chair recognized Representative Murr to explain HB 225.

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

(Representative Lambert in chair.)

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

(Representative Capriglione in chair.)

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

The chair recognized Representative Murr to close on HB 225.

HB 225 was left pending without objection.

HB 3899

The chair laid out HB 3899.

The chair recognized Representative Troxclair to explain HB 3899.

The chair offered a complete committee substitute.

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

(Representative Lambert in chair.)

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

(Representative Capriglione in chair.)

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

The chair recognized Representative Troxclair to close on HB 3899.

The committee substitute was withdrawn without objection.

HB 3899 was left pending without objection.

HB 1489

The chair laid out HB 1489.

The chair recognized Representative Tepper to explain HB 1489.

The chair offered a complete committee substitute.

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

The chair recognized Representative Tepper to close on HB 1489.

The committee substitute was withdrawn without objection.

HB 1489 was left pending without objection.

(Representative Lambert in chair.)

HB 3395

The chair laid out HB 3395.

The chair recognized Representative Capriglione to explain HB 3395.

Representative Frazier offered a complete committee substitute.

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

The chair recognized Representative Capriglione to close on HB 3395.

The committee substitute was withdrawn without objection.

HB 3395 was left pending without objection.

(Representative Capriglione in chair.)

HB 4359

The chair laid out HB 4359.

The chair recognized Representative Frazier to explain HB 4359.

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

The chair recognized Representative Frazier to close on HB 4359.

HB 4359 was left pending without objection.

At 8:58 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. Capriglione, Chair

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Katy Aldredge, Clerk