The House Committee on Investments & Financial Services

83rd Legislature

April 22, 2013

12:30 p.m. or upon final adjourn./recess

E2.030

Pursuant to a notice posted on April 17, 2013, revised on April 22, 2013, and permission granted on April 22, 2013, to meet while the House was in session, the House Committee on Investments & Financial Services met in a public hearing and was called to order by the chair, Representative Villarreal, at 5:04 p.m.

The initial quorum call was answered as follows: Representatives Villarreal; Flynn; Burkett; Laubenberg; and Phillips.

A quorum was present.

HB 1575

The chair laid out HB 1575.

The chair recognized Representative Zedler to explain HB 1575.

(Representative Longoria now present.)

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

The chair recognized Representative Zedler to close on HB 1575.

HB 1575 was left pending without objection.

SB 581

The chair laid out and explained SB 581.

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

(Representative Anderson now present.)

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

The chair closed on SB 581.

SB 581 was left pending without objection.

SJR 18

The chair laid out and explained SJR 18.

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

The chair closed on SJR 18.

SJR 18 was left pending without objection.

HB 2864

The chair laid out HB 2864.

The chair recognized Representative Carter to explain HB 2864.

The chair offered a complete committee substitute.

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

(Representative Burkett in chair.)

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

(Representative Villarreal in chair.)

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

(Representative Flynn in chair.)

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

The chair recognized Representative Carter to close on HB 2864.

(Representative Villarreal in chair.)

The committee substitute was withdrawn without objection.

HB 2864 was left pending without objection.

HB 2879

The chair laid out HB 2879 as pending business.

Representative Laubenberg offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Laubenberg moved that HB 2879, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

SB 192

The chair laid out SB 192 as pending business.

The chair moved that SB 192, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

SB 230

The chair laid out SB 230 as pending business.

The chair moved that SB 230, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

SB 297

The chair laid out SB 297 as pending business.

The chair moved that SB 297, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

SB 661

The chair laid out SB 661 as pending business.

The chair moved that SB 661, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

SB 804

The chair laid out SB 804 as pending business.

The chair moved that SB 804, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

SB 1008

The chair laid out SB 1008 as pending business.

The chair moved that SB 1008, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

SB 1248

The chair laid out SB 1248 as pending business.

The chair moved that SB 1248, 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 Villarreal; Flynn; Anderson; Burkett; Laubenberg; Longoria (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Phillips (1).

At 7:43 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. Villarreal, Chair

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Rudy England, Clerk