The House Committee on Pensions & Investments 
         79th Legislature 
         March 1, 2005 
         8:00 a.m. 
         Capitol Extension, E2.030 
          
         Pursuant to a notice posted on February 24, 2005, the House  
         Committee on Pensions & Investments met in a public hearing and  
         was called to order by the chair, Representative Eiland, at 8:13  
         a.m. 
          
         The roll was answered as follows: 
          
         Present:   Representatives Eiland; Flynn; McClendon; Griggs;  
                    Straus (5). 
          
         Absent:    Representatives Krusee; Rodriguez (2). 
          
         A quorum was present. 
          
         The chair directed that the February 24, 2005, minutes for the  
         House Committee on Pensions & Investments be corrected. The  
         corrected minutes were authorized without objection. 
          
         (Representative Krusee now present.) 
          
         HB70 
          
         The chair laid out HB70. 
          
         The chair recognized Representative McClendon to explain the  
         measure.  
          
         HB939 and HB1114 
          
         The chair laid out HB939. 
          
         The chair recognized Representative Nixon to explain the  
         measure.  
          
         The chair laid out HB1114. 
          
         The chair recognized Representative Nixon to explain the  
         measure.  
          
         Testimony was taken. (See attached witness list.) 
          
         The chair recognized Representative Nixon to close on the  
         measures.  
          
         The bills were left pending without objection.  
          
         HB70  
 
          Testimony was taken. (See attached witness list) 
          
         The chair recognized Representative McClendon to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB330 
          
         The chair laid out HB330. 
          
         The chair recognized Representative Berman to explain the  
         measure. 
          
         (Representative Flynn in chair.) 
          
         Representative Griggs offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Berman to close on the  
         measure.  
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         (Representative Griggs in chair.) 
          
         HB829 
          
         The chair laid out HB829. 
          
         The chair recognized Representative Flynn to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Flynn to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         (Representative Flynn in chair.) 
          
         Invited Testimony 
          
         Testimony was taken from the Texas State Securities Board.  (See  
         attached witness list.) 
 
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         House Committee on Pensions & Investments 
         3/1/2005 
          
         (Representative Rodriguez now present.) 
           
         HB633 
          
         The chair laid out HB633 as pending business.  
          
         Testimony was taken.  (See attached witness list.) 
          
         Representative Flynn moved that HB633, 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 Flynn; McClendon; Griggs; Straus  
                         (4). 
          
         Nays:           None (0). 
          
         Present, Not Voting:     None  (0). 
          
         Absent:         Representatives Eiland; Krusee; Rodriguez  (3). 
          
         At 9:48 a.m., on the motion of Representative Griggs and without  
                         objection, the meeting was  
         adjourned subject to the call of the chair. 
          
         ________________________ 
         Rep. Eiland, Chair 
          
         ________________________ 
         Jim Sheer, Clerk 
          
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         House Committee on Pensions & Investments 
         3/1/2005 
          
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