The House Committee on Pensions, Investments & Financial Services

89th Legislature

April 24, 2025

9:30 a.m.

Agricultural Museum, 1W.14

Pursuant to a notice posted on April 23, 2025, the House Committee on Pensions, Investments & Financial Services met in a formal meeting and was called to order by the chair, Representative Lambert, at 9:31 a.m.

The initial quorum call was answered as follows: Representatives Lambert; Plesa; Bumgarner; Hayes; and Schoolcraft.

A quorum was present.

SB 1737

The chair laid out SB 1737 as pending business.

The chair moved that SB 1737, 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 Lambert; Plesa; Bumgarner; Hayes; Schoolcraft (5).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Bryant; Garcia, Linda; Holt; Vo (4).

SB 2065

The chair laid out SB 2065 as pending business. This is the Senate companion to House Bill 4736, by Chairman Bonnen.

(Representative Bryant now present.)

The chair moved that SB 2065, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Schoolcraft (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Holt; Vo (3).

HJR 175

The chair laid out HJR 175 as pending business.

Representative Hayes offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Bumgarner moved that HJR 175, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Schoolcraft (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Holt; Vo (3).

HB 700

The chair laid out HB 700 as pending business.

Representative Hayes offered a complete committee substitute.

The committee substitute was adopted without objection.

Representative Bryant moved that HB 700, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes (5).

Nays:                           Representative Schoolcraft (1).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Holt; Vo (3).

HB 886

The chair laid out HB 886 as pending business.

Representative Bryant moved that HB 886, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Schoolcraft (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Holt; Vo (3).

HB 2802

The chair laid out HB 2802 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that HB 2802, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Schoolcraft (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Holt; Vo (3).

HB 2688

The chair laid out HB 2688 as pending business.

Representative Schoolcraft offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that HB 2688, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Schoolcraft (6).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Holt; Vo (3).

HB 5627

The chair laid out HB 5627 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

(Representative Holt now present.)

The chair moved that HB 5627, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Holt (6).

Nays:                           Representative Schoolcraft (1).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Vo (2).

HB 4853

The chair laid out HB 4853 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that HB 4853, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Holt; Schoolcraft (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Vo (2).

HB 4534

The chair laid out HB 4534 as pending business.

Representative Bumgarner offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that HB 4534, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Holt; Schoolcraft (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Vo (2).

HB 3161

The chair laid out HB 3161 as pending business.

The chair moved that HB 3161, 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 Lambert; Plesa; Bryant; Bumgarner; Hayes; Holt; Schoolcraft (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Garcia, Linda; Vo (2).

At 9:48 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. Lambert, Chair

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Madison Cooper, Clerk