The House Committee on Pensions, Investments & Financial Services

89th Legislature

May 7, 2025

upon lunch recess

House Chamber, Desk # 2

Pursuant to an announcement from the house floor on May 7, 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 12:50 p.m.

The initial quorum call was answered as follows: Representatives Lambert; Bryant; Bumgarner; Garcia, Linda; Holt; Schoolcraft; and Vo.

A quorum was present.

HB 1342

The chair laid out HB 1342.

The chair moved that HB 1342, 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; Bryant; Bumgarner; Garcia, Linda; Holt; Schoolcraft; Vo (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Plesa; Hayes (2).

HB 3254

The chair laid out HB 3254 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

The chair moved that HB 3254, 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; Bryant; Bumgarner; Garcia, Linda; Holt; Schoolcraft; Vo (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Plesa; Hayes (2).

HJR 40

The chair laid out HJR 40 as pending business.

Representative Holt moved that HJR 40, 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; Bryant; Bumgarner; Garcia, Linda; Holt; Schoolcraft; Vo (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Plesa; Hayes (2).

SB 2371

The chair laid out SB 2371 as pending business. This is the Senate companion to House Bill 4853.

The chair moved that SB 2371, 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; Bryant; Bumgarner; Garcia, Linda; Holt; Schoolcraft; Vo (7).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representatives Plesa; Hayes (2).

HB 4820

The chair laid out HB 4820 as pending business.

The chair offered a complete committee substitute.

The committee substitute was adopted without objection.

(Representative Hayes now present.)

The chair moved that HB 4820, 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; Bryant; Bumgarner; Garcia, Linda; Hayes; Holt; Schoolcraft; Vo (8).

Nays:                           None (0).

Present, Not Voting:   None (0).

Absent:                        Representative Plesa (1).

At 12:59 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. Lambert, Chair

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Madison Cooper, Clerk