Transcript Highlights:

• I'm Captain Jeff Headley with the Texas Financial Crimes Intelligence Center, and I'm here to support
• to supporting Texas families.
• And this is why you're in support of this bill.
• Center, and I'm here to express my strong support for House Bill 272.
• This bill directly supports our mission to disrupt financial crime networks, protect Texas consumers,

Bills: HB201, HB272, HB618, HB1094, HB1142

Keywords: financial crime, card fraud, motor fuel theft, law enforcement, criminal activity, skimmers, prevention, training, credit card fraud, debit card fraud, prosecution, illegal possession, state law, transportation protection agreement, funeral services, insurance exemption, regulation, deceased transportation, mental health, substance use disorders

Summary: The meeting of the Committee on Pensions, Investments, and Financial Services convened to discuss various bills aimed at enhancing financial governance and protections in Texas. Notably, Representative Perez laid out House Bill 201, which proposes expanding the scope of the Financial Crimes Intelligence Center to combat organized financial crimes, such as motor fuel theft. This bill garnered significant support from witnesses, including Captain Jeff Headley from the Financial Crimes Intelligence Center, who highlighted the urgent need for legislative measures to address increasing thefts that impact both consumers and state revenue. Subsequently, testimony from several members elucidated the impact of these crimes, emphasizing their detrimental effects on Texas' economic stability. The committee members expressed their interest in the advancements in tackling such issues through the proposed legislation.

Bills: SB312, SB945, SB946, SB1367, SB1861, SB2044, SB2337, SB2403, SB2819, SJR54

Keywords: public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, public retirement systems, fiduciary responsibility, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions

Summary: The Committee on State Affairs convened to address significant issues surrounding the state's public pension investments and the involvement of major financial services firms. Notably, Senator Bettencourt proposed a motion to issue subpoenas to compel testimony from BlackRock and State Street Corporation regarding their investment practices that impact Texas's public pension funds. This motion sparked discussions about accountability and transparency in investment practices, leading to a unanimous vote in favor of the motion. The committee emphasized the importance of testimony from these companies, recognizing that the subpoena power is a rare but necessary tool in legislative oversight.

Transcript Highlights:

• data-time="0"> The Committee on Pensions, Investments, and Financial
• I'm here in support of HB4061.
• And that's really why I'm supporting the ability to have options in credit cards.
• Any financial institution, big or small, can join in this system and participate.
• Have you even seen the financial reports for Visa?

Bills: HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175

Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance

Summary: The meeting exhibited a heated discussion on the implications of House Bills 4124, 4061, and 40. Chairman Darby emphasized the importance of reducing credit card swipe fees that adversely affect small businesses in Texas, presenting HB 4124, which aims to exempt sales tax and gratuities from being subject to these fees. Various witnesses, including representatives from the Texas Retailers Association and the National Restaurant Association, supported HB 4124, arguing that it would alleviate financial burdens on local businesses and promote economic fairness. However, several opposing voices raised concerns regarding potential complications and regulatory hurdles that could complicate the business landscape further.

Transcript Highlights:

• Thank you again for your support.
• savings and supporting financial ability across our Texas
• We definitely are in support.
• I fully support that goal of supporting in-state institutions.
• I'm here in support.

Bills: HB245, HB700, HB2783, HB3526, HB3900, HB4061, HB4124, HB4166, HB4395, HB4534, HB4609, HB4641, HB4736, HB4738, HB4739, HB4945, HB5015, HJR175

Keywords: military service, retirement, law enforcement, custodial officer, Employees Retirement System, commercial financing, brokers, registration, disclosures, finance, consumer protection, fees, deferred compensation, automatic participation, county employees, payroll deductions, retirement plans, fiscal transparency, local government, bond issuance

Summary: The meeting involved extensive discussions around several house bills, with notable emphasis on HB700, which aims to increase transparency in the merchant cash advance (MCA) sector. Representative McQueen provided a detailed explanation of the issues small business owners face due to aggressive tactics and lack of regulation in this area. The committee also examined HB4609, which focuses on updating the Texas Municipal Retirement System (TMRS) benefits to provide clearer options for cities regarding cost-of-living adjustments (COLA), allowing cities to offer retirement benefits in a more flexible and informed manner. Additionally, the meeting featured a strong public testimony segment, where witnesses voiced their support and concerns, especially regarding the implications of digital currencies framed in HB703.

Bills: SJR27, SJR39, SB22, SB33, SB34, SB37, SB209, SB310, SB326, SB505, SB605, SB618, SB732, SB762, SB769, SB783, SB819, SB825, SB870, SB964, SB1030, SB1080, SB1085, SB1099, SB1124, SB1208, SB1233, SB1314, SB1320, SB1333, SB1398, SB1405, SB1541, SB1567, SB1596, SB1598, SB1625, SB1646, SB1662, SB1750, SB1758, SB1791, SB1804, SB1810, SB1818, SB1838, SB1855, SB1869, SB1951, SB2024, SB2077, SB2078, SB2252, SB2253, SB2368, SB2411, SB2420, SB2425, SB2569

Keywords: judicial conduct, state commission, judicial misconduct, commission membership, constitutional amendment, constitutional amendment, veto override, legislature power, governor, Texas Constitution, Texas, moving image industry, incentive program, film production, grant funding, job creation, economic development, higher education, curriculum review, governing board

Summary: The meeting was convened to discuss several legislative measures, including important constitutional amendments such as SJR27, which proposes changes to the membership and authority of the State Commission on Judicial Conduct. The provision aims to enhance public oversight of judicial conduct and eliminate the ability for the commission to issue private sanctions against judges. Following extensive debate, the amendment proposed by Senator Huffman to increase public membership was adopted, leading to the eventual passage of the resolution with a vote count of 27 to 4. Members expressed support for greater transparency within the judicial system.

Transcript Highlights:

• predominantly African-American college-educated women whose purpose is to provide assistance and support
• The issue though is that you can be against anti-Semitism but not necessarily be supportive of the actions
• may expand by amending their charter agreement unless they do not meet the general academic and financial
• However, due to the way these academic and financial criteria...
• However, current financial and academic accountability systems did not catch these violations.

Bills: SJR27, SJR39, SB22, SB33, SB34, SB37, SB209, SB310, SB326, SB505, SB605, SB618, SB732, SB762, SB769, SB783, SB819, SB825, SB870, SB964, SB1030, SB1080, SB1085, SB1099, SB1124, SB1208, SB1233, SB1314, SB1320, SB1333, SB1398, SB1405, SB1541, SB1567, SB1596, SB1598, SB1625, SB1646, SB1662, SB1750, SB1758, SB1791, SB1804, SB1810, SB1818, SB1838, SB1855, SB1869, SB1951, SB2024, SB2077, SB2078, SB2252, SB2253, SB2368, SB2411, SB2420, SB2425, SB2569

Keywords: judicial conduct, state commission, judicial misconduct, commission membership, constitutional amendment, constitutional amendment, veto override, legislature power, governor, Texas Constitution, Texas, moving image industry, incentive program, film production, grant funding, job creation, economic development, higher education, curriculum review, governing board

Summary: The meeting was centered around a series of bills, with notable discussions on SB1810, which mandates transparency in title insurance premium rates and SB1320, which establishes an Organized Oilfield Theft Prevention Unit. Senators engaged in thorough debates over the implications of these bills, including the collection and publication of industry data to enhance accountability. The committee also addressed concerns about charter school expansions and their oversight, notably through SB605, aimed at regulating charter schools more stringently based on their academic and financial performance. Ultimately, most bills were passed with a majority consensus among committee members, showcasing a collaborative effort to improve legislative processes in Texas.

Transcript Highlights:

• , but not 100 percent self-supporting.
• for supporting business and innovation in financial services
• , and urge you to support HB2043.
• Supporting responsible innovation in financial services and encouraging sound public policy is a core
• supports HB2043 to legally differentiate EWA from legacy financial loans.

Bills: HB1453, HB1718, HB2043, HB2207, HB2798

Keywords: local governments, anticipation notes, certificates of obligation, public works, flood control, local governments, anticipation notes, certificates of obligation, public works, flood control, financial management, local government, anticipation notes, certificates of obligation, municipal financing, public works, private activity bonds, closing definition, real estate finance, bond issuance

Summary: The meeting of the committee involved discussions surrounding multiple bills focusing on financial legislation, including crucial developments related to certificates of obligation (COs). Representative Tepper presented HB1453, which aimed to increase voter input regarding local government debt issuance and address growing concerns about financial accountability. The discussions highlighted the recent trends in CO debt, particularly in areas like El Paso, which has seen a dramatic rise in local government debt without direct voter approval. Several members voiced their support and concerns regarding the bill's implications for taxpayer rights and community involvement in financial decision-making.

Transcript Highlights:

• HB 4421 supports peer organizations in Texas. I move passage.
• support this bill as well.
• If you want to support, then you would say, 'Yes, I do support this project.'
• Do you support it or not support it? And it describes what the type of it is.
• I support your bill.

Bills: HJR73, HB31, HB279, HB370, HB4768, HB513, HB875, HB982, HB1085, HB2677, HB2874, HB5478, HB4880, HB4798, HB4514, HB4958, HB4508, HB3758, HB3830, HB3744, HB3622, HB741, HB2204, HB2860, HB4659, HB4578, HB813, HB712, HB1551, HB2790, HB2698, HB3365, HB3504, HB3118, HB2959, HB1862, HB1026, HB4401, HB4164, HB3920, HB4737, HB4966, HB4967, HB1958, HB4979, HB5459, HB3862, HB1823, HB4415, HB4893, HB2343, HB1228, HB4337, HCR141, SB250, SB1883, SB617, SB2411, SB2306, SB2929, SB552, SCR27, HJR218, HB168, HB2545, HB5436, HB4926, HB5165, HB4811, HB4755, HB3179, HB4310, HB4611, HB3637, HB3153, HB2786, HB2966, HB2159, HB5081, HB638, HB640, HB876, HB4809, HB5308, HB4687, HB5623, HB4412, HB3284, HB3420, HB3449, HB4098, HB4281, HB4120, HB4504, HB4370, HB4421, HB1106, HB4070, HB2370, HB2407, HB2253, HB2273, HB2040, HB1586, HB3788, HB3993, HB4690, HB4696, HB2308, HB1142, HB1533, HB1621, HB2242, HB2012, HB2193, HB2464, HB2348, HB2313, HB2289, HB1942, HB2011, HB1629, HB2993, HB3592, HB4076, HB4623, HB4535, HB4327, HB4520, HB3824, HB4921, HB2494, HB3066, HJR112, HB2695, HB3138, HB2442, HB3863, HJR73, HB4773, HB1091, HB5115, HB5515, HB3372, HB5659, HB127, HB386, HB115, HB2868, HB1249, HB4766, HB3720, HB4656, HB4879, HB105, HB5383, HB4621, HB5431, HB5678, HB5534, HB4174, HB4212, HB3954, HB3966, HB3636, HB3918, HB1422, HB4765, HB4732, HB4742, HB5122, HB4518, HB5084, HB3986, HB4045, HB4144, HB3911, HB3976, HB4473, HB3425, HB3641, HB3642, HB3475, HB3509, HB3424, HB3383, HB4744, HB4531, HB4539, HB3159, HB5228, HB5370, HB4359, HB4398, HB4443, HB4466, HB3861, HB3849, HB4240, HB4706, HB4685, HB5354, HB5141, HB5686, HB3629, HB3554, HB3567, HB2015, HB3575, HB5381, HB1431, HB3514, HB4614, HB4546, HB4683, HB5681, HB5673, HB5663, HB4271, HB4350, HB4035, HB3807, HB3812, HB3552, HB3540, HB3715, HB3710, HB3664, HB4196, HB4233, HB4173, HB1998, HB3333, HB3510, HB4222, HB2070, HB2854, HB2347, HB113, HB983, HB4847, HB1449, HB3833, HB5151, HB265, HB1845, HB782, HB108, HB1960, HB158, HB1954, HB1955, HB2512, HB605, HB2581, HB2803, HB627, HB2667, HB1738, HB636, HB3679, HB2638, HB2655, HB871, HB2438, HB1107, HB1765, HB1822, HB2153, HB4099, HB3732, HB3171, HB3178, HB3182, HB3749, HB2814, HB3977, HB4204, HB4207, HB4449, HB1820, HB1876, HB1939, HB1347, HB2593, HB2136, HB2132, HB2658, HB2413, HB2757, HB2080, HB3154, HB3063, HB3009, HB3448, HB3006, HB2844, HB3241, HB3680, HB3169, HB2078, HB2507, HB4559, HB3946, HB3460, HB3405, HB475, HB3463, HB3441, HB3520, HB2060, HB4731, HB4991, HB1991, HB5596, HB2014, HB2142, HB2673, HB2731, HB2417, HB2399, HB2301, HB3335, HB3234, HB3320, HB5573, HB4848, HB4748, HB4769, HB4795, HB2086, HB2234, HB2203, HB4916, HB5624, HB4505, HB139, HB5093, HB5302, HB5402, HB5606, HB2333, HB4630, HB4701, HB2583, HB2983, HB4924, HB3339, HB3793, HB3631, HB4882, HB5509, HB5499, HB5430, HB5561, HB5611, HB5043, HB5064, HB3733, HB3781, HB3219, HB32, HB4515, HB5348, HB3902, HB4420, HB3269, HB469, HB336, HB316, HB5396, HB993, HB1342, HB5216, HB2046, HB2188, HB2450, HB2813, HB2857, HB4075, HB2911, HB4682, HB3117, HB3253, HB3442, HB4820, HB4336, HB5356, HB3669, HB3428, HB5465, HB3662, HB2590, HB2288, HB1886, HB3458, HB5603, HB5620, HB1489, HB4101, HB4990, HB5685, HB4950, HB4980, HB5684, HB3507, HB3566, HB4487, HB4462, HB4876, HB4915, HB4663, HB5570, HB2929, HB5261, HB2920, HB4642, HB4746, HB1609, HB5403, HB5453, HB3844, HB2336, HB1572, HB1226, HB2806, HB2617, HB2827, HB3948, HB3945, HB4266, HB4542, HB3319, HB1772, HB2496, HB1970, HB3434, HB5545, HB5577, HB31, HB279, HB370, HB4768, HB513, HB875, HB982, HB1085, HB2677, HB2874, HB5478, HB4880, HB4798, HB4514, HB4958, HB4508, HB3758, HB3830, HB3744, HB3622, HB741, HB2204, HB2860, HB4659, HB4578, HB813, HB712, HB1551, HB2790, HB2698, HB3365, HB3504, HB3118, HB2959, HB1862, HB1026, HB4401, HB4164, HB3920, HB4737, HB4966, HB4967, HB1958, HB4979, HB5459, HB3862, HB1823, HB4415, HB4893, HB2343, HB1228, HB4337, HCR76, HCR127, HCR9, HCR40, HCR118, HR559, HCR59, HCR135, HCR141

Keywords: ad valorem tax, property tax, tax limitation, elderly, disabled, low-income, homestead exemption, constitutional amendment, juvenile justice, community supervision, felony offenses, treatment of children, juvenile facilities, chemical dispensing device, solitary confinement, rehabilitation, criminal proceedings, animal welfare, community supervision, education

Summary: The meeting focused on discussions around various bills aimed at improving regulations and services in the state. A notable highlight was the consideration of HB5228, which was presented by Representative Ward Johnson, aimed at enhancing the accuracy of data collection for law enforcement without imposing additional burdens on local agencies. The bill was praised for its potential to streamline reporting processes. Additionally, the committee addressed HB5678, which sought to create a new municipal management district with the authority to issue bonds and impose assessments. This bill also passed with significant support, further indicating a favorable climate for local governance initiatives.

Transcript Highlights:

• However, what Bell County supports is also...
• The impact and our support...
• We are here in support of this bill.
• As I said, I have support.
• I'm here to support the continuation of the bill.

Bills: SB524, SB782, HB42, HB1056, HB2894, HB3033, HB3474, HB3594, HB4738, HB5246

Keywords: severance tax, oil, gas, restimulation wells, tax exemption, civil penalty, hydrocarbons, Texas Railroad Commission, higher education, funding, financial allocation, state budget, Texas A&M University, University of Houston, education funding, gold standard, legal tender, currency, transactional currency, financial transactions

Summary: The meeting covered multiple bills, primarily focusing on House Bill 2802, which relates to the Austin Firefighter Retirement Fund Pension, and House Bill 1056 regarding the establishment of gold and silver as legal tender in Texas. Senator Schwartner introduced several committee substitutes aimed at improving provisions in these bills, with the committee discussing amendments and seeking public testimony on the implications of these changes. Notably, the discussion highlighted varying perspectives on the use of gold as a currency and its constitutional implications, eliciting significant public and legislative engagement.

Transcript Highlights:

• guardians feel supported.
• If the deceased parent was their sole source of financial support, the child may have no other means
• them to pay the child support for that child.
• The child support vision collects more child support than
• He doesn't necessarily owe child support for those two. I mean, court-ordered child support.

Bills: HB368, HB3311, HB1734, HB2495, HB2716, HB793, HB3376, HB2524, HB3421, HB3446, HB3181

Keywords: electronic devices, family violence, criminal prosecution, protective orders, tracking, harassment, family allowance, decedent's estate, surviving spouse, minor children, inheritance, child support, maintenance, child enrollment, parent rights, managing conservator, education, family law, family violence, child custody

Summary: The meeting of the committee involved discussions on several bills aimed at improving the legal framework surrounding child support and guardianship. Notably, Representative Swanson presented HB3311, which seeks to prioritize unpaid child support claims over secured debt obligations during probate proceedings. This bill aims to ensure that children receive the financial support they need promptly, especially after losing a parent. Testimonies from various stakeholders emphasized the importance of addressing child support obligations to prevent financial hardships for grieving families. Additionally, HB3376 was discussed, which mandates ongoing education for guardians regarding Alzheimer’s disease and related disorders, reflecting the need for better support for vulnerable individuals.

Transcript Highlights:

• span marker="25" data-time="144">The last item I want to mention, and that LBB mentioned, is the Financial
• You all have provided funds to us to pass through to the Financial Crimes Intelligence Center in Tyler
• data-time="180"> They have now moved into tackling gift card theft, ATM jackpotting, and many different financial

• The last thing you talked about was the Financial Crimes

Keywords: Department of Licensing and Registration, staffing needs, combative sports, industrialized housing, Waco examination center, cybersecurity, Financial Crimes Intelligence Center, financial crime prevention

Summary: The meeting focused on various aspects of the Department of Licensing and Registration, highlighting the need for enhanced staffing to manage increased demand in several programs such as combative sports and industrialized housing. Notably, discussions included the establishment of new examination centers to improve service delivery and licensing processes, with emphasis on the Waco center's contribution. There was also deliberation on cybersecurity measures, showcasing the department's efforts to protect infrastructure from breaches, alongside mention of the Financial Crimes Intelligence Center's successes in preventing financial crimes in Texas.

Transcript Highlights:

• >We are also taking action today to end the weaponization of financial
• Many of us are prepared to support a sensible, stablecoin bill.
• Financial product available in America.
• I strongly support it and encourage all to do so.
• This protects the financial system and promotes competition.

Bills: SB875

Keywords: banking regulation, federal agencies, reputational risk, financial services, supervision, Genius Act, FIRM Act, stablecoins, bipartisan, financial regulation, national security, consumer protection, innovation

Summary: This meeting focused on the markup of the Genius Act and the FIRM Act, two significant pieces of legislation addressing stablecoin regulation and the financial industry's regulatory framework. The Chairman noted the importance of providing clarity to the digital asset community and protecting American consumers, while also promoting innovation and competition within the financial sector. Members of both parties expressed varying viewpoints, with some highlighting concerns related to national security and the potential risks associated with stablecoins.

Transcript Highlights:

• So it's more than just financial accountability that's involved; it's also conditions of the units.

• Okay, and so we look at the financial piece of it, but

• I ask for your support.
• The intent is to enhance the financial capabilities of this district in managing water-related issues

• The Chair offers the Committee's support.

Bills: HB1342, HB2889, HB3002, HB3254, HB4820, HJR40

Keywords: private activity bonds, housing, residential rental projects, low-income, affordable housing, bond measures, funding equality, political subdivisions, public communications, election fairness, debt collection, consumer rights, disclosures, Fair Debt Collection Practices Act, settlement agreements, State Board of Education, group benefits program, health insurance, state employees, dependents eligibility

Summary: During this committee meeting, several important bills were discussed, including HB5632, HB3900, and SJR57. The committee focused on HB1342, which aims to reorganize the priority structure of private activity bonds for residential rental projects, responding to concerns raised by various stakeholders about the efficiency and accessibility of these bonds in supporting affordable housing. Additionally, HB3002 was presented as a consumer protection bill requiring debt collectors to disclose rights in all written and electronic communications, ensuring average Texans are informed of their rights regarding debt obligations. The meeting concluded with a discussion about upcoming bills and the schedule for the next sessions.

Transcript Highlights:

• span marker="124" data-time="738"> reason why now in the financial
• So you believe what I'm hearing you say, and again, I'm not a financial
• for before, and then with property tax relief, which has been a priority and should be, and we all support

Bills: SJR4

Keywords: economic stabilization fund, state finance, constitutional amendment, budget management, financial security, Economic Stabilization Fund, Senate Joint Resolution 4, budget discussion, property tax relief, long-term financial liabilities, taxpayer relief, Texas economy

Summary: The meeting focused on Senate Joint Resolution 4, which proposes to raise the constitutional cap of the Economic Stabilization Fund from 10% to 15%. Members engaged in a comprehensive discussion regarding the potential implications of this increase, especially in relation to Texas's long-term financial liabilities. Concerns were raised about maintaining adequate reserves while simultaneously addressing the need for taxpayer relief, especially considering factors such as property tax compression and future economic downturns. Various members voiced their opinions on the balance between saving for potential future needs and returning money to taxpayers, fostering a vigorous debate on the state's fiscal strategy and priorities.

Transcript Highlights:

• The bill would allow them to receive the child support payments to support the child.
• By offering early financial support, this bill empowers women to better care for their children and choose
• Fathers of a child do not have a legal obligation to provide financial support for the child.
• I'm supporting this bill.
• I am in support of this bill. I supported it last time.

Bills: SB387, SB1335, HB1671, SB1760, SB1839, SB1923, HB1928, HB4942, HB5628, HB5642, HB1980

Keywords: judicial bond, guardianship, probate law, county judge, statutory county court, estates, inheritance, representative duties, court authority, personal representative, retroactive child support, parentage, genetic testing, family code, child's conception, guardianship, incapacitated persons, court proceedings, guardianship fees, estate management

Summary: The meeting of the Subcommittee on Family and Fiduciary Relationships focused on a range of bills concerning child support, child welfare, and probate law. Notable discussions included HB1980, which aims to require fathers to provide financial support from the moment of conception. This bill was presented by Representative Hicklin, who highlighted the economic challenges faced by single mothers and the importance of ensuring paternal responsibility. Public testimonies were received both in favor and against this bill, including criticisms about the fairness of imposing retroactive child support. The committee members expressed varied opinions, leading to a nuanced debate about the implications of the bill on family dynamics and economic responsibilities . Other bills discussed included SB1923, which allows child support payments to follow the child to non-parent caregivers, thus aiming to better serve children in kinship care situations. This bill was supported by advocates highlighting the financial strain on kinship caregivers without custody. Additionally, HB5642 addressed clouded titles in real estate and the importance of providing clear information to homebuyers regarding estate planning. Overall, the meeting was productive and well-attended, with substantial participation from committee members and the public.

Transcript Highlights:

• Commission operates the Military Veteran Peer Network, which is tasked with providing peer-to-peer support
• This program was created to support local communities because

• Decades of research have shown that peer support services

• Our rural communities are key here because the peer support
• ...and in peer support.

Bills: HB39, HB114, HB1875, HB1894, HB1965, HB2513

Keywords: veterans, mental health, Texas Veterans Commission, peer support, suicide prevention, community mental health, grant program, veterans, cemetery, General Land Office, burial plot, Texas Veterans Commission, veterans, remembrance, monthly designation, honoring military, Texas legislation, mental health, veterans, peer support

Summary: The committee meeting focused on several key pieces of legislation aimed at improving services and support for veterans in the state. Notable discussions included House Bill 114, which proposes to transfer veterans' mental health initiatives to the Texas Veterans Commission, emphasizing the need for enhanced mental health resources. This bill received supportive testimony from various stakeholders who advocated for the importance of community-based mental health services for veterans. Additionally, House Bill 1965 was highlighted, seeking to expand the Military Veteran Peer Network to better serve rural communities and address increasing mental health needs. Testimonies reflected a strong commitment to reducing veteran suicides through peer support systems.

Transcript Highlights:

• The Committee on Pensions, Investments, and Financial Services will

• As financial crimes have surged in recent years, so has the FCIC's role.
• Texas has taken the lead on tackling organized financial fraud.
• I'm here testifying in support of the committee's substitute.
• They were reading off, on a three-way call, the financial information.

Bills: HB3014, HB3109, HB3126, HB3474, HB3594

Keywords: teacher benefits, insurance coverage, school employees, group coverage program, risk stabilization fee, pensions, financial fraud, payment fraud, retirement benefits, House Bill 3594, House Bill 3109, San Antonio Fire and Police, Financial Crimes Intelligence Center

Summary: The Committee on Pensions, Investments, and Financial Services convened to discuss various legislative bills focused on enhancing financial security for public employees and addressing instances of financial fraud. Notably, House Bill 3594 was presented by Representative Lujan, aimed at modernizing the San Antonio Fire and Police Retiree Health Care Fund, with support from key stakeholders, indicating broad consensus on the bill's implications. In addition, House Bill 3109 was addressed, expanding the scope of the Financial Crimes Intelligence Center to include payment fraud, reflecting Texas's proactive approach to tackling criminal financial activities and protecting its citizens.

Transcript Highlights:

• I appreciate the opportunity to speak before you today in support of House Bill 4233.
• difficulties and have shown that they are now financially responsible.
• Texas has led the way in supporting victims of coerced debt.
• And it provides critical support.
• This is looking at doing business with us to ensure they are financially stable.

Bills: HB3803, HB3804, HB3805, HB3806, HB3833, HB4134, HB4233, HB4238, HB4243

Keywords: money services, regulation, financial services, money transmission, currency exchange, financial compliance, electronic payments, motor vehicles, convenience fee, retail installment contract, fee restrictions, eviction, credit report, tenant rights, property law, housing stability, digital assets, consumer protection, regulatory framework, public retirement systems

Summary: The meeting of the Pensions, Investments and Financial Services Committee involved detailed discussions surrounding several key bills aimed at enhancing regulatory frameworks and consumer protections. Notably, House Bill 4233, presented by Chairman Capriglione, seeks to modernize regulations for digital asset service providers by addressing earlier ambiguities in reporting requirements while enhancing accountability for the businesses involved. The testimonies from industry stakeholders, including representatives from the Texas Blockchain Council, emphasized the need for clarity and streamlined obligations that align with consumer needs. The bill passed favorably without challenges, reflecting strong support from committee members. Moreover, bills such as House Bill 3014 and House Bill 3474 were discussed, with both successfully moving forward to the full House. HB3014 focuses on fraudulent use of gift cards, while HB3474 deals with public retirement systems' investment reporting practices. The meeting noted several supportive public testimonies and demonstrated the committee's commitment to refining legislation that impacts Texas' financial landscape. Overall, the meeting was productive, indicating a collaborative effort toward regulatory updates in important sectors.

Transcript Highlights:

• conservationists with the goal of advancing forest conservation, promoting conservation practices, and supporting

Keywords: Senate Bill 1388, family support services, pro-life initiatives, retroactive child support, maternal health, public testimony, Senator Kolkhorst, Senator Hughes

Summary: In this meeting, significant discussions revolved around the passage and modification of various Senate Bills, including SB1388, which pertains to family support services under the Health and Human Services Commission. Senator Kolkhorst advocated for the bill, emphasizing its focus on pro-life, family-centered care. The committee passed the bill after thorough examination, showcasing a collaborative effort among the members to ensure its alignment with successful past initiatives. In another session, Senator Hughes presented SB942, aimed at retroactive child support linked to prenatal care, which sparked a constructive dialogue reflecting bipartisan support for maternal and child welfare.

Transcript Highlights:

• Thank you for your support. Members, any other questions?
• Based on those experiences, I strongly support SB 209.
• Airbnb supports SB 1592.
• We're here to testify in support today, and thank you.
• I'm here in support of the bill and I'm here as well.

Bills: SB209, SB529, SB1265, SB1592, SB1728, SCR37, SCR38

Keywords: child care, workforce resources, Texas Workforce Commission, employer support, parental assistance, Senate Bill 529, Midland, economic development, sales tax incentives, job creation, committee certification, public testimony, stakeholder support

Summary: The meeting of the Senate Economic Development Committee featured substantial discussions around several key bills aimed at advancing various sectors in Texas. Notably, Senate Bill 529 was supported by multiple stakeholders, including the Mayor of Midland, emphasizing its importance in allowing the city to access sales tax incentives that could bolster economic growth. The committee unanimously recommended several bills for certification, indicating a strong consensus among members on the proposed legislation's benefits. The focus on job creation and supporting local economies was prevalent throughout the meeting.