Investments & Financial Services Committee, Texas House of Representatives

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Senate Committees

The Investments & Financial Services Committee is a standing committee of the Texas House of Representatives.

Per the Senate Rules, committees of the Texas House of Representatives are assigned half by seniority and half by the Speaker of the House. Representatives select three committees they wish to serve on, and half of a committee's seats are filled in this manner based on seniority. In the case of equal seniority, the Speaker decides the seat. Once half of each committee is selected through this method, the Speaker appoints the rest of the committees.[1] Committees are assigned at the start of each legislative session.[2] A majority of appointed members make up a committee's quorum.[3] The Speaker is not recognized as an "ex officio" member of any committee.

DocumentIcon.jpg See rules: House Rules

Function

The committee shall have seven members, with jurisdiction over all matters pertaining to:
  • banking and the state banking system;
  • savings and loan associations;
  • credit unions;
  • the regulation of state and local bonded indebtedness;
  • the lending of money;
  • the regulation of securities and investments;
  • privacy and identity theft; and
  • the following state agencies: the Finance Commission of Texas, the Credit Union Commission, the Office of Consumer Credit Commissioner, the Office of Banking Commissioner, the Texas Department of Banking, the Department of Savings and Mortgage Lending, the Texas Treasury Safekeeping Trust Company, the Texas Public Finance Authority, the Bond Review Board, and the State Securities Board.[4][5]

Membership

2013-2014

The following table describes committee membership at the beginning of the 2013 legislative session.

Investments & Financial Services Members, 2013
Democratic members (1)Republican members (6)
Michael Villarreal, ChairDan Flynn, Vice-chair
Charles Anderson
Cindy Burkett
Jodie Laubenberg
Oscar Longoria
Larry Phillips

External links

References