Video & Transcript Research : 'consumer enforcement'
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MN
Minnesota 2025-2026 Regular Session
House Commerce Finance and Policy Committee 4/15/26
Commerce Finance and Policy
Transcript Highlights:
- We expect to ease consumer confusion and improve our ability to enforce parity.
- So I think from a consumer-facing point of view, this may prove makes sense.
- practice that suddenly closed, kind of leaving consumers in the lurch.
- , consumers with an outsized amount of loss threaten to exhaust the fund to the detriment of other consumers
- , consumers with an outsized amount of loss threaten to exhaust the fund to the detriment of other consumers
Keywords:
healthcare, insurance, regulation, financial institutions, prescription drug affordability, consumer protection, restitution account, financial compensation, attorney general, distributions, property insurance, homeowners insurance, fire and allied lines, hail insurance, appraisal clause, loss adjustment, alternative dispute resolution, insurance claims, claim valuation, actual cash value
TX
Transcript Highlights:
- had served with the Eastern County Sheriff's Office for 2 years, had dedicated 21 years to law enforcement
Bills:
HB227
Keywords:
HB227, kratom, Mitragyna speciosa, kratom products, kratom processor, kratom retailer, controlled substances, Texas Controlled Substances Act, Health and Safety Code, Penalty Group 1, tianeptine, 7-hydroxymitragynine, mitragynine, synthetic kratom, kratom alkaloids, adulterated products, product testing, lab testing, ISO 17025, labeling requirements
TX
Texas 89th 2nd C.S.
S/C on Academic & Career-Oriented Education Mar 5th, 2025
S/C on Academic & Career-Oriented Education
Keywords:
fraudulent solicitation, disaster relief, nonprofit organizations, criminal penalties, consumer protection, fraud prevention, charitable donations, higher education, LGBTQ studies, DEI studies, program prohibition, educational policy, HB120, Texas, Texas Education Code, public universities, public colleges, queer studies, gay studies, lesbian studies
OK
Oklahoma 2026 Regular Session
Business and Insurance 2ND REVISED Apr 16th, 2026 at 09:30 am
Business and Insurance
Transcript Highlights:
- And so, if we want to guide consumers into a safer product, a fair tax base is the way to do it.
- creates the Oklahoma Home Services Act aimed at increasing clarity around home service contracts for consumers
- And the bill also purports to be able to change it to where it protects consumers to be able to charge
- And based on the way that the the bill is written that the consumer will have to eat it.
- , Oma is getting a handle on the regulatory side of the industry while also partnering with law enforcement
Bills:
HB2933, HB3041, HB3048, HB3081, HB3297, HB3338, HB3673, HB3790, HB3983, HB4105, HB4139, HB4203, HJR1023
Keywords:
insurance regulation, homeowner claims, premium discounts, catastrophe mitigation, civil penalties, credit card transactions, payment methods, service charge, consumer rights, financial regulation, insurance, nonadmitted insurers, surplus lines, Oklahoma, fire extinguisher, licensing, public safety, age qualification, State Fire Marshal, towing services
OK
Oklahoma 2026 Regular Session
Agriculture REVISED: SB722 - Link added Apr 6th, 2026 at 03:00 pm
Agriculture
Transcript Highlights:
- You can sell, offer, or serve raw milk products without notifying the consumer that the product is not
- not only on-farm but also extends the sale to farmers' markets or otherwise off-farm direct to the consumer
- reimburse agricultural operations for economic losses resulting from actions taken by the agency enforcing
Keywords:
water infrastructure, wastewater, investment program, loans, local government, SB1509, groundwater, water wells, well spacing, water rights, Oklahoma Water Resources Board, OWRB, basin, subbasin, maximum annual yield, aquifer management, water allocation, water permits, temporary permits, irrigation
AL
Alabama 2026 Regular Session
Alabama Senate Education Policy Committee Feb 11th, 2026
Education Policy
Keywords:
sales tax exemption, Consumer Price Index, local government, clothing, school supplies, emergency preparedness, Alabama Administrative Procedure Act, APA, administrative law, judicial review, agency deference, Chevron deference, de novo review, contested case, state agency, regulatory power, individual liberty, statutory interpretation, rule interpretation, license revocation
TX
Texas 89th Regular
Trade, Workforce & Economic Development Apr 2nd, 2025
Trade, Workforce & Economic Development
Transcript Highlights:
- strong safeguards while eliminating unnecessary burdens on both businesses and consumers.
- I work on consumer protection issues for Texas Appleseed, and I'm here to provide testimony.
- While keeping consumers protected under the FTC's cooling-off rule, Texas's Unfair and Deceptive Trade
- Consumer protections, like the three-day right to cancel, are critical for consumers, including older
- If House Bill 3466 becomes law, consumers who enter into a service ... ...contract with one of the 500
Keywords:
science park district, economic development, technology innovation, higher education collaboration, infrastructure development, Texas Economic Development Office, workforce development, unemployment benefits, state average unemployment rate, benefit year, economic support, Texas Workforce Commission, property owners' association, free speech, assembly rights, government officials, political candidates, floodplain, landlord, tenant
MN
Minnesota 2025-2026 Regular Session
House Energy Finance and Policy Committee 4/14/26
Energy Finance and Policy
Transcript Highlights:
- <00:48:02.640>
Before consumer advocates, and more. Before consumer advocates, and more. - <01:07:39.400>
Minnesota <01:07:40.400>consumer penalties under Minnesota consumer - strong consumer protection provisions. strong consumer protection provisions.
- priority consumer protection issue. priority consumer protection issue.
- Golf courses consume our water. Golf courses consume our water.
Keywords:
Public Utilities Commission, PUC, energy regulation, utility regulation, electric utility, public utility, rate case, multiyear rate plan, decoupling, rate decoupling, greenhouse gas, social cost of carbon, environmental cost, resource planning, certificate of need, distributed renewable energy, interconnection, budget billing, electronic filing, contested case
TX
Transcript Highlights:
- This enables leadership to concentrate on overseeing the industry while prioritizing consumers at the
- If the data center consumes X number of demand.
- Chairman and members, Senate Bill 2902 relates to the collection of consumer debt incurred by certain
- debt from a victim of identity theft if the consumer provides a court order or a copy of a federal law
- I'm with Texas Constitutional Enforcement, and we're in favor of the bill.
Bills:
SB 438, SB 512, SB 647, SB 648, SB 1495, SB 2121, SB 2145, SB 2154, SB 2167, SB 2184, SB 2211, SB 2268, SB 2349, SB 2443, SB 2629, SB 2702, SB 2902
Keywords:
SB 438, Texas, State Office of Administrative Hearings, SOAH, administrative law judge, ALJ, public information act, open records, confidentiality, privacy, home address, home telephone number, emergency contact information, social security number, family members, Government Code 552.117, Government Code 552.1175, Tax Code 25.025, public records, government transparency
Summary:
The meeting of the committee commenced with the establishment of a quorum, where members discussed and voted on five significant bills related to energy efficiency, insurance regulation, and public utility governance. Notably, Senate Bill 2717 was presented, incorporating feedback to foster collaboration among various state agencies for improved energy efficiency performance. This was followed by a detailed discussion on Senate Bill 1642, which proposed changes to the Texas Department of Insurance's executive structure to optimize management and consumer focus. Each bill saw active participation from senators who moved to adopt committee substitutes for clarity and responsiveness to stakeholder concerns, indicating a proactive approach to legislative issues.
TX
Transcript Highlights:
- Senator Nichols asked whether, if a data center consumes a certain amount of demand regardless of where
- Chairman and members, Senate Bill 2902 relates to the collection of consumer debt incurred by certain
- I'm with Texas Constitutional Enforcement, and we're in favor of the bill.
- First, the substitute streamlines the definitions of delivery consumer, delivery person, and delivery
- First, the substitute streamlines the definitions of delivery consumer, delivery person, and delivery
Bills:
SB438, SB512, SB647, SB648, SB1495, SB2121, SB2145, SB2154, SB2167, SB2184, SB2211, SB2268, SB2349, SB2443, SB2629, SB2702, SB2902
Keywords:
SB 438, Texas, State Office of Administrative Hearings, SOAH, administrative law judge, ALJ, public information act, open records, confidentiality, privacy, home address, home telephone number, emergency contact information, social security number, family members, Government Code 552.117, Government Code 552.1175, Tax Code 25.025, public records, government transparency
Summary:
The Senate Committee on Business and Commerce met with a quorum and took up several pending bills, voting favorably on SB 1612, SB 2717, SB 1468, SB 1642, and SB 1789. SB 1612 was reported favorably with objections to the local and contested calendar, while SB 2717, SB 1468, SB 1642, and SB 1789 were reported favorably, with SB 1642 and SB 1789 sent to the floor. SB 2717 would create the Texas Energy Efficiency Council; SB 1642 would add an executive director to the Texas Department of Insurance structure; and SB 1789 would establish pole standards and clarify PUC authority and remedies. The committee also heard an ERCOT update from CEO Pablo Vegas on the updated long-term load forecast, which showed a much higher unadjusted growth projection driven largely by data centers. ERCOT described an adjusted forecast using historical delays and lower realized build rates, and members discussed reliability, generation timelines, and the importance of SB 6 for demand response and flexibility.
The committee then heard and left pending SB 2629, which would allow condominium and property owners’ association meetings and voting by electronic means; SB 2702, which would let nationally certified professionals test backflow prevention assemblies without a separate TCEQ license; SB 2167, which would let TDLR pause new license applications tied to human trafficking emergency orders or pending SOAH cases; SB 2349, which would exempt short-term leases and certain leasebacks from flood disclosure requirements; SB 2121, which would tighten the data broker registry law; and SB 2443, which would authorize TDLR electronic delivery of notices and other documents. Testimony generally supported these bills as cleanup, modernization, or workforce-streamlining measures, with some members expressing caution about electronic meetings and emphasizing in-person accountability.
The committee also heard SB 2902 on coerced debt and identity theft, with testimony from a law professor and family violence advocates supporting stronger protections for survivors and suggesting a police report as an additional proof option. SB 512, a refiled bill restricting money transmission license holders from fining users for terms-of-service violations, also received supportive testimony and was left pending. Later, the committee heard SB 2145 on allowing certain TIF boards to meet virtually in narrow circumstances, SB 2268 on extending Texas Energy Fund loan deadlines in some cases, SB 1495 creating an EV supply equipment advisory board, SB 2154 regulating delivery network companies under a statewide framework, SB 2184 lowering the age for pyrotechnic operator and fireworks display permits from 21 to 18, SB 2211 on combining data centers, power generation, and produced-water desalination projects, and SB 647 on title theft protections and clerk authority to refuse fraudulent filings. Most of these bills were left pending after brief testimony and questions, with members focusing on reliability, regulation, and safeguards against fraud.
TX
Transcript Highlights:
- These changes will enable leadership to concentrate on overseeing the industry while prioritizing consumers
- "On the same day, but there were four abstentions, including the residential consumer and the Office
- Chairman and members, Senate Bill 2902 relates to the collection of consumer debt incurred by certain
- I'm with Texas Constitutional Enforcement, and we're in favor of the bill.
- The substitute streamlines the definitions of delivery consumer, delivery person, and delivery network
Bills:
SB438, SB512, SB647, SB648, SB1495, SB2121, SB2145, SB2154, SB2167, SB2184, SB2211, SB2268, SB2349, SB2443, SB2629, SB2702, SB2902
Keywords:
SB 438, Texas, State Office of Administrative Hearings, SOAH, administrative law judge, ALJ, public information act, open records, confidentiality, privacy, home address, home telephone number, emergency contact information, social security number, family members, Government Code 552.117, Government Code 552.1175, Tax Code 25.025, public records, government transparency
Summary:
The Senate Committee on Business and Commerce met with a quorum and first voted out several pending bills. Senate Bill 1612 was reported favorably to the full Senate with objections sent to the local and contested calendar. The committee then adopted committee substitutes and favorably reported Senate Bills 2717, 1468, 1642, and 1789, with 1642 and 1789 sent to the floor. SB 2717 would create the Texas Energy Efficiency Council and add agencies to it; SB 1468 and SB 1642 were discussed as changes affecting utility and insurance-related structures; and SB 1789 would establish pole standards, with the author saying it would clarify PUC authority and create more practical statewide standards. The committee also heard an ERCOT update from Pablo Vegas, who said Texas load growth remains strong but ERCOT is adjusting its large-load forecast downward using historical delays and realization rates for data centers and other large loads. He said the adjusted forecast is still very high, but more realistic for planning, and members discussed reliability, generation timelines, demand response, and the role of Senate Bill 6 in helping model large data centers as flexible load.
The committee then took testimony on a series of bills and left most pending after public comment. SB 2629 would allow condominium and property owners associations to hold meetings and vote electronically; testimony supported it as a way to improve access, though some members expressed concern about overuse of virtual meetings. SB 2702 would let nationally certified professionals test backflow prevention assemblies instead of requiring a separate TCEQ license, and was supported as a workforce and public health measure. SB 2167 would let TDLR pause new massage-establishment license applications when an applicant is subject to a human trafficking emergency order or pending SOAH case. SB 2349 would exempt short-term residential leases and certain leasebacks from floodplain disclosure requirements while allowing the notice to be included in the lease packet. SB 2121 would tighten the data broker registry law from the prior session, and SB 2443 would allow TDLR to use electronic delivery for notices and contested-case documents.
Additional bills focused on consumer protection, housing, and regulatory administration. SB 2902 would help victims of coerced debt and identity theft stop collection efforts by requiring proof such as a court order or FTC report; advocates said it would protect survivors while still preventing fraud. SB 512 would bar money transmission license holders from fining users for terms-of-service violations in a way that forfeits account funds, and supporters framed it as a protection against private financial penalties. SB 2145 would allow public improvement districts and tax increment finance districts to meet virtually with at least one member physically present, while SB 2268 would give the PUC flexibility to extend Texas Energy Fund loan deadlines in certain cases. SB 1495 would create an advisory board for electric vehicle supply equipment standards, SB 2154 would extend statewide regulation to delivery network companies, SB 2184 would lower the age for pyrotechnic operator and fireworks display licenses from 21 to 18, SB 438 would expand confidentiality protections for SOAH administrative law judges, SB 2211 would treat digital products and desalinated water as industrial products to support combined energy-water projects, and SB 647 would strengthen title-theft protections by improving notice and clerk authority to reject fraudulent filings. Most of these bills were left pending after testimony, and several drew support from industry, consumer, or advocacy witnesses along with some member concerns about electronic meetings, licensing, and data accuracy.
HI
Hawaii 2026 Regular Session
ECD Public Hearing - Fri Feb 6, 2026 @ 8:30 AM HST
Economic Development & Technology
Transcript Highlights:
- untapped civil immigration enforcement untapped civil immigration enforcement at<00:26:28.799>
<00:33:34.080>only on legal immigration enforcement only on legal immigration enforcement - ,<00:37:06.240>
they're enforcement comes on campus, they're enforcement comes on campus, - Hawaii, federal immigration enforcement Hawaii, federal immigration enforcement has<00:45:43.359>
- to help protect consumers. Thank you. to help protect consumers. Thank you.
Bills:
HB1838, HB1870, HB2445, HB2540, HB1886, HB1839, HB2269, HB1939, HB2037, HB1635, HB1941, HB1576, HB2568, HB2267, HB2590, HB2266, HB2597, HB2499, HB2500, HB2502, HB2607, HB2137, HB2357, HB1782
Keywords:
HB1838, Hawaii, Act 142, U visa, T visa, U nonimmigrant status, T nonimmigrant status, immigration certification, visa certification, Form I-918 Supplement B, Form I-914 Supplement B, noncitizen victims, crime victim, human trafficking, victim helpfulness, law enforcement certification, prosecutor certification, judicial review, circuit court, confidentiality
Summary:
The committee opened testimony on House Bill 1838, relating to visas. Testifiers from the State Health Planning and Development Agency, the legal clinic, the Hawaii State Coalition Against Domestic Violence, the ACLU, CARES, and immigrant-rights groups strongly supported the bill, saying it would bring Hawaii into compliance with federal law, standardize and speed up certification for U and T visa applicants, and better protect survivors of crime and trafficking. Supporters emphasized that delays in certification can leave eligible survivors waiting years for federal visa access and can undermine public safety by discouraging victims from reporting crimes. The chair announced there were 103 testimonies in support and one in opposition, and the committee then moved on without taking a vote on the bill in the hearing.
The committee next heard House Bill 1870, concerning protected locations and immigration enforcement. Testimony from the Hawaii Coalition for Immigrant Rights, ACLU of Hawaii, educators, students, and community advocates supported limiting immigration enforcement at schools and other essential-service sites, arguing that families should be able to access education, health care, shelters, libraries, and social services without fear. The Department of Education said it had already issued guidance in March 2025 for how staff should respond when law enforcement comes onto campus, and the Public Charter School Commission noted implementation would need to occur at the school level. Testifiers said the bill would create standardized protocols and protect students and families from fear and disruption; the chair reported 142 testimonies in support, one in opposition, and five comments.
The committee then took up House Bill 2445, relating to student safety and law enforcement on campus. The Department of Education again said it had already rolled out statewide guidance and described its process for staff to notify administration, verify law enforcement identification and purpose, and route matters through the complex area superintendent and attorney general, while noting emergencies would be handled differently. A committee member questioned whether the procedures were sufficiently standardized and whether staff were trained for unusual situations. Student and community testifiers supported the bill, saying schools should remain safe havens and that clear procedures are needed if federal immigration enforcement appears on campus. The Department of Law Enforcement testified in opposition to parts of the measure, raising concerns about masking requirements, vehicle markings, officer safety, doxxing, retaliation, costs, and possible supremacy-clause conflicts, and suggested more exemptions and a compromise approach. The chair reported 106 testimonies in support, two comments, and no opposition for the bill before moving on to the next measure.
OK
Oklahoma 2026 Regular Session
Energy and Natural Resources Oversight Apr 13th, 2026 at 03:00 pm
Energy
Transcript Highlights:
- wondering why we're not putting this under Under the jurisdiction of OBn, why are we having able enforce
- It's not put under able to enforce it.
- Department of Ag, after speaking with them, who's in support of the bill, would love to see Abbel help enforce
- the sale of ungraded eggs to include not only on the farm but also farmers' market or directed to consumers
Bills:
SB3, SB1346, SB1509, SB1928, SB2028, SB2071, SB2110, SB2117, SB2127, SB2134, SB259, SB1191, SB1246, SB1314, SB1439, SB1613, SB1930, SB1976, SB330, SB2069, SB2095, SB3, SB1346, SB1509, SB1928, SB2028, SB2071, SB2110, SB2117, SB2127, SB2134, SB259, SB1191, SB1246, SB1314, SB1439, SB1613, SB1930, SB1976, SB330, SB2069, SB2095
Keywords:
industrial hemp, program licensing, agriculture, cannabinoids, state regulation, water infrastructure, wastewater, investment program, loans, local government, SB1509, groundwater, water wells, well spacing, water rights, Oklahoma Water Resources Board, OWRB, basin, subbasin, maximum annual yield
MN
Transcript Highlights:
- <00:02:49.120>
activities the immigration enforcement activities the immigration enforcement - After all, not every report enforcement.
- trained offduty law enforcement members trained offduty law enforcement members that<01:08:22.560>
- enforcement, it should it would matter. enforcement, it should it would matter.
- Those threats are indeed shared with local law enforcement.
Keywords:
immigration status, undocumented students, immigrant rights, K-12 education, public school enrollment, Plyler v. Doe, school district, charter school, cooperative unit, law enforcement access, ICE, immigration enforcement, civil lawsuit, private right of action, injunctive relief, mandamus, student records, directory information, parental engagement, equal access to education
WY
Transcript Highlights:
- :12.560>
firearms <00:03:13.120>or enforcement from seizing firearms or enforcement from - control laws. instead they will enforce control laws. instead they will enforce the<00:05:11.680
- not prohibit Wyoming law enforcement not prohibit Wyoming law enforcement from<00:07:25.120>
- enforcement in Wyoming. enforcement in Wyoming.
- why we can't do 287g enforcement. why we can't do 287g enforcement.
Keywords:
Second Amendment, firearms, state rights, federal regulation, law enforcement, civil penalties, government liability, concealed carry, public colleges, university facilities, weapons legislation, self-defense, campus safety, weapons, age requirement, permits, HB0097, Wyoming firearms privacy, merchant category code, MCC
WY
Transcript Highlights:
- , go and enforce these."
- It does not prohibit law enforcement, uh, federal law enforcement in any way.
- enforcement in there as well. enforcement in there as well. law<00:34:46.000>
enforcement - agency law enforcement initiative. agency law enforcement initiative.
- For example, enforcement of an AR-15 ban, enforcement of a magazine ban.
Keywords:
Second Amendment, firearms, state rights, federal regulation, law enforcement, civil penalties, government liability, concealed carry, public colleges, university facilities, weapons legislation, self-defense, campus safety, weapons, age requirement, permits, HB0097, Wyoming firearms privacy, merchant category code, MCC
AL
Alabama 2026 Regular Session
Alabama House Ethics and Campaign Finance Committee Jan 28th, 2026
Ethics and Campaign Finance
Keywords:
law enforcement, false information, criminal penalty, public safety, identification, school psychology, interstate compact, licensure, professional services, education, HB252, Class IV municipality, Class IV municipalities, municipal audit, audit rotation, certified public accountant, CPA, municipal accounting, Section 11-43B-9, county and municipal government
FL
Transcript Highlights:
- ensures that drug rehabilitation clinics, community health organizations, individuals, and law enforcement
- We'll go to tab two, which is Senator Jones presenting SB 418, law enforcement officer interactions.
- SB 418 is designed to promote safety and understanding during interactions between law enforcement and
- The Department of Law Enforcement is proposing changes to the Career Offender Act in order to improve
- This removes the ability to register with the Florida Department of Law Enforcement.
Keywords:
voting rights, felony conviction, database, Florida Commission on Offender Review, restoration of rights, autism spectrum disorder, law enforcement, communication, training, blue envelope, blue card, search warrant, remote appearance, drones, data privacy, drug paraphernalia, narcotic testing, fentanyl, controlled substances, civil forfeiture
Summary:
The committee took up a series of criminal justice and public safety bills. SB 646, allowing the use of drug testing tools such as fentanyl test strips and reagent kits to detect dangerous adulterants, was presented as a harm-reduction measure and reported favorably after supportive testimony from advocates and criminal defense groups. SB 442, extending the return period for warrants involving digital evidence from 45 days to one year, also passed unanimously amid testimony from prosecutors and law enforcement about encryption, backlogs, and large volumes of child exploitation evidence. SB 418, creating autism-related law enforcement training and a Blue Envelope Program for traffic stops and other encounters, was reported favorably with support from police, disability advocates, and families. SB 132, creating a public database to help people determine eligibility for restoration of voting rights, and SB 748, requiring notice of voting-rights restoration information on sentencing score sheets, both passed with broad support from voting-rights and criminal defense advocates.
The committee also approved SB 1734, recognizing juvenile probation and detention officers as officers under Florida law and extending related training and benefits, and SB 1660, designating June as Responsible Firearm Safety Awareness Month. SB 1742, which repealed the existing “unnatural and lascivious acts” statute and created a new offense for indecent exposure of sexual organs to a minor, was amended with a delete-all amendment and then reported favorably. SB 1750, a major overhaul of career offender registration requirements, was later reconsidered after a bill-number mix-up and then reported favorably as SB 1332, with FDLE and sheriff’s association support.
The most contentious measure was SB 1326, which would eliminate the traditional insanity defense and replace it with a lack-of-culpable-mental-state defense, require malingering assessments in competency evaluations, and limit downward departures based on mental illness. Criminal defense attorneys and disability advocates argued it lacked a treatment component, raised scientific and cost concerns, and could worsen public safety by sending mentally ill defendants to prison without adequate care. Supporters, including the sponsor and the Attorney General’s office, argued it would close gaps and better protect the public. After extensive debate, the bill was reported favorably on a divided vote, with several members voting no. At the end of the meeting, members recorded additional votes on some bills, and Senator Pizzo moved for reconsideration of SB 1326 for a future meeting.
TX
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
TX
Keywords:
public school funding, education, budget allocation, financial transparency, state law, local control, fiduciary responsibility, public retirement systems, investment management, proxy voting, financial factors, insurance, political shareholder proposals, fossil fuels, greenhouse gas emissions, environmental regulation, discrimination, credit extension, social credit, value-based standards
Summary:
The Senate Committee on State Affairs was called to order and a roll call showed most members present, with one absent. The chair explained that the committee had arranged witnesses for a later meeting but had received responses from some parties declining to testify, prompting Senator Bettencourt to offer a written motion for subpoenas.
The motion authorized the committee chair, under Senate Rule 11.20, to issue subpoenas to BlackRock, State Street, or other financial services companies affecting Texas public pension investments, along with their subsidiaries, affiliates, officers, employees, agents, or representatives. The subpoenas would require testimony and production of records concerning investment practices, the impact on Texas public pension funds, and any investments intended to further political or social causes.
Members discussed the importance of obtaining testimony and the limited but necessary use of subpoena power. The committee then voted, with 10 ayes, no nays, and one absent, to adopt the motion. With no further business, the committee recessed until the call of the chair, planning to return after the local calendar.