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Committee approves repeal of a long-dormant financial services task force statute

2260089 · February 11, 2025
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Summary

A bill to repeal an obsolete statutory task force on financial service providers was adopted by the committee without opposition; sponsor framed the move as routine code cleanup.

The House Committee on Banking, Financial Services and Pensions approved a bill to repeal a statutory task force that completed its work in 2006 and was dissolved in 2007.

The sponsor argued the repeal is a housekeeping measure. "This repeal is a simple but necessary step towards streamlining our legal code," the sponsor said, noting the task force "was then dissolved by operation of law on 02/01/2007" and that "keeping it on the books serves no purpose." The sponsor also said the effort is part of a larger agenda to file repealer bills.

Committee members voiced support without substantive debate. The committee recorded an 8-0 vote to pass the repealer bill in committee.

The transcript does not specify the bill number for this repeal measure in the committee record; it was described as one of several repealer bills the sponsor has filed.