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Committee advances House Bill 1523 to Senate floor without amendments, 7-1
Summary
The Senate Insurance and Financial Institutions Committee voted 7–1 to move House Bill 1523 to the floor without amendments after the chair said stakeholders had been consulted and further work could occur on second reading.
Chairman Baldwin told the Insurance and Financial Institutions Committee he would move House Bill 1523 to the Senate floor without amendments and that he had discussed the measure with the author and "all interested parties, which would include, the bankers, commissioners, AIM, everyone and the author." He said he was willing to pursue language on second reading to provide a bidding framework.
The committee approved a motion to move the bill by roll call, 7–1. Senator Freeman cast the lone no vote; Senator Aldine was recorded as excused. The chair announced, "Bill moves to Floor 7 to 1."
Members who voted in favor were Senator Randolph, Senator Cordura, Senator Walker, Senator Gaskell, Senator Schmidt, Senator Carrasco and Chairman Baldwin. The committee did not adopt any amendments during the session. No further procedural conditions or changes were recorded in the transcript.
The chair closed the item by thanking members for their work on the bill.
