HB 396-DIVEST INVESTMENTS IN RUSSIAN ENTITIES                                                                      
                                                                                                                                
7:03:29 PM                                                                                                                    
                                                                                                                                
CHAIR KREISS-TOMKINS  announced that the final  order of business                                                               
would  be  HOUSE  BILL  NO.  396,  "An  Act  restricting  certain                                                               
investments  of  state funds  in  certain  Russian entities;  and                                                               
providing for an effective date."   Before the committee, adopted                                                               
as  the working  draft  on 4/21/22,  was  the proposed  committee                                                               
substitute  (CS)   for  HB  396,  Version   32-LS1618\I,  Nauman,                                                               
4/15/22, "Version I."                                                                                                           
                                                                                                                                
7:03:51 PM                                                                                                                    
                                                                                                                                
REPRESENTATIVE  CLAMAN  moved to  report  CSHB  396, Version  32-                                                               
LS1618\I,  Nauman,  4/15/22,  out of  committee  with  individual                                                               
recommendations and  the accompanying fiscal notes.   There being                                                               
no objection, CSHB  396(STA) was reported out of  the House State                                                               
Affairs Standing Committee.