House Committee on Financial Institutions
         75th Legislature
         February 17, 1997
         2:00 pm 
         Capitol Extension, E1.010
         
         
         Pursuant to a notice posted on February 12, 1997, the House 
         Committee on Financial Institutions met in a public hearing and 
         was called to order by the Chair, Representative Kenny Marchant 
         at 2:05 pm.
         
         The roll was answered as follows:  
         
         Present:  Representatives Marchant; Gutierrez; Ehrhardt; Elkins; 
                   Grusendorf; Patterson, L.P. "Pete"; Smith; Solomons 
                   (8).
         
         Absent:   Representative Giddings (1).
         
         A quorum was present.
         
         (Representative Giddings now present.)  
         
         HJR 59
         
         The chair laid out HJR 59.  
         
         The chair recognized Rep. Delisi to explain the measure.  
         
         Testimony was taken.  
         
         The chair recognized Rep. Delisi to close on the measure.  
         
         Representative Smith moved that HJR 59 be reported favorably to 
         the full house with the recommendation that it do pass and be 
         printed.  The motion prevailed by the following vote:  
         
         Ayes:     Representatives Marchant; Gutierrez; Ehrhardt; Elkins; 
                   Giddings; Grusendorf; Patterson, L.P. "Pete"; Smith; 
                   Solomons (9).
         
         Nays:     None (0).
         
         Present not Voting: None (0).
         
         Absent:   None (0).
         
         HB 1077
         
         The chair laid out HB 1077.  
         
         The chair recognized Rep. Telford to explain the measure.  
         Testimony was taken.  
         
 
         





         The chair recognized Rep. Telford to close on the measure.  
         
         The bill was left pending without objection. 
         
         HB 906
         
         The chair laid out HB 906.  
         
         The chair recognized Rep. McCall to explain the measure.  
         
         Testimony was taken.  
         
         Representative Smith offered an amendment to the measure.  
         
         The amendment was adopted without objection.  
         
         The chair recognized Rep. McCall to close on the measure.  
         
         Representative Gutierrez moved that HB 906, as amended, be 
         reported favorably to the full house with the recommendation 
         that it do pass and be printed.  The motion prevailed by the 
         following vote:  
         
         Ayes:     Representatives Marchant; Gutierrez; Ehrhardt; Elkins; 
                   Giddings; Grusendorf; Patterson, L.P. "Pete"; Smith; 
                   Solomons (9).
         
         Nays:     None (0).
         
         Present not Voting: None (0).
         
         Absent:   None (0).
         
         HB 832
         
         The chair laid out HB 832.  
         
         The chair recognized Rep. Pickett to explain the measure.  
         
         Testimony was taken.  
         
         The chair recognized Rep. Pickett to close on the measure.  
         
         The bill was left pending without objection. 
         
         HB 882
         
         The chair laid out HB 882.  
         
         The chair recognized Rep. Horn to explain the measure.  
         
         The chair recognized Rep. Horn to close on the measure.  
         Representative Grusendorf moved that HB 882 be reported 
         favorably to the full house with the recommendation that it do 
         pass and be printed and be sent to the Committee on Local and 
 
         





         Consent Calendars.  The motion prevailed by the following vote:  
         
         Ayes:     Representatives Marchant; Gutierrez; Ehrhardt; Elkins; 
                   Giddings; Grusendorf; Patterson, L.P. "Pete"; Smith; 
                   Solomons (9).
         
         Nays:     None (0).
         
         Present not Voting: None (0).
         
         Absent:   None (0).
         
         HB 799
         
         The chair laid out HB 799.  
         
         The chair recognized Representative Elkins to explain the 
         measure.  
         
         Representative Solomons offered a complete committee substitute.  
         
         The committee substitute was adopted without objection.
         
         Testimony was taken.  
         
         The chair recognized Representative Elkins to close on the 
         measure.  
         
         The bill was left pending without objection. 
         
         
         The chair named the following members to the Subcommittee on 
         Home Equity Lending:  Representative Solomons, chair, 
         Representatives Marchant; Gutierrez; Giddings; and Smith. 
         
         The chair referred the following bills to the Subcommittee on 
         Home Equity Lending: HB 295, HB 447, HB 742, HB 1188, HJR 31, 
         HJR 44, HJR 60, HJR 70, HJR 72.
         
         At 3:38 pm, on the motion of the chair and without objection, 
         the meeting was adjourned subject to the call of the chair.  
         
         
         
         
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