House Committee on Pensions & Investments 
         75th Legislature 
         April 29, 1997 
         8:00 am  
         Capitol Extension, E1.010 
          
         Pursuant to a notice posted on April 22, 1997, the House  
         Committee on Pensions & Investments met in a public hearing  
         and was called to order by the Chair, Representative Barry  
         Telford at 8:13 am. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Telford; Woolley; Goolsby; Rangel;  
                   Tillery; Williams (6). 
          
         Absent:   Representatives Berlanga; Sadler; Serna (3). 
          
         A quorum was present. 
          
         HB 2878 
          
         HB 2878 by Rep. Isett was postponed until Tuesday, May 6, 1997  
         at 8:00 a.m. without objection. 
          
         SJR 39 
          
         The chair laid out SJR 39.   
          
         The chair recognized Rep. Giddings to explain the measure.   
          
         (Rep. Tillery not present.) 
          
         (Rep. Serna now present.) 
          
         The chair recognized Rep. Giddings to close on the measure.   
          
         Representative Williams moved that SJR 39 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 Telford; Woolley; Goolsby;  
                        Rangel; Serna; Williams (6). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Berlanga; Sadler; Tillery (3). 
          
         (Representative Woolley in chair.)   
          
         SB 701 
  
         The chair laid out SB 701.   
          
         The chair recognized Representative Telford to explain the  
         measure.   
          
         Representative Telford offered an amendment to the measure.   
          
         The amendment was adopted without objection.   
          
         Testimony was taken.   
          
         Representative Serna moved that SB 701, 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 Telford; Woolley; Goolsby;  
                        Rangel; Serna; Williams (6). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Berlanga; Sadler; Tillery (3). 
          
         (Rep. Telford in chair.) 
          
         HB 862 
          
         The chair laid out HB 862 as pending business.   
          
         Representative Goolsby offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Testimony was taken.   
          
         Representative Goolsby moved that HB 862, as substituted, 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 Telford; Woolley; Goolsby;  
                        Rangel; Serna; Williams  (6). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Berlanga; Sadler; Tillery (3). 
          
         At 8:32 am, on the motion of the chair and without objection,  
         the meeting was adjourned subject to the call of the chair.   
  
         ______________________ 
         Rep. Barry Telford, Chair 
          
         ______________________ 
         Sherri Walker, Clerk