House Committee on Financial Institutions 
         76th Legislature 
         March 15, 1999 
         3:00 pm  
         Capitol Extension, E2.012 
          
         Pursuant to a notice posted on March 10, 1999, the House  
         Committee on Financial Institutions met in a public hearing  
         and was called to order by the Chair, Representative Kip  
         Averitt at 3:10 pm. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Averitt; Denny; Ehrhardt; Elkins;  
                   Grusendorf; Solis, Juan (6). 
          
         Absent:   Representatives Solomons; Marchant; Pitts (3). 
          
         A quorum was present. 
          
         (Representative Denny in chair.)   
          
         HB 1878 
          
         The chair laid out HB 1878.   
          
         The chair recognized Representative Averitt to explain the  
         measure.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         (Representative Marchant now present.)   
          
         (Representative Pitts now present.)   
          
         (Representative Solomons now present.)   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Averitt to close on the  
         measure.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         (Representative Averitt in chair.)   
          
         HB 744 
          
         The chair laid out HB 744.   
          
         The chair recognized Representative Eiland to explain the  
         measure.   
  
         Representative Pitts offered a complete committee substitute.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Eiland to close on the  
         measure.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         HB 1511 
          
         The chair laid out HB 1511.   
          
         The chair recognized Representative Marchant to explain the  
         measure.   
          
         Representative Marchant offered a complete committee  
         substitute.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Marchant to close on the  
         measure.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         HB 1553 
          
         The chair laid out HB 1553.   
          
         The chair recognized Representative Craddick to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Craddick to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         (Representative Solomons in chair.)   
          
         HB 2180 
          
         The chair laid out HB 2180.   
          
         The chair recognized Representative Averitt to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
  
         The chair recognized Representative Averitt to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 2284 
          
         The chair laid out HB 2284.   
          
         The chair recognized Representative Averitt to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Averitt to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         SB 85 
          
         The chair laid out SB 85.   
          
         Representative Marchant moved that SB 85 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 Averitt; Solomons; Denny;  
                        Elkins; Grusendorf; Marchant; Pitts; Solis,  
                        Juan (8). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
         Absent:        Representative Ehrhardt (1). 
          
         HB 1810 
          
         The chair laid out HB 1810 as pending business.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Pitts moved that HB 1810, 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 Averitt; Solomons; Denny;  
                        Elkins; Grusendorf; Marchant; Pitts; Solis,  
                        Juan (8). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representative Ehrhardt (1). 
          
         HB 1879 
          
         The chair laid out HB 1879 as pending business.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Pitts moved that HB 1879, 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 Averitt; Solomons; Denny;  
                        Elkins; Grusendorf; Marchant; Pitts; Solis,  
                        Juan (8). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representative Ehrhardt (1). 
          
         At 6:20 pm, on the motion of the chair and without objection,  
         the meeting was adjourned subject to the call of the chair.   
          
         ______________________ 
         Rep. Kip Averitt, Chair 
          
         ______________________ 
         Bryan McMath, Clerk