House Committee on Financial Institutions 
         76th Legislature 
         April 6, 1999 
         3:00 pm  
         Capitol Extension, E1.014 
          
         Pursuant to a notice posted on April 1, 1999, the House  
         Committee on Financial Institutions met in a public hearing  
         and was called to order by the Chair, Representative Kip  
         Averitt at 3:14 pm. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Averitt; Denny; Ehrhardt; Elkins;  
                   Marchant; Pitts; Solis, Juan (7). 
          
         Absent:   Representatives Solomons; Grusendorf (2). 
          
         A quorum was present. 
          
         HB 1805 
          
         The chair laid out HB 1805 as pending business.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Solis, Juan moved that HB 1805, 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; Denny; Ehrhardt;  
                        Elkins; Marchant; Pitts; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Grusendorf (2). 
          
         HB 1878 
          
         The chair laid out HB 1878 as pending business.   
          
         Representative Marchant offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
         Representative Ehrhardt moved that HB 1878, 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; Denny; Ehrhardt;  
                        Elkins; Marchant; Pitts; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Grusendorf (2). 
          
         HB 2066 
          
         The chair laid out HB 2066 as pending business.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Ehrhardt moved that HB 2066, 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; Denny; Ehrhardt;  
                        Elkins; Marchant; Pitts; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Grusendorf (2). 
          
         HB 2069 
          
         The chair laid out HB 2069 as pending business.   
          
         Representative Solis, Juan moved that HB 2069 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; Denny; Ehrhardt;  
                        Elkins; Marchant; Pitts; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Grusendorf (2). 
          
         HB 2320 
          
         The chair laid out HB 2320 as pending business.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Pitts moved that HB 2320, 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; Denny; Ehrhardt;  
                        Elkins; Marchant; Pitts; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Grusendorf (2). 
          
         HB 3276 
          
         The chair laid out HB 3276 as pending business.   
          
         Representative Solis, Juan moved that HB 3276 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 Averitt; Denny; Ehrhardt;  
                        Elkins; Marchant; Pitts; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
         Absent:        Representatives Solomons; Grusendorf (2). 
          
         HB 3512 
          
         The chair laid out HB 3512 as pending business.   
          
         Representative Marchant offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Solis, Juan moved that HB 3512, as substituted,  
         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 Averitt; Denny; Ehrhardt;  
                        Elkins; Marchant; Pitts; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Grusendorf (2). 
          
         HB 2235 
          
         The chair laid out HB 2235.   
          
         The chair recognized Representative Truitt to explain the  
         measure.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         Testimony was taken.  (See attached witness list.) 
          
         (Representatives Solomons and Grusendorf now present.)   
          
         The chair recognized Representative Truitt to close on the  
         measure.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         HB 842 
          
         The chair laid out HB 842.   
          
         The chair recognized Representative Ehrhardt to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Ehrhardt to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 1981 
          
         The chair laid out HB 1981.   
          
         The chair recognized Representative Hill to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Ehrhardt (for  
         Representative Hill) to close on the measure.   
          
         The bill was left pending without objection.  
          
         HB 2223 
          
         The chair laid out HB 2223.   
          
         The chair recognized Representative Solomons to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Solomons to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 3240 
          
         The chair laid out HB 3240.   
          
         The chair recognized Representative Denny to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Denny to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 3511 
          
         The chair laid out HB 3511.   
          
         The chair recognized Representative Marchant to explain the  
         measure.   
          
         The chair recognized Representative Marchant to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 3515 
          
         The chair laid out HB 3515.   
          
         The chair recognized Representative Marchant to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Marchant to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         (Representative Solomons in chair.)   
  
         HB 3072 
          
         The chair laid out HB 3072.   
          
         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.  
          
         (Representative Averitt in chair.)   
          
         HB 2068 
          
         The chair laid out HB 2068.   
          
         The chair recognized Representative Marchant to explain the  
         measure.   
          
         The chair recognized Representative Marchant to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 1221 & HJR 43 
          
         The chair laid out HB 1221 and HJR 43. 
          
         The chair recognized Representative Brimer to explain the  
         measures.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Brimer to explain the  
         measures.   
          
         The bills were left pending without objection.  
          
         SJR 12 
          
         The chair laid out SJR 12.   
          
         The chair recognized Representative Wolens to explain the  
         measure.   
          
         The chair recognized Representative Hochberg to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Hochberg to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HJR 20 
          
         The chair laid out HJR 20.   
          
         The chair recognized Representative Hartnett to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Hartnett to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 1547 & HJR 57 
          
         The chair laid out HB 1547 & HJR 57.   
          
         The chair recognized Representative Danburg to explain the  
         measures.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The bills were left pending without objection.  
          
         At 8:55 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