House Committee on Financial Institutions 76th Legislature May 6, 1999 Upon adjournment House Chamber, Desk 26 Pursuant to both a notice posted and an announcement from the house floor on May 6, 1999, the House Committee on Financial Institutions met in a formal meeting and was called to order by the Chair, Representative Kip Averitt at 6:24 pm. The roll was answered as follows: Present: Representatives Averitt; Solomons; Denny; Ehrhardt; Elkins; Grusendorf; Marchant (7). Absent: Representatives Pitts; Solis, Juan (2). A quorum was present. SB 172 The chair laid out SB 172 as pending business. Representative Solomons offered a complete committee substitute. The committee substitute was adopted without objection. Representative Denny moved that SB 172, 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; Ehrhardt; Elkins; Grusendorf; Marchant (7). Nays: None (0). Present not Voting: None (0). Absent: Representatives Pitts; Solis, Juan (2). SJR 12 The chair laid out SJR 12 as pending business. Representative Solomons offered a complete committee substitute. The committee substitute was adopted without objection. Representative Elkins moved that SJR 12, 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; Ehrhardt; Elkins; Grusendorf; Marchant (7). Nays: None (0). Present not Voting: None (0). Absent: Representatives Pitts; Solis, Juan (2). HB 3622 The chair laid out HB 3622 as pending business. Representative Solomons moved that HB 3622 be reported favorably to the full house with the recommendation that it do pass and be printed. The motion failed by the following vote: Ayes: Representatives Solomons; Denny; Grusendorf; Marchant (4). Nays: Representatives Averitt; Ehrhardt; Elkins (3). Present not Voting: None (0). Absent: Representatives Pitts; Solis, Juan (2). The bill was left pending without objection. At 6:30 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