House Committee on Financial Institutions 
         76th Legislature 
         May 12, 1999 
         9:00 am  
         Capitol Extension, E2.026 
          
         Pursuant to a suspension of the 5-day posting rule on May 11,  
         1999, the House Committee on Financial Institutions met in a  
         public hearing and was called to order by the Chair,  
         Representative Kip Averitt at 9:15 am. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Averitt; Denny; Ehrhardt; Elkins;  
                   Pitts (5). 
          
         Absent:   Representatives Solomons; Grusendorf; Marchant;  
                   Solis, Juan (4). 
          
         A quorum was present. 
          
         SB 1520 
          
         The chair laid out SB 1520.   
          
         The chair recognized Representative Elkins to explain the  
         measure.   
          
         (Representative Solis, Juan now present.)   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Elkins to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         SJR 34 
          
         The chair laid out SJR 34.   
          
         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.  
          
         At 9:57 am, 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