The House Committee on Financial Institutions 
         77th Legislature 
         March 5, 2001 
         3:00 p.m. 
         Capitol Extension, E2.014 
          
         Pursuant to a notice posted on February 28, 2001, the House  
         Committee on Financial Institutions met in a public hearing and  
         was called to order by the chair, Representative Averitt, at  
         3:13 p.m. 
          
         The roll was answered as follows: 
          
         Present:  Representatives Averitt; Solomons; Denny; Grusendorf;  
                   Hopson; Wise (6). 
          
         Absent:   Representatives Marchant; Menendez; Pitts (3). 
          
         A quorum was present. 
          
         (Representative Solomons in chair.) 
          
         HB 1493 
          
         The chair laid out HB 1493. 
          
         The chair recognized Representative Wise to explain the measure.  
          
         (Representative Marchant now present.) 
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Wise to close on the  
         measure.  
          
         (Representative Averitt in chair.) 
          
         The bill was left pending without objection.  
          
         HB 1385 
          
         The chair laid out HB 1385. 
          
         The chair recognized Representative Capelo to explain the  
         measure.  
          
         (Representative Menendez now present.) 
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Capelo to close on the  
         measure.  
         The bill was left pending without objection.  
          
         HB 1914 
  
         The chair laid out HB 1914. 
          
         The chair recognized Representative Capelo to explain the  
         measure.  
          
         Representative Averitt offered an amendment to the measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Capelo to close on the  
         measure.  
          
         The amendment was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         HB 1166 
          
         The chair laid out HB 1166 as pending business.  
          
         The chair recognized Representative Denny to explain the  
         measure.  
          
         Representative Solomons moved that HB 1166, without amendments,  
         be reported favorably to the full house with the recommendation  
         that it do pass and be printed. The motion prevailed by the  
         following record vote:  
          
         Ayes:               Representatives Averitt; Solomons; Denny;  
                             Grusendorf; Hopson; Marchant; Menendez (7).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Pitts; Wise  (2).  
           
         HB 198 
          
         The chair laid out HB 198 as pending business.  
          
         Representative Marchant moved that HB 198, without amendments,  
         be reported favorably to the full house with the recommendation  
         that it do pass and be printed. The motion prevailed by the  
         following record vote:  
          
         Ayes:               Representatives Averitt; Solomons; Denny;  
                             Grusendorf; Hopson; Marchant; Menendez (7).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Pitts; Wise  (2).  
  
         HB 1067 
          
         The chair laid out HB 1067 as pending business.  
          
         Representative Solomons moved that HB 1067, without amendments,  
         be reported favorably to the full house with the recommendation  
         that it do pass and be printed. The motion prevailed by the  
         following record vote:  
          
         Ayes:               Representatives Averitt; Solomons; Denny;  
                             Grusendorf; Hopson; Marchant; Menendez (7).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Pitts; Wise  (2).  
           
         HB 1460 
          
         The chair laid out HB 1460. 
          
         The chair recognized Representative Williams to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Williams to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB 1636 
          
         The chair laid out HB 1636. 
          
         The chair recognized Representative McCall to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative McCall to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         (Representative Solomons in chair.) 
          
         HB 1608 AND HJR 9 
          
         The chair laid out HB 1608 and HJR 9. 
          
         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.) 
          
         At 6:20 p.m., on the motion of the chair and without objection,  
         the meeting was adjourned subject to the call of the chair. 
          
         ________________________ 
         Rep. Averitt, Chair 
          
         ________________________ 
         Bryan McMath, Clerk