H.C.R. No. 150
HOUSE CONCURRENT RESOLUTION
1-1 WHEREAS, Texas businesses play a unique and increasingly
1-2 important role in the world economy; and
1-3 WHEREAS, These enterprises require an efficient means to
1-4 attract the investment capital necessary to expand, create jobs,
1-5 and ensure that Texas remains a major international economic force;
1-6 and
1-7 WHEREAS, A stock exchange located in Texas would provide this
1-8 means, enabling companies too small to meet the listing
1-9 requirements of the national exchanges to gain access to valuable
1-10 investment capital; and
1-11 WHEREAS, Such a stock exchange would also give brokerage
1-12 firms too small to purchase membership on a national exchange the
1-13 ability to trade national stocks, thereby providing Texans
1-14 additional investment opportunities while expanding the brokerage
1-15 job base; now, therefore, be it
1-16 RESOLVED, That the 73rd Legislature of the State of Texas
1-17 hereby express its support for the development and domicile in the
1-18 State of Texas of a Texas International Stock Exchange; and, be it
1-19 further
1-20 RESOLVED, That the legislature declare the establishment of
1-21 such a stock exchange to be in the public interest of the citizens
1-22 of the State of Texas.
1-23 Brimer
1-24 H.C.R. No. 150
2-1 _______________________________ _______________________________
2-2 President of the Senate Speaker of the House
2-3 I certify that H.C.R. No. 150 was adopted by the House on May
2-4 28, 1993, by a non-record vote.
2-5 _______________________________
2-6 Chief Clerk of the House
2-7 I certify that H.C.R. No. 150 was adopted by the Senate on
2-8 May 29, 1993.
2-9 _______________________________
2-10 Secretary of the Senate
2-11 APPROVED: _____________________
2-12 Date
2-13 _____________________
2-14 Governor