1-1  By:  Harris of Tarrant                                 S.B. No. 518
    1-2        (In the Senate - Filed March 1, 1993; March 1, 1993, read
    1-3  first time and referred to Committee on Jurisprudence;
    1-4  March 30, 1993, reported favorably by the following vote:  Yeas 4,
    1-5  Nays 0; March 30, 1993, sent to printer.)
    1-6                            COMMITTEE VOTE
    1-7                          Yea     Nay      PNV      Absent 
    1-8        Henderson          x                               
    1-9        Harris of Tarrant  x                               
   1-10        Brown              x                               
   1-11        Harris of Dallas                               x   
   1-12        Luna               x                               
   1-13        Parker                                         x   
   1-14        West                                           x   
   1-15                         A BILL TO BE ENTITLED
   1-16                                AN ACT
   1-17  relating to rights and remedies of a buyer under The Securities
   1-18  Act.
   1-19        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-20        SECTION 1.  Subsection D, Section 33, The Securities Act
   1-21  (Article 581-33, Vernon's Texas Civil Statutes), is amended by
   1-22  adding Subdivision (8) to read as follows:
   1-23              (8)  In damages, a buyer shall recover reasonable
   1-24  attorney's fees, in addition to other damages specified herein.
   1-25        SECTION 2.  The importance of this legislation and the
   1-26  crowded condition of the calendars in both houses create an
   1-27  emergency and an imperative public necessity that the
   1-28  constitutional rule requiring bills to be read on three several
   1-29  days in each house be suspended, and this rule is hereby suspended,
   1-30  and that this Act take effect and be in force from and after its
   1-31  passage, and it is so enacted.
   1-32                               * * * * *
   1-33                                                         Austin,
   1-34  Texas
   1-35                                                         March 30, 1993
   1-36  Hon. Bob Bullock
   1-37  President of the Senate
   1-38  Sir:
   1-39  We, your Committee on Jurisprudence to which was referred S.B.
   1-40  No. 518, have had the same under consideration, and I am instructed
   1-41  to report it back to the Senate with the recommendation that it do
   1-42  pass and be printed.
   1-43                                                         Henderson,
   1-44  Chairman
   1-45                               * * * * *
   1-46                               WITNESSES
   1-47  No witnesses appeared on S.B. No. 518.