House Committee on Financial Institutions
75th Legislature
March 3, 1997
2:00 pm
Capitol Extension, E1.010
Pursuant to a notice posted on February 26, 1997, the House
Committee on Financial Institutions met in a public hearing
and was called to order by the Chair, Representative Kenny
Marchant at 2:07 pm.
The roll was answered as follows:
Present: Representatives Marchant; Ehrhardt; Giddings;
Grusendorf; Patterson, L.P. "Pete"; Solomons (6).
Absent: Representatives Gutierrez; Elkins; Smith (3).
A quorum was present.
HB 1617
The chair laid out HB 1617.
The chair recognized Representative Hill to explain the
measure.
(Representative Elkins now present.)
(Representative Smith now present.)
Testimony was taken.
The chair recognized Representative Hill to close on the
measure.
The bill was left pending without objection.
HB 594
The chair laid out HB 594.
The chair recognized Representative Thompson to explain the
measure.
Testimony was taken.
The chair recognized Representative Thompson to close on
the measure.
The chair referred the bill to the Subcommittee on HB 594.
The chair named the following members to the Subcommittee
on HB 594: Representative Giddings, Chair, Representatives
Ehrhardt and Elkins.
HB 453
The chair laid out HB 453.
The chair recognized Representative Eiland to explain the
measure.
Testimony was taken.
The chair recognized Representative Eiland to close on the
measure.
(Representative Grusendorf now absent.)
The bill was left pending without objection.
HB 1277
The chair laid out HB 1277.
The chair recognized Representative Eiland to explain the
measure.
Testimony was taken.
The chair recognized Representative Eiland to close on the
measure.
The chair referred the bill to the Subcommittee on HB 1277.
The chair named the following members to the Subcommittee
on HB 1277: Representative Smith, Chair, Representatives
Ehrhardt and Solomons.
HB 876
The chair laid out HB 876.
The chair recognized Representative Naishtat to explain the
measure.
Representative Elkins offered an amendment to the measure.
The amendment was adopted without objection.
Representative Ehrhardt moved that HB 876, as amended, be
reported favorably to the full house with the
recommendation that it do pass and be printed and be sent
to the Committee on Local and Consent Calendars. The
motion prevailed by the following vote:
Ayes: Representatives Marchant; Ehrhardt; Elkins;
Giddings; Patterson, L.P. "Pete"; Smith; Solomons
(7).
Nays: None (0).
Present not Voting: None (0).
Absent: Representatives Gutierrez; Grusendorf (2).
HB 1560
The chair laid out HB 1560.
The chair recognized Representative Smith to explain the
measure.
Testimony was taken.
The chair recognized Representative Smith to close on the
measure.
(Representative Grusendorf now present.)
The bill was left pending without objection.
HB 799
The chair laid out HB 799 as pending business.
The chair recognized Representative Elkins to explain the
measure.
Representative Elkins offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Smith moved that HB 799, as substituted, be
reported favorably to the full house with the
recommendation that it do pass and be printed and be sent
to the Committee on Local and Consent Calendars. The
motion prevailed by the following vote:
Ayes: Representatives Marchant; Ehrhardt; Elkins;
Giddings; Grusendorf; Patterson, L.P. "Pete";
Smith; Solomons (8).
Nays: None (0).
Present not Voting: None (0).
Absent: Representative Gutierrez (1).
HB 1077
The chair laid out HB 1077 as pending business.
Representative Grusendorf offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Elkins moved that HB 1077, 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 Marchant; Ehrhardt; Elkins;
Giddings; Grusendorf; Patterson, L.P. "Pete";
Smith; Solomons (8).
Nays: None (0).
Present not Voting: None (0).
Absent: Representative Gutierrez (1).
HB 1266
The chair laid out HB 1266 as pending business.
Representative Elkins offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Elkins moved that HB 1266, 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 Marchant; Ehrhardt; Elkins;
Giddings; Grusendorf; Patterson, L.P. "Pete";
Smith; Solomons (8).
Nays: None (0).
Present not Voting: None (0).
Absent: Representative Gutierrez (1).
HB 1375
The chair laid out HB 1375 as pending business.
Representative Grusendorf offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Elkins moved that HB 1375, as substituted,
be reported favorably to the full house with the
recommendation that it do pass and be printed and be sent
to the Committee on Local and Consent Calendars. The
motion prevailed by the following vote:
Ayes: Representatives Marchant; Ehrhardt; Elkins;
Giddings; Grusendorf; Patterson, L.P. "Pete";
Smith; Solomons (8).
Nays: None (0).
Present not Voting: None (0).
Absent: Representative Gutierrez (1).
At 5:25 pm, on the motion of the chair and without
objection, the meeting was adjourned subject to the call of
the chair.
______________________
Rep. Kenny Marchant, Chair
______________________