House Committee on Financial Institutions 75th Legislature March 10, 1997 2:00 pm Capitol Extension, E1.010 Pursuant to a notice posted on March 5, 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; Gutierrez; Elkins; Grusendorf; Patterson, L.P. "Pete"; Smith; Solomons (7). Absent: Representatives Ehrhardt; Giddings (2). A quorum was present. HB 617 The chair laid out HB 617. The chair recognized Representative Maxey to explain the measure. (Representatives Ehrhardt and Giddings now present.) (Representative Elkins now absent.) Testimony was taken. The chair recognized Representative Maxey to close on the measure. The bill was left pending without objection. HB 1833 The chair laid out HB 1833. The chair recognized Representative Jesse Jones to explain the measure. Testimony was taken. The chair recognized Representative Jesse Jones to close on the measure. The bill was left pending without objection. (Representative Gutierrez in chair.) HB 1843 The chair laid out HB 1843. The chair recognized Representative Marchant to explain the measure. Testimony was taken. Representative Patterson, L.P. "Pete" offered a complete committee substitute. The committee substitute was withdrawn. The bill was left pending without objection. (Representative Marchant in chair.) HB 1560 The chair laid out HB 1560 as pending business. The chair recognized Representative Smith to explain the measure. Representative Grusendorf moved that HB 1560 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; Gutierrez; Ehrhardt; Giddings; Grusendorf; Patterson, L.P. "Pete"; Smith; Solomons (8). Nays: None (0). Present not Voting: None (0). Absent: Representative Elkins (1). HB 1617 The chair laid out HB 1617 as pending business. Representative Smith moved that HB 1617 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; Gutierrez; Ehrhardt; Giddings; Grusendorf; Patterson, L.P. "Pete"; Smith; Solomons (8). Nays: None (0). Present not Voting: None (0). Absent: Representative Elkins (1). At 5:02 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 ______________________