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            The committee substitute was withdrawn.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
            
            
            
            ______________________