House Committee on Financial Institutions
75th Legislature
April 7, 1997
2:00 pm
Capitol Extension, E1.010
Pursuant to a notice posted on April 2, 1997, the House
Committee on Financial Institutions met in a public hearing
and was called to order by the Chair, Representative Kenny
Marchant at 2:11 pm.
The roll was answered as follows:
Present: Representatives Marchant; Gutierrez; Ehrhardt;
Giddings; Grusendorf; Patterson, L.P. "Pete"; Smith;
Solomons (8).
Absent: Representative Elkins (1).
A quorum was present.
(Representative Elkins now present.)
HB 3077
The chair laid out HB 3077.
The chair recognized Representative Oliveira to explain the
measure.
Testimony was taken.
Representative Gutierrez offered a complete committee
substitute.
Representative Solomons offered an amendment to the committee
substitute.
The amendment was adopted without objection.
The committee substitute, as amended, was adopted without
objection.
The chair directed the staff to incorporate the amendments
into the committee substitute.
Representative Gutierrez moved that HB 3077, 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; Gutierrez; Ehrhardt;
Elkins; Giddings; Grusendorf; Patterson, L.P.
"Pete"; Smith; Solomons (9).
Nays: None (0).
Present not Voting: None (0).
Absent: None (0).
HB 3076
The chair laid out HB 3076.
The chair recognized Representative Oliveira to explain the
measure.
Representative Grusendorf moved that HB 3076 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; Gutierrez; Ehrhardt;
Elkins; Giddings; Grusendorf; Patterson, L.P.
"Pete"; Smith; Solomons (9).
Nays: None (0).
Present not Voting: None (0).
Absent: None (0).
HB 3078
The chair laid out HB 3078.
The chair recognized Representative Oliveira to explain the
measure.
Representative Gutierrez moved that HB 3078 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; Gutierrez; Ehrhardt;
Elkins; Giddings; Grusendorf; Patterson, L.P.
"Pete"; Smith; Solomons (9).
Nays: None (0).
Present not Voting: None (0).
Absent: None (0).
HB 2967
The chair laid out HB 2967.
The bill was left pending without objection.
HB 3124
The chair laid out HB 3124.
The bill was left pending without objection.
HB 3503
The chair laid out HB 3503.
The bill was left pending without objection.
HB 3511
The chair laid out HB 3511.
The chair recognized Representative Greenberg to explain the
measure.
Representative Giddings offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Ehrhardt moved that HB 3511, 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; Gutierrez; Ehrhardt;
Giddings; Grusendorf; Patterson, L.P. "Pete";
Smith (7).
Nays: None (0).
Present not Voting: None (0).
Absent: Representatives Elkins; Solomons (2).
(Representative Elkins now present.)
(Representative Solomons now present.)
HB 3168
The chair recognized Representative Driver to explain the
measure.
Testimony was taken.
Representative Solomons offered a complete committee
substitute.
Representative Grusendorf offered an amendment to the
committee substitute.
The amendment was withdrawn.
Representative Solomons offered an amendment to the committee
substitute.
The amendment was adopted without objection.
The committee substitute, as amended, was adopted without
objection.
The chair directed the staff to incorporate the amendments
into the committee substitute.
Representative Ehrhardt moved that HB 3168, 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; Gutierrez; Ehrhardt;
Elkins; Giddings; Patterson, L.P. "Pete";
Smith; Solomons (8).
Nays: None (0).
Present not Voting: None (0).
Absent: Representative Grusendorf (1).
(Representative Grusendorf now present.)
HB 2947
The chair laid out HB 2947.
The chair recognized Representative Giddings to explain the
measure.
Testimony was taken.
The bill was left pending without objection.
HB 2877
The chair laid out HB 2877.
The chair recognized Representative Greenberg to explain the
measure.
Testimony was taken.
Representative Ehrhardt offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Ehrhardt moved that HB 2877, 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; Gutierrez; Ehrhardt;
Elkins; Giddings; Patterson, L.P. "Pete";
Smith; Solomons (8).
Nays: None (0).
Present not Voting: None (0).
Absent: Representative Grusendorf (1).
(Representative Grusendorf now present.)
Representative Marchant moved to reconsider the vote by which
HB 2877, as substituted, was reported without objection.
Representative Grusendorf moved to reconsider the motion to
adopt the committee substitute without objection.
Representative Grusendorf offered an amendment to the
committee substitute.
The amendment was adopted without objection.
The committee substitute, as amended, was adopted without
objection.
The chair directed the staff to incorporate the amendments
into the committee substitute.
Representative Grusendorf moved that HB 2877, 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;
Grusendorf; Solomons (5).
Nays: None (0).
Present not Voting: None (0).
Absent: Representatives Gutierrez; Giddings; Patterson,
L.P. "Pete"; Smith (4).
(Representative Gutierrez now present.)
HB 2902
The chair laid out HB 2902.
The chair recognized Representative Gutierrez to explain the
measure.
Testimony was taken.
Representative Marchant offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Grusendorf moved that HB 2902, 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; Gutierrez; Ehrhardt;
Elkins; Grusendorf; Solomons (6).
Nays: None (0).
Present not Voting: None (0).
Absent: Representatives Giddings; Patterson, L.P.
"Pete"; Smith (3).
(Representative Smith now present.)
HB 2436
The chair laid out HB 2436 as pending business.
The chair recognized Representative Keel to explain the
measure.
Representative Elkins moved that HB 2436 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;
Grusendorf; Smith; Solomons (6).
Nays: None (0).
Present not Voting: None (0).
Absent: Representatives Gutierrez; Giddings; Patterson,
L.P. "Pete" (3).
HB 2548
The chair laid out HB 2548.
The chair recognized Representative Solomons to explain the
measure.
Testimony was taken.
The chair referred the bill to the Subcommittee on HB 2548.
The chair named the following members to the Subcommittee on
HB 2548: Representative Giddings, Chair, Representatives
Ehrhardt and Solomons.
(Representative Elkins in chair.)
HB 3334
The chair laid out HB 3334.
The chair recognized Representative Marchant to explain the
measure.
Testimony was taken.
Representative Smith offered a complete committee substitute.
The committee substitute was adopted without objection.
The chair recognized Representative Marchant to close on the
measure.
Representative Grusendorf moved that HB 3334, 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;
Grusendorf; Smith; Solomons (6).
Nays: None (0).
Present not Voting: None (0).
Absent: Representatives Gutierrez; Giddings; Patterson,
L.P. "Pete" (3).
HB 2798
The chair laid out HB 2798.
The chair recognized Representative Marchant to explain the
measure.
Testimony was taken.
Representative Smith offered a complete committee substitute.
The committee substitute was withdrawn.
The chair recognized Representative Marchant to close on the
measure.
The bill was left pending without objection.
HB 2352
The chair laid out HB 2352.
The chair recognized Representative Marchant to explain the
measure.
Testimony was taken.
Representative Smith offered a complete committee substitute.
The committee substitute was withdrawn.
The chair referred the bill to the Subcommittee on HB 2352.
The chair named the following members to the Subcommittee on
HB 2352: Representative Solomons, Chair, Representatives
Elkins and Grusendorf.
(Representative Marchant in chair.)
HB 2796
The Chair referred HB 2796 directly to Subcommittee.
The chair named the following members to the Subcommittee on
HB 2796: Representative Elkins, chair, Representatives
Marchant and Smith.
At 8:11 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
______________________
Bryan McMath, Clerk