House Committee on Financial Institutions 75th Legislature April 14, 1997 2:00 pm Capitol Extension, E1.010 Pursuant to a notice posted on April 9, 1997, and the suspension of the five-day posting rule to consider HB 3569 on April 14, 1997, the House Committee on Financial Institutions met in a public hearing and was called to order by the Chair, Representative Kenny Marchant at 4:40 pm. The roll was answered as follows: Present: Representatives Marchant; Elkins; Grusendorf; Patterson, L.P. "Pete"; Solomons (5). Absent: Representatives Gutierrez; Ehrhardt; Giddings; Smith (4). A quorum was present. (Representative Smith now present.) HB 2352 The chair recalled HB 2352 from subcommittee. Representative Solomons offered a complete committee substitute. The committee substitute was adopted without objection. Representative Elkins moved that HB 2352, 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; Elkins; Grusendorf; Patterson, L.P. "Pete"; Smith; Solomons (6). Nays: None (0). Present not Voting: None (0). Absent: Representatives Gutierrez; Ehrhardt; Giddings (3). SB 251 The chair laid out SB 251. Representative Elkins moved that SB 251 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; Elkins; Grusendorf; Patterson, L.P. "Pete"; Smith; Solomons (6). Nays: None (0). Present not Voting: None (0). Absent: Representatives Gutierrez; Ehrhardt; Giddings (3). HB 3569 The chair laid out HB 3569. Representative Grusendorf moved that HB 3569 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; Grusendorf; Patterson, L.P. "Pete"; Smith; Solomons (5). Nays: None (0). Present not Voting: None (0). Absent: Representatives Gutierrez; Ehrhardt; Elkins; Giddings (4). (Representative Gutierrez now present.) (Representative Ehrhardt now present.) (Representative Elkins now present.) HB 1833 The chair laid out HB 1833 as pending business. Representative Marchant offered a complete committee substitute. The committee substitute was adopted without objection. Representative Elkins moved that HB 1833, 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; Patterson, L.P. "Pete"; Solomons (6). Nays: None (0). Present not Voting: None (0). Absent: Representatives Giddings; Grusendorf; Smith (3). (Representative Giddings now present.) (Representative Grusendorf now present.) (Representative Smith now present.) HB 2722 The chair laid out HB 2722. The chair recognized Representative Maxey to explain the measure. Testimony was taken. The bill was left pending without objection. HB 3214 The chair laid out HB 3214. The chair recognized Representative Elkins to explain the measure. Testimony was taken. The chair recognized Representative Elkins to close on the measure. The bill was left pending without objection. HB 2338 The chair laid out HB 2338. The chair recognized Representative Goolsby to explain the measure. Testimony was taken. Representative Marchant offered a complete committee substitute. Representative Marchant offered an amendment to the committee substitute. The amendment was withdrawn. The committee substitute was withdrawn. The bill was left pending without objection. HB 2709 The chair laid out HB 2709. The chair recognized Representative Clark to explain the measure. Testimony was taken. Representative Smith offered a complete committee substitute. Representative Ehrhardt offered an amendment to the committee substitute. The amendment was adopted without objection. The committee substitute, as amended, was withdrawn. The bill was left pending without objection. HB 2924 The chair laid out HB 2924. The chair recognized Representative Coleman to explain the measure. Testimony was taken. Representative Giddings offered a complete committee substitute. The committee substitute was withdrawn. The bill was left pending without objection. HB 2671 The chair laid out HB 2671. The chair recognized Representative Burnam to explain the measure. Testimony was taken. Representative Marchant offered a complete committee substitute. The committee substitute was withdrawn. Representative Marchant offered a complete committee substitute. The committee substitute was adopted without objection. Representative Solomons moved that HB 2671, 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 8:05 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