House Committee on Financial Institutions 
         75th Legislature 
         April 17, 1997 
         10:30 am or upon final recess 
         Speaker's Committee Room 
          
         Pursuant to a notice posted on April 16, 1997, the House  
         Committee on Financial Institutions met in a formal meeting  
         and was called to order by the Chair, Representative Kenny  
         Marchant at 4:34 pm. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Marchant; Ehrhardt; Grusendorf;  
                   Patterson, L.P. "Pete"; Smith; Solomons (6). 
          
         Absent:   Representatives Gutierrez; Elkins; Giddings (3). 
          
         A quorum was present. 
          
         HB 2924 
          
         The chair laid out HB 2924 as pending business.   
          
         Representative Ehrhardt offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Ehrhardt moved that HB 2924, 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; Grusendorf;  
                        Patterson, L.P. "Pete"; Smith; Solomons (6). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Gutierrez; Elkins; Giddings  
                        (3). 
          
         (Representative Gutierrez now present.)   
          
         HB 2709 
          
         The chair laid out HB 2709 as pending business.   
          
         Representative Patterson, L.P. "Pete" offered a complete  
         committee substitute.   
          
         The committee substitute was adopted without objection. 
  
         Representative Smith moved that HB 2709, 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;  
                        Grusendorf; Patterson, L.P. "Pete"; Smith;  
                        Solomons (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Elkins; Giddings (2). 
          
         HB 2338 
          
         The chair laid out HB 2338 as pending business.   
          
         Representative Smith offered a complete committee substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Ehrhardt moved that HB 2338, as substituted, be  
         reported favorably to the full house with the recommendation  
         that it do pass and be printed.  The motion failed by the  
         following vote:   
          
         Ayes:          Representatives Marchant; Ehrhardt; Patterson,  
                        L.P. "Pete"; Smith (4). 
          
         Nays:          Representative Grusendorf (1). 
          
         Present not Voting:      Representatives Gutierrez; Solomons  
                                  (2). 
          
         Absent:        Representatives Elkins; Giddings (2). 
          
         The bill was left pending without objection.  
          
         (Representative Elkins now present.)   
          
         HJR 31 
          
         The chair laid out HJR 31 as pending business.   
          
         Representative Marchant offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Marchant moved that HJR 31, 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; Grusendorf; Patterson, L.P. "Pete";  
                        Smith; Solomons (8). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representative Giddings (1). 
          
         HB 1188 
          
         The chair laid out HB 1188 as pending business.   
          
         Representative Solomons offered a complete committee  
         substitute.   
          
         The committee substitute was adopted by the following record  
         vote: 
          
         Ayes:          Representatives Marchant; Gutierrez; Ehrhardt;  
                        Elkins; Grusendorf; Patterson, L.P. "Pete";  
                        Smith; Solomons (8). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representative Giddings (1). 
          
         Representative Ehrhardt moved that HB 1188, 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; Grusendorf; Patterson, L.P. "Pete";  
                        Smith; Solomons (8). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representative Giddings (1). 
          
         At 4:57 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