MINUTES
         
                    SENATE COMMITTEE ON ECONOMIC DEVELOPMENT
                           Tuesday, February 11, 1997
                                     9:00 am
                          Lt. Governor's Committee Room
         
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         Pursuant to a notice posted in accordance with Senate Rule 11.11, an open meeting of the Senate 
         Committee on Economic Development was held on Tuesday, February 11, 1997 in the Lt. Governor's 
         Committee Room, at Austin, Texas.  
         
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         MEMBERS PRESENT:                      MEMBERS ABSENT:
         Senator David Sibley, Chairman        Senator Chris Harris
         Senator David Cain, Vice Chairman     Senator Florence Shapiro
         Senator Robert Duncan                 Senator Eliot Shapleigh
         Senator Rodney Ellis
         Senator Tom Haywood
         Senator Eddie Lucio, Jr.
         Senator Frank Madla
         Senator Jerry Patterson
         
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         The Chair called the meeting to order at 9:00 am.  There being a quorum present, the following business 
         was transacted.  
         
         The Chair laid out SB 266 and recognized the author, Senator Ellis, who proposed a committee substitute 
         and explained the difference between the committee substitute and the bill as filed.  Senator Lucio sent up 
         Committee Amendment 1 to the proposed substitute and moved adoption; without objection, the 
         amendment was adopted.  Brenda Arnett, and Dan McNeil, representing Texas Department of Commerce, 
         testified in favor of the bill.  David Pinkus, representing Small Business United of Texas; Ted Sparks, 
         representing Wells Fargo Bank; Tina Collins, representing Joe Collins Photography; and J. P. Whitfield, 
         representing Whitfield Consulting, also testified in favor of the bill.  The Chair read the names of 
         witnesses registering on the bill but not wishing to testify.  All witnesses are shown on the attached 
         witness list.
         
         Senator Lucio moved that the proposed substitute as amended be incorporated into a new committee 
         substitute; without objection, it was so ordered.  Senator Ellis then moved adoption of the new 
         committee substitute; without objection, it was so ordered.  Senator Ellis moved that SB 266 do not pass 
         but that CSSB 266 be reported back to the Senate with the recommendation that it do pass and be 
         printed.  The motion carried with a vote of 8 ayes, 0 nays, 0 present not voting, and 3 absent.
           
         There being no further business, at 9:40 am Senator Sibley moved that the Committee stand recessed 
         subject to the call of the Chair; without objection, it was so ordered.  
         
         
         
         
         __________________________                   
         Senator David Sibley, Chairman
         
 
         


         ______________________
         Barbara Henderson, Clerk