MINUTES SENATE COMMITTEE ON JURISPRUDENCE Wednesday, April 22, 1998 1:00 pm Library Building, 201 N. Ector, Euless, TX ***** Pursuant to a notice posted in accordance with Senate Rule 11.11, a public hearing of the Senate Committee on Jurisprudence was held on Wednesday, April 22, 1998 in the Library Building, 201 N. Ector, Euless, TX. ***** MEMBERS PRESENT: MEMBERS ABSENT: Senator Rodney Ellis Senator David Cain Senator Chris Harris Senator Gregory Luna Senator Robert Duncan Senator Steve Ogden Senator Jeff Wentworth ***** The Chair called the meeting to order at 1:10 pm. There being a quorum present, the following business was transacted. The following members arrived after the roll was called: Senator David Cain Richard A. Lewis, representing Mangelsdorf, Lewis & Davidson, Inc., testified regarding what defines a structured settlement. John Jeffries, representing American General Life Insurance Co., testified on the tax implications of structured settlements and the sale of structured settlements. Joe Mullis, representing Ringler Associates, Inc., testified on Senate Bill 883, pertaining to attorney - client relationships in structured settlements, from the 75th legislative session. Josephine M. Grillo, representing self, testified in favor of Senate Bill 883. Craig Sullivan, representing self, testified in favor of Senate Bill 883. Hartley Hampton, representing the Texas Trial Lawyers Association, testified on Senate Bill 883. Neil C. Johnson, representing Johnson Settlement Resources, testified in favor of Senate Bill 883. Senator Ellis announced the next meeting of the Senate Jurisprudence Committee would be in San Antonio and/or Fort Worth. There being no further business, at 2:56 pm Senator Ellis moved that the Committee stand recessed subject to the call of the Chair. Without objection, it was so ordered. ______________________ Senator Rodney Ellis, Chair ______________________ Rick Svatora, Clerk