House Committee on Financial Institutions 
         76th Legislature 
         March 8, 1999 
         3:00 pm  
         Capitol Extension, E2.012 
          
         Pursuant to a notice posted on March 3, 1999, the House  
         Committee on Financial Institutions met in a public hearing  
         and was called to order by the Chair, Representative Kip  
         Averitt at 3:07 pm. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Averitt; Solomons; Denny; Ehrhardt;  
                   Elkins; Grusendorf; Solis, Juan (7). 
          
         Absent:   Representatives Marchant; Pitts (2). 
          
         A quorum was present. 
          
         HB 511 
          
         The chair laid out HB 511.   
          
         The chair recognized Representative Dukes to explain the  
         measure.   
          
         Representative Solis, Juan offered a complete committee  
         substitute.   
          
         (Representative Marchant now present.)   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Dukes to close on the  
         measure.   
          
         The committee substitute was withdrawn. 
          
         The chair referred the bill to the Subcommittee on HB 511. 
          
         The chair named the following members to the Subcommittee on  
         HB 511:  Representative Elkins, Chair, Representatives  
         Solomons and Ehrhardt.  
          
         HB 1295 
          
         The chair laid out HB 1295.   
          
         The chair recognized Representative Smith to explain the  
         measure.   
         Testimony was taken.  (See attached witness list.) 
          
         The bill was left pending without objection.  
          
         (Representative Solomons in chair.)   
          
         HB 1810 
          
         The chair laid out HB 1810.   
          
         The chair recognized Representative Averitt to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Averitt to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 1879 
          
         The chair laid out HB 1879.   
          
         The chair recognized Representative Averitt to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Averitt to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         (Representative Averitt in chair.)   
          
         At 4:45 pm, on the motion of the chair and without objection,  
         the meeting was adjourned subject to the call of the chair.   
          
         ______________________ 
         Rep. Kip Averitt, Chair 
          
         ______________________ 
         Bryan McMath, Clerk