House Committee on Financial Institutions 
         76th Legislature 
         March 22, 1999 
         3:00 pm  
         Capitol Extension, E2.012 
          
         Pursuant to a notice posted on March 17, 1999, the House  
         Committee on Financial Institutions met in a public hearing  
         and was called to order by the Chair, Representative Kip  
         Averitt at 3:06 pm. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Averitt; Solomons; Denny; Elkins;  
                   Grusendorf; Marchant; Solis, Juan (7). 
          
         Absent:   Representatives Ehrhardt; Pitts (2). 
          
         A quorum was present. 
          
         HB 1812 
          
         The chair laid out HB 1812.   
          
         The chair recognized Representative Marchant (for  
         Representative Counts) to explain the measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         (Representatives Ehrhardt and Pitts now present.)   
          
         The chair recognized Representative Counts to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 814 
          
         The chair laid out HB 814.   
          
         The chair recognized Representative Jesse Jones to explain the  
         measure.   
          
         Representative Marchant offered a complete committee  
         substitute.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Jesse Jones to close on  
         the measure.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         HB 1635 
          
         The chair laid out HB 1635.   
          
         The chair recognized Representative Hupp to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Hupp to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 1805 
          
         The chair laid out HB 1805.   
          
         The chair recognized Representative  Dunnam to explain the  
         measure.   
          
         Representative Solis, Juan offered a complete committee  
         substitute.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative  Dunnam to close on the  
         measure.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         HB 1915 & HJR 2 
          
         The chair laid out HB 1915 and HJR 2.   
          
         The chair recognized Representative Oliveira to explain the  
         measures.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The bills were left pending without objection.  
         HB 2779 
          
         The chair laid out HB 2779.   
          
         The chair recognized Representative Denny (for Representative  
         Pitts) to explain the measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Denny (for Representative  
         Pitts) to close on the measure.   
          
         The bill was left pending without objection.  
          
         HB 2781 
          
         The chair laid out HB 2781.   
          
         The chair recognized Representative Denny (for Representative  
         Pitts) to explain the measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Denny (for Representative  
         Pitts) to close on the measure.   
          
         The bill was left pending without objection.  
          
         HB 1511 
          
         The chair laid out HB 1511 as pending business.   
          
         Representative Marchant offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Solis, Juan moved that HB 1511, 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 Averitt; Denny; Ehrhardt;  
                        Elkins; Grusendorf; Marchant; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Pitts (2). 
          
         HB 2180 
          
         The chair laid out HB 2180 as pending business.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         The committee substitute was adopted without objection. 
          
         Representative Solis, Juan moved that HB 2180, 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 Averitt; Denny; Ehrhardt;  
                        Elkins; Grusendorf; Marchant; Solis, Juan (7). 
  
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Pitts (2). 
          
         HB 2284 
          
         The chair laid out HB 2284 as pending business.   
          
         Representative Marchant moved that HB 2284 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 Averitt; Denny; Ehrhardt;  
                        Elkins; Grusendorf; Marchant; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Pitts (2). 
          
         HB 744 
          
         The chair laid out HB 744 as pending business.   
          
         Representative Ehrhardt offered a complete committee  
         substitute.   
          
         The chair recognized Representative Eiland to explain the  
         measure.   
          
         The committee substitute was adopted without objection. 
          
         Representative Ehrhardt moved that HB 744, 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 Averitt; Denny; Ehrhardt;  
                        Elkins; Grusendorf; Marchant; Solis, Juan (7). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representatives Solomons; Pitts (2). 
          
         At 5:20 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