House Committee on Financial Institutions 
         76th Legislature 
         March 29, 1999 
         3:00 pm  
         Capitol Extension, E2.012 
          
                                CORRECTED MINUTES 
          
         On April 12, 1999, the House Committee on Financial  
         Institutions authorized the correction of the minutes for the  
         meeting of the House Committee on Financial Institutions held  
         on March 29, 1999.  The following are the corrected minutes  
         for that meeting: 
          
         Pursuant to a notice posted on March 24, 1999, the House  
         Committee on Financial Institutions met in a public hearing  
         and was called to order by the Chair, Representative Kip  
         Averitt at 3:05 pm. 
          
         The roll was answered as follows:   
          
         Present:  Representatives Averitt; Denny; Elkins; Grusendorf;  
                   Solis, Juan (5). 
          
         Absent:   Representatives Solomons; Ehrhardt; Marchant; Pitts  
                   (4). 
          
         A quorum was present. 
          
         HB 2320 
          
         The chair laid out HB 2320.   
          
         The chair recognized Representative Cuellar to explain the  
         measure.   
          
         (Representatives Marchant and Pitts now present.)   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Cuellar to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 2066 
          
         (Representatives Solomons and Ehrhardt now present.)   
          
         The chair laid out HB 2066.   
          
         The chair recognized Representative Marchant to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
  
         The chair recognized Representative Marchant to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 2069 
          
         The chair laid out HB 2069.   
          
         The chair recognized Representative Marchant to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Marchant to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 3512 
          
         The chair laid out HB 3512.   
          
         The chair recognized Representative Marchant to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Marchant to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         (Representative Elkins in chair.)   
          
         HB 3276 
          
         The chair laid out HB 3276.   
          
         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.) 
          
         (Representative Elkins now absent.) 
          
         HB 562 
  
         The chair laid out HB 562.   
          
         The chair recognized Representative Giddings to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Giddings to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 391 
          
         The chair laid out HB 391.   
          
         The chair recognized Representative Tillery to explain the  
         measure.   
          
         Representative Ehrhardt offered a complete committee  
         substitute.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Tillery to close on the  
         measure.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         (Representative Elkins now present.)   
          
         HB 3622 
         The chair laid out HB 3622.   
          
         The chair recognized Representative Tillery to explain the  
         measure.   
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Tillery to close on the  
         measure.   
          
         The bill was left pending without objection.  
          
         HB 2781 
          
         The chair laid out HB 2781 as pending business.   
          
         The chair recognized Representative Pitts to explain the  
         measure.   
          
         Representative Solis, Juan moved that HB 2781 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; Solomons; Denny;  
                        Ehrhardt; Elkins; Grusendorf; Pitts; Solis,  
                        Juan (8). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        Representative Marchant (1). 
          
         HB 1805 
          
         The chair laid out HB 1805 as pending business.   
          
         Representative Averitt offered a complete committee  
         substitute.   
          
         The committee substitute was withdrawn. 
          
         The bill was left pending without objection.  
          
         HB 1812 
          
         The chair laid out HB 1812 as pending business.   
          
         Representative Solomons moved that HB 1812 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; Solomons; Denny;  
                        Ehrhardt; Elkins; Grusendorf; Marchant; Pitts;  
                        Solis, Juan (9). 
          
         Nays:          None (0). 
          
         Present not Voting:      None (0). 
          
         Absent:        None (0). 
          
         At 8:20 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