House Committee on Financial Institutions
76th Legislature
April 12, 1999
3:00 pm
Capitol Extension, E2.012
Pursuant to a notice posted on April 7, 1999, the House
Committee on Financial Institutions met in a public hearing
and was called to order by the Chair, Representative Kip
Averitt at 3:10 pm.
The roll was answered as follows:
Present: Representatives Averitt; Solomons; Denny;
Grusendorf; Pitts; Solis, Juan (6).
Absent: Representatives Ehrhardt; Elkins; Marchant (3).
A quorum was present.
The chair directed that the March 29, 1999 minutes for the
House Committee on Financial Institutions be corrected. The
corrected minutes were authorized without objection.
(Representatives Ehrhardt; Elkins; and Marchant now present.)
HB 391
The chair laid out HB 391 as pending business.
The chair referred the bill to the Subcommittee on HB 391 & HB
562.
HB 562
The chair laid out HB 562 as pending business.
The chair referred the bill to the Subcommittee on HB 391 & HB
562.
The chair named the following members to the Subcommittee on
HB 391 & HB 562: Representative Ehrhardt, Chair,
Representatives Marchant and Solis, Juan.
HB 814
The chair laid out HB 814 as pending business.
Representative Averitt offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Solis, Juan moved that HB 814, 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; Solomons; Denny;
Ehrhardt; Grusendorf; Marchant; Pitts; Solis,
Juan (8).
Nays: None (0).
Present not Voting: Representative Elkins (1).
Absent: None (0).
HB 2068
The chair laid out HB 2068 as pending business.
The chair recognized Representative Marchant to explain the
measure.
Representative Grusendorf moved that HB 2068 be reported
favorably to the full house with the recommendation that it do
pass and be printed and be sent to the Committee on Local and
Consent Calendars. 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).
HB 2223
The chair laid out HB 2223 as pending business.
Representative Solis, Juan moved that HB 2223 be reported
favorably to the full house with the recommendation that it do
pass and be printed and be sent to the Committee on Local and
Consent Calendars. 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).
HB 3240
The chair laid out HB 3240 as pending business.
Representative Marchant offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Elkins moved that HB 3240, 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; Solomons; Denny;
Ehrhardt; Elkins; Grusendorf; Marchant; Pitts;
Solis, Juan (9).
Nays: None (0).
Present not Voting: None (0).
Absent: None (0).
HB 3511
The chair laid out HB 3511 as pending business.
Representative Grusendorf moved that HB 3511 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).
HB 3072
The chair laid out HB 3072 as pending business.
Representative Averitt offered an amendment to the measure.
The amendment was adopted without objection.
Representative Denny moved that HB 3072, as amended, 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).
HB 2235
The chair laid out HB 2235 as pending business.
Representative Averitt offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Marchant moved that HB 2235, 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; Solomons; Denny;
Ehrhardt; Elkins; Grusendorf; Marchant; Pitts;
Solis, Juan (9).
Nays: None (0).
Present not Voting: None (0).
Absent: None (0).
HB 3515
The chair laid out HB 3515 as pending business.
Representative Marchant offered a complete committee
substitute.
The committee substitute was adopted without objection.
Representative Elkins moved that HB 3515, 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; Solomons; Denny;
Ehrhardt; Elkins; Grusendorf; Marchant; Pitts;
Solis, Juan (9).
Nays: None (0).
Present not Voting: None (0).
Absent: None (0).
HB 2800
The chair laid out HB 2800.
The chair recognized Representative Driver to explain the
measure.
The chair recognized Representative Driver to close on the
measure.
The bill was left pending without objection.
HB 1510
The chair laid out HB 1510.
The chair recognized Representative Marchant to explain the
measure.
Representative Marchant offered a complete committee
substitute.
Testimony was taken. (See attached witness list.)
The committee substitute was withdrawn.
The bill was left pending without objection.
HB 2101
The chair laid out HB 2101.
The chair recognized Representative Pitts to explain the
measure.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Pitts to close on the
measure.
The bill was left pending without objection.
HB 3044 & HJR 83
The chair laid out HB 3044 and HJR 83.
The chair recognized Representative Hunter to explain the
measures.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Hunter to close on the
measures.
The bills were left pending without objection.
HB 1299 & HJR 46
The chair laid out HB 1299 and HJR 46.
The chair recognized Representative Yarbrough to explain the
measures.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Yarbrough to close on the
measures.
The bills were left pending without objection.
HB 763 & HJR 37
The chair laid out HB 763 and HJR 37.
The chair recognized Representative Dutton to explain the
measures.
Testimony was taken. (See attached witness list.)
The bills were left pending without objection.
HB 2338
The chair laid out HB 2338.
The chair recognized Representative Ehrhardt to explain the
measure.
Representative Averitt offered a complete committee
substitute.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Ehrhardt to close on the
measure.
The committee substitute was withdrawn.
The bill was left pending without objection.
HB 2743
The chair laid out HB 2743.
The chair recognized Representative Wise to explain the
measure.
Representative Elkins offered a complete committee substitute.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Wise to close on the
measure.
The committee substitute was withdrawn.
The bill was left pending without objection.
HB 2745
The chair laid out HB 2745.
The chair recognized Representative Wise to explain the
measure.
Representative Solomons offered a complete committee
substitute.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Wise to close on the
measure.
The committee substitute was withdrawn.
The bill was left pending without objection.
HB 1830
The chair laid out HB 1830.
The chair recognized Representative Elkins to explain the
measure.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Elkins to close on the
measure.
The bill was left pending without objection.
HB 2337
The chair laid out HB 2337.
The chair recognized Representative Ehrhardt to explain the
measure.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Ehrhardt to close on the
measure.
The bill was left pending without objection.
SJR15
The chair laid out SJR15.
The chair recognized Representative Pitts to explain the
measure.
Representative Pitts offered a complete committee substitute.
Testimony was taken. (See attached witness list.)
The chair recognized Representative Pitts to close on the
measure.
The committee substitute was withdrawn.
The bill was left pending without objection.
At 7:46 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