MINUTES
SENATE COMMITTEE ON FINANCE
Monday, February 1, 1999
9:00 a.m.
Capitol Extension, Room E1.036
*****
Pursuant to a notice posted in accordance with Senate Rule
11.11, a public hearing of the Senate Committee on Finance was
held on Monday, February 1, 1999 in the Capitol Extension,
Room E1.036, at Austin, Texas.
*****
MEMBERS PRESENT: MEMBERS ABSENT:
Senator Bill Ratliff None
Senator Carlos Truan
Senator Gonzalo Barrientos
Senator John Carona
Senator Robert Duncan
Senator Troy Fraser
Senator Mario Gallegos, Jr.
Senator Jon Lindsay
Senator Mike Moncrief
Senator Steve Ogden
Senator Royce West
*****
The Chair called the meeting to order at 9:05 a.m. There
being a quorum present, the following business was transacted.
The following members arrived after the roll was called:
none.
The Chair recognized John O'Brien to explain the Legislative
Budget Board's Budget and Performance Summaries.
The Chair recognized the following to provide testimony on
Legislative Budget Board (LBB) recommendations:
State Securities Board
David Pagan, LBB
Nicholas C. Taylor, Board Chairman
Denise Voight Crawford, Commissioner
Tom Spradlin, Director of Information Resources and
Planning
Department of Licensing and Regulation
Cassandra Burke, LBB
Elliott McConnoll, Board Member
Rachelle Martin, Executive Director
Patrice Nance, Director of Administration
Shannon Noble, Texas Air Conditioning Contractors
Association
John Osgood, Jr., Texas Air Conditioning Contractors
Association
Nancy Jones, Texas Air Conditioning Contractors
Association
Maria Tamez, Coalition of Texans with Disabilities
Racing Commission
Heidi Lopez-Cepero, LBB
Tim Craig, Chief Financial Officer
Paula C. Flowerday, Executive Secretary
Registering, but not testifying:
Jean Cook, Deputy Director
Real Estate Commission
David Pagan, LBB
Jay Brummett, Board Chairman
Wayne Thorburn, Administrator
Registering, but not testifying:
Brian E. Francis, Assistant Administrator
Mark Lehman, Texas Association of Realtors
Appraiser Licensing and Certification Board
David Pagan, LBB
Renil Liner, Commissioner
Ben E. Barnett, Board Member
Tax Professional Examiners
Rick Travis, LBB
David Montoya, Executive Director
Foy Mitchell, Jr., Chief Appraiser
Board of Professional Land Surveying
Cassandra Burke, LBB
Andrew Sikes, Board Member
Sandy Smith, Executive Director
Workers' Compensation Commission
Cassandra Burke, LBB
Len Riley, Executive Director
Research & Oversight Council on Workers' Compensation
Cassandra Burke, LBB
D. Scott McAnally, Executive Director
Registering, but not testifying:
Amy Lee, Research Specialist
Charles A. Barnett, Staff Services Officer
Department of Insurance
David Pagan, LBB
Jose Montemayor, Commissioner
Elton Bomer, Secretary of State (former Commissioner)
Registering, but not testifying:
Karen Phillips, Chief Financial Officer
Office of Public Insurance Counsel
David Pagan, LBB
Rod Bordelon, Executive Director
Credit Union Department
David Pagan, LBB
Richard A. Glasco, Vice Chairman
Harold Feeney, Commissioner
Anne Boatright, Chief Executive Officer of a local credit
union
Registering, but not testifying:
Lynette Pool-Harris, Deputy Commissioner
Hal Thomas, Board Member
Consumer Credit Commissioner
David Pagan, LBB
Leslie L. Pettijohn, Commissioner
Savings & Loan Department
David Pagan, LBB
Jim Pledger, Commissioner
Registering, but not testifying:
John T. DeMarines, Director of Corporate Activities
Banking Department
David Pagan, LBB
Catherine A. Ghiglieri, Commissioner
Finance Commission
David Pagan, LBB
Catherine A. Ghiglieri, Banking Commissioner
Registering, but not testifying:
Steven Hastings, Board Member
There being no further business, at 3:40 p.m., Senator Ratliff
announced that the Committee would stand recessed until 9:00
a.m., Tuesday, February 2, 1999. Without objection, it was so
ordered.
______________________
Senator Bill Ratliff, Chair
______________________
Patricia Hicks, Clerk