The House Committee on Financial Institutions 77th Legislature March 19, 2001 3:00 p.m. Capitol Extension, E2.014 Pursuant to a notice posted on March 14, 2001, the House Committee on Financial Institutions met in a public hearing and was called to order by the chair, Representative Averitt, at 3:14 p.m. The roll was answered as follows: Present: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez; Wise (7). Absent: Representatives Marchant; Pitts (2). A quorum was present. HB 540 The chair laid out HB 540 as pending business. The chair recognized Representative Shields to explain the measure. Representative Solomons offered a complete committee substitute. The committee substitute was adopted without objection. Representative Grusendorf moved that HB 540, 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 record vote: Ayes: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representatives Marchant; Pitts; Wise (3). HB 690 The chair laid out HB 690 as pending business. Representative Solomons offered a complete committee substitute. The committee substitute was adopted without objection. Representative Denny moved that HB 690, 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 record vote: Ayes: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez; Wise (7). Nays: None (0). Present, Not Voting: None (0). Absent: Representatives Marchant; Pitts (2). HB 1385 The chair laid out HB 1385 as pending business. Representative Menendez moved that HB 1385, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed. The motion prevailed by the following record vote: Ayes: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representatives Marchant; Pitts; Wise (3). HB 1636 The chair laid out HB 1636 as pending business. The chair recognized Representative McCall to explain the measure. Representative Averitt offered a complete committee substitute. Testimony was taken. (See attached witness list.) The committee substitute was withdrawn without objection. The bill was left pending without objection. (Representative Solomons in chair.) HB 1522 The chair laid out HB 1522 as pending business. Representative Averitt offered a complete committee substitute. The committee substitute was adopted without objection. Representative Grusendorf moved that HB 1522, 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 record vote: Ayes: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representatives Marchant; Pitts; Wise (3). HB 2153 The chair laid out HB 2153 as pending business. The chair recognized Representative Averitt to explain the measure. Representative Grusendorf moved that HB 2153, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed. The motion prevailed by the following record vote: Ayes: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representatives Marchant; Pitts; Wise (3). HB 1869 The chair laid out HB 1869 as pending business. The chair recognized Representative Wohlgemuth to explain the measure. Representative Averitt offered a complete committee substitute. The committee substitute was adopted without objection. Representative Denny moved that HB 1869, 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 record vote: Ayes: Representatives Averitt; Solomons; Denny; Hopson; Menendez (5). Nays: Representative Grusendorf (1). Present, Not Voting: None (0). Absent: Representatives Marchant; Pitts; Wise (3). HB 1763 The chair laid out HB 1763. The chair recognized Representative McCall to explain the measure. Representative Averitt offered a complete committee substitute. Testimony was taken. (See attached witness list.) The chair recognized Representative McCall to close on the measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. (Representative Denny in chair.) HB 1684 The chair laid out HB 1684. The chair recognized Representative Solomons to explain the measure. Representative Solomons offered a complete committee substitute. (Representative Marchant now present.) (Representative Pitts now present.) Testimony was taken. (See attached witness list.) The chair recognized Representative Solomons to close on the measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. (Representative Solomons in chair.) HB 2154 The chair laid out HB 2154. 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 1994 The chair laid out HB 1994. 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. SB 585 The chair laid out SB 585. The chair recognized Representative Averitt to explain the measure. Representative Grusendorf moved that SB 585, without amendments, be reported favorably to the full house with the recommendation that it do pass and be printed. The motion prevailed by the following record vote: Ayes: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Marchant; Menendez; Pitts; Wise (9). Nays: None (0). Present, Not Voting: None (0). Absent: None (0). HB 2139 The chair laid out HB 2139. 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. HJR 4 The chair laid out HJR 4. The chair recognized Representative Wolens to explain the measure. Representative Solomons offered a complete committee substitute. Testimony was taken. (See attached witness list.) The chair recognized Representative Wolens to close on the measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. At 6:26 p.m., on the motion of the chair and without objection, the meeting was adjourned subject to the call of the chair. ________________________ Rep. Averitt, Chair ________________________ Bryan McMath, Clerk