The House Committee on Financial Institutions 
         77th Legislature 
         March 26, 2001 
         3:00 p.m. 
         Capitol Extension, E2.014 
          
         Pursuant to a notice posted on March 21, 2001, the House  
         Committee on Financial Institutions met in a public hearing and  
         was called to order by the chair, Representative Averitt, at  
         3:10 p.m. 
          
         The roll was answered as follows: 
          
         Present:  Representatives Averitt; Denny; Grusendorf; Hopson;  
                   Menendez; Wise (6). 
          
         Absent:   Representatives Solomons; Marchant; Pitts (3). 
          
         A quorum was present. 
          
         HB 2190 
          
         The chair laid out HB 2190. 
          
         The chair recognized Representative Junell to explain the  
         measure.  
          
         The bill was left pending without objection.  
          
         (Representative Solomons now present.) 
          
         HB 3064 
          
         The chair laid out HB 3064. 
          
         The chair recognized Representative Junell to explain the  
         measure.  
          
         The chair recognized Representative Heflin to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Heflin to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
         HJR 97 
          
         The chair laid out HJR 97. 
          
         The chair recognized Representative Junell to explain the  
         measure.  
          
         The chair recognized Representative Heflin to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Heflin to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection. 
          
         HJR 81 
          
         The chair laid out HJR 81. 
          
         The chair recognized Representative Counts to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Counts to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         HB 2329 
          
         The chair laid out HB 2329. 
          
         The chair recognized Representative Solis, Jim to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         HB 3357 
          
         The chair laid out HB 3357. 
          
         The chair recognized Representative Kuempel to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Kuempel to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         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.  
          
         The committee substitute was adopted without objection. 
          
         Representative Solomons moved that HB 1636, 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).  
           
         (Representative Marchant now present.) 
          
         HB 1763 
          
         The chair laid out HB 1763 as pending business.  
          
         The chair recognized Representative McCall to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Solomons moved that HB 1763, 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; Marchant; Menendez; Wise  
                             (8).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representative Pitts  (1).  
           
         HB 1994 
          
         The chair laid out HB 1994 as pending business.  
          
         The chair recognized Representative Marchant to explain the  
         measure.  
          
         Representative Grusendorf moved that HB 1994, 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; Wise  
                             (8).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representative Pitts  (1).  
          
         HB 2139 
          
         The chair laid out HB 2139 as pending business.  
          
         The chair recognized Representative Marchant to explain the  
         measure.  
          
         Representative Solomons moved that HB 2139, 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; Wise  
                             (8).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representative Pitts  (1).  
           
         HB 2154 
          
         The chair laid out HB 2154 as pending business.  
          
         The chair explained the measure.  
          
         Representative Denny moved that HB 2154, 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; Wise  
                             (8).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representative Pitts  (1).  
           
         HB 1493 
          
         The chair laid out HB 1493 as pending business.  
          
         The chair recognized Representative Wise to explain the measure.  
          
         Representative Wise offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Denny moved that HB 1493, 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; Marchant; Menendez; Wise  
                             (8).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representative Pitts  (1).  
          
         HB 1768 
          
         The chair laid out HB 1768 as pending business.  
          
         The chair recognized Representative Grusendorf to explain the  
         measure.  
          
         Representative Averitt offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Solomons moved that HB 1768, 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; Marchant; Menendez; Wise  
                             (8).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representative Pitts  (1).  
          
         (Representative Solomons in chair.) 
          
         HB 2876 
          
         The chair laid out HB 2876. 
          
         The chair recognized Representative Grusendorf to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Grusendorf to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB 2834 
          
         The chair laid out HB 2834. 
          
         The chair recognized Representative Grusendorf to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Grusendorf to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB 2306 
          
         The chair laid out HB 2306. 
          
         The chair recognized Representative Chisum to explain the  
         measure.  
          
         Representative Solomons offered a complete committee substitute.  
          
         The chair recognized Representative Chisum to close on the  
  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         HJR 67 
          
         The chair laid out HJR 67. 
          
         The chair recognized Representative Chisum to explain the  
         measure.  
          
         Representative Solomons offered a complete committee substitute.  
          
         The chair recognized Representative Chisum to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection. 
          
         HB 2206 
          
         The chair laid out HB 2206. 
          
         The chair recognized Representative Dutton to explain the  
         measure.  
          
         Representative Solomons offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Dutton to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         (Representative Grusendorf in chair.) 
          
         HB 2988 
         The chair laid out HB 2988. 
          
         The chair recognized Representative Gutierrez to explain the  
         measure.  
          
         Representative Grusendorf offered a complete committee  
         substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Grusendorf to close on the  
         measure.  
  
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         At 6:18 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