The House Committee on Financial Institutions 77th Legislature May 10, 2001 Upon lunch recess House Chamber, Desk 26 Pursuant to an announcement from the house floor on May 10, 2001, the House Committee on Financial Institutions met in a formal meeting and was called to order by the chair, Representative Averitt, at 12:25 p.m. The roll was answered as follows: Present: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez; Pitts (7). Absent: Representatives Marchant; Wise (2). A quorum was present. SB 1611 The chair laid out SB 1611 as pending business. Representative Averitt offered a complete committee substitute. The committee substitute was adopted without objection. Representative Menendez moved that SB 1611, 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; Pitts (7). Nays: None (0). Present, Not Voting: None (0). Absent: Representatives Marchant; Wise (2). SB 988 The chair laid out SB 988 as pending business. Representative Menendez moved that SB 988, without amendments, 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 record vote: Ayes: Representatives Averitt; Solomons; Denny; Grusendorf; Hopson; Menendez; Pitts (7). Nays: None (0). Present, Not Voting: None (0). Absent: Representatives Marchant; Wise (2). At 12:27 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