The House Committee on Financial Institutions 
         78th Legislature 
         April 28, 2003 
         Upon final adjourn./recess 
         Capitol Extension, E2.016 
          
         Pursuant to a notice posted on April 23, 2003, the House  
         Committee on Financial Institutions met in a public hearing and  
         was called to order by the chair, Representative Solomons, at  
         6:41 p.m. 
          
         The roll was answered as follows: 
          
         Present:  Representatives Solomons; Christian; Gutierrez; Flynn;  
                   Paxton (5). 
          
         Absent:   Representatives Hopson; Wise (2). 
          
         A quorum was present. 
          
         SB 521 
          
         The chair laid out SB 521, the companion to HB 1009, which the  
         committee has previously reported favorably. 
          
         Representative Christian moved that SB 521, 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 Solomons; Christian;  
                             Gutierrez; Flynn; Paxton (5).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Hopson; Wise  (2).  
           
         HB 2627 
          
         The chair laid out HB 2627 as pending business.  
          
         Representative Flynn offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Paxton moved that HB 2627, as substituted, 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 Solomons; Christian;  
                             Gutierrez; Flynn; Paxton (5).  
  
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Hopson; Wise  (2).  
           
         SB 1577 
          
         The chair laid out SB 1577, the companion to HB 2587, which the  
         committee has previously reported favorably. 
          
         Representative Flynn offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Gutierrez moved that SB 1577, as substituted, 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 Solomons; Christian;  
                             Gutierrez; Flynn; Paxton (5).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Hopson; Wise  (2).  
           
         SB 1578 
          
         The chair laid out SB 1578, the companion to HB 2585, which the  
         committee has previously reported favorably. 
         Representative Flynn offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Paxton moved that SB 1578, as substituted, 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 Solomons; Christian;  
                             Gutierrez; Flynn; Paxton (5).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Hopson; Wise  (2).  
           
         SB 1666 
 
         House Committee on Financial Institutions 
         4/28/2003 
          
         The chair laid out SB 1666, the companion to HB 2584, which the  
         committee has previously reported favorably. 
          
         Representative Flynn offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Christian moved that SB 1666, as substituted, 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 Solomons; Christian;  
                             Gutierrez; Flynn; Paxton (5).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Hopson; Wise  (2).  
           
         SB 1667 
          
         The chair laid out SB 1667, the companion to HB 2586, which the  
         committee has previously reported favorably. 
          
         Representative Flynn offered a complete committee substitute.  
          
         The committee substitute was adopted without objection. 
          
         Representative Solomons moved that SB 1667, as substituted, 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 Solomons; Christian;  
                             Gutierrez; Flynn; Paxton (5).  
           
         Nays:               None (0).  
           
         Present, Not Voting:     None  (0).  
           
         Absent:        Representatives Hopson; Wise  (2).  
           
         HB 1552 
          
         The chair laid out HB 1552. 
          
         Representative Christian offered a complete committee  
         substitute.  
          
         House Committee on Financial Institutions 
         4/28/2003 
          
         The chair recognized Representative Haggerty to explain the  
          measure.  
          
         (Representative Christian in chair.) 
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Haggerty to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
         HB 3111 
          
         The chair laid out HB 3111. 
          
         The chair recognized Representative Dunnam to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         (Representative Hopson now present.) 
          
         The chair recognized Representative Dunnam to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         (Representative Solomons in chair.) 
          
         HB 1205 
          
         The chair laid out HB 1205. 
          
         Representative Solomons offered a complete committee substitute.  
          
         The chair recognized Representative Dukes to explain the  
         measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         (Representative Wise now present.) 
          
         The chair recognized Representative Dukes to close on the  
         measure.  
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
          
         HB 3393 
          
         The chair laid out HB 3393. 
 
         House Committee on Financial Institutions 
         4/28/2003 
          
         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 3019 
          
         The chair laid out HB 3019. 
          
         The chair recognized Representative Wise to explain the measure.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Wise to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB 3505 
          
         The chair laid out HB 3505. 
          
         The chair recognized Representative Marchant to explain the  
         measure.  
          
         (Representative Christian in chair.) 
          
         Testimony was taken.  (See attached witness list.) 
          
         (Representative Solomons in chair.) 
          
         The chair recognized Representative Marchant to close on the  
         measure.  
          
         The bill was left pending without objection.  
          
         HB 3100 
          
         The chair laid out HB 3100. 
          
         The chair recognized Representative Madden to explain the  
         measure.  
         Representative Solomons offered a complete committee substitute.  
          
         Testimony was taken.  (See attached witness list.) 
          
         The chair recognized Representative Madden to close on the  
         measure.  
          
         House Committee on Financial Institutions 
         4/28/2003 
          
         The committee substitute was withdrawn without objection. 
          
         The bill was left pending without objection.  
           
         At 10:29 p.m., on the motion of the chair and without objection,  
         the meeting was adjourned subject to the call of the chair. 
          
         ________________________ 
         Rep. Solomons, Chair 
          
         ________________________ 
         Jeff Blaylock, Clerk