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