MINUTES SENATE COMMITTEE ON BUSINESS & COMMERCE Thursday, February 20, 2003 8:30 a.m. Betty King Committee Hearing Room, 2E.20 ***** Pursuant to a notice posted in accordance with Senate Rule 11.18, a public hearing of the Senate Committee on Business & Commerce was held on Thursday, February 20, 2003, in the Betty King Committee Hearing Room, 2E.20, at Austin, Texas. ***** MEMBERS PRESENT: MEMBERS ABSENT: Senator Troy Fraser, Chairman None Senator Kip Averitt, Vice Chairman Senator Kenneth Armbrister Senator Kim Brimer Senator Craig Estes Senator Mike Jackson Senator Eddie Lucio, Jr. Senator Leticia Van de Putte Senator Tommy Williams ***** Chairman Fraser called the meeting to order at 8:42 a.m. There being a quorum present, the following business was transacted: The Chairman advised that at this meeting public testimony would be heard on SB 14 and the homeowners and personal automobile rate portion of SB 400. Before proceeding with public testimony, however, the Committee would hear testimony from Rob Schneider, representing Consumers Union, who was a carryover from the previous hearing. Upon completion of Mr. Schneider's testimony, Philip Presley, Texas Department of Insurance, was called to respond to members' questions. Chairman Fraser read the names of witnesses registering on the bills but not wishing to testify. He then called for public testimony to begin. Witnesses testifying and registering on the bills are shown on the attached list. At 9:55 a.m. Chairman Fraser moved that the committee stand recessed until 15 minutes after adjournment of the Senate; without objection, it was so ordered. At 11:45 a.m. the committee reconvened, with public testimony continuing. Upon completion of public testimony, the Chairman moved that SB 14 and SB 400 be left pending; without objection, it was so ordered. There being no further business, at 12:45 p.m. Chairman Fraser moved that the Committee stand recessed subject to the call of the chairman. Without objection, it was so ordered. __________________________ Senator Troy Fraser, Chairman __________________________ Barbara Henderson, Clerk