MINUTES
SENATE COMMITTEE ON BUSINESS & COMMERCE
Thursday, March 6, 2003
9:00 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, March 6, 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 9:10 a.m. There
being a quorum present, the following business was transacted:
The Chairman advised that the committee would continue
discussions from the previous meeting on SB 126, the proposed
committee substitute for SB 127, and SB 128.
Senator Williams assumed the chair, laid out SB 126, SB 127 and
SB 128, pending in committee, and called for testimony to begin.
Jim Shawn, representing Texas Surplus Lines Association,
presented his testimony. The Chairman called Marilyn Hamilton,
Philip Presley and Matt Ray, representing the Texas Department
of Insurance, to respond to members' questions.
At 9:55 a.m. the Chairman moved that the committee stand
recessed until 15 minutes after adjournment of the Senate;
without objection, it was so ordered.
At 12:00 p.m. the committee reconvened. Senator Armbrister
assumed the chair and recalled Marilyn Hamilton, Philip Presley
and Matt Ray, Texas Department of Insurance resource witnesses,
to respond to additional questions.
The Chairman called for public testimony to begin. Witnesses
registering and testifying on the bills are shown on the
attached list. The chair moved that the public testimony be
closed; without objection, it was so ordered.
Senator Fraser resumed the chair and laid out SB 400, which was
pending in committee. He welcomed Senator Ratliff, who advised
the committee that the credit scoring report prepared by the
Bureau of Business Research, McCombs School of Business, The
University of Texas at Austin, had been delivered to him. The
report had been requested by Senator Ratliff during his term of
office as Lieutenant Governor of Texas. The report will be
provided to all members of the committee.
The Chairman moved that SB 126, SB 127, SB 128 and SB 400 be
left pending. Without objection, it was so ordered.
There being no further business, at 2:52 p.m. the Chairman 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