MINUTES 
                                           
                      SENATE COMMITTEE ON BUSINESS & COMMERCE 
                              Thursday, March 13, 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 13, 2003, in the Betty King  
         Committee Hearing Room, 2E.20, at Austin, Texas. 
          
                                       ***** 
                                           
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Troy Fraser, Chairman           Senator Eddie Lucio, Jr. 
         Senator Kip Averitt, Vice Chairman      Senator Leticia Van de  
                                                 Putte 
         Senator Kenneth Armbrister              Senator Tommy Williams 
         Senator Kim Brimer 
         Senator Craig Estes 
         Senator Mike Jackson 
                                           
                                       ***** 
                                           
         Chairman Fraser called the meeting to order at 9:08 a.m.  There  
         being a quorum present, the following business was transacted:   
          
         The Chairman called Jose Montemayor, Commissioner, Texas  
         Department of Insurance, to present an initial report on the  
         data received from insurers as a result of SB 310.  Also  
         testifying were Philip Presley and J'ne Byckorski of the Texas  
         Department of Insurance.  The Commissioner advised that a final  
         report would be available March 28, 2003. 
          
         Upon completion of the above testimony, and there being no  
         further business, at 9:50 a.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