The House Committee on Financial Institutions 79th Legislature March 21, 2005 2:00 p.m. or upon final adjourn./recess Capitol Extension, E2.012 Pursuant to a suspension of the 5-day posting rule on March 17, 2005, the House Committee on Financial Institutions met in a public hearing and was called to order by the chair, Representative Solomons, at 2:14 p.m. The roll was answered as follows: Present: Representatives Solomons; McCall; Guillen; Flynn; Orr; Riddle (6). Absent: Representative Chavez (1). A quorum was present. The chair directed that the March 7, 2005, minutes for the House Committee on Financial Institutions be corrected. The corrected minutes were authorized without objection. HB 1088 The chair laid out HB 1088 as pending business. Representative McCall offered a complete committee substitute. The chair recognized Representative Riddle to explain the measure. The committee substitute was adopted without objection. Representative Solomons moved that HB 1088, as substituted, 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; McCall; Guillen; Flynn; Orr; Riddle (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representative Chavez (1). HB 1234 The chair laid out HB 1234 as pending business. Representative Orr offered a complete committee substitute. The chair recognized Representative Paxton to explain the measure. The committee substitute was adopted without objection. Representative Solomons moved that HB 1234, 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; McCall; Guillen; Flynn; Orr; Riddle (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representative Chavez (1). HB 1235 The chair laid out HB 1235 as pending business. Representative Solomons offered a complete committee substitute. The chair recognized Representative Paxton to explain the measure. The committee substitute was adopted without objection. Representative Flynn moved that HB 1235, 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; McCall; Guillen; Flynn; Orr; Riddle (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representative Chavez (1). SJR 7 The chair laid out SJR 7. Representative Solomons offered a complete committee substitute. 2 House Committee on Financial Institutions 3/21/2005 The chair recognized Representative Hochberg to explain the measure. Testimony was taken. (See attached witness list.) The committee substitute was adopted without objection. Representative Orr moved that SJR 7, as substituted, 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; McCall; Guillen; Flynn; Orr; Riddle (6). Nays: None (0). Present, Not Voting: None (0). Absent: Representative Chavez (1). HB 1935 The chair laid out HB 1935. Representative Flynn offered a complete committee substitute. The chair recognized Representative Keffer, Jim to explain the measure. Testimony was taken. (See attached witness list.) The chair recognized Representative Keffer, Jim to close on the measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. HB 1547 The chair laid out HB 1547. Representative Guillen offered a complete committee substitute. The chair recognized Representative Pickett to explain the measure. Testimony was taken. (See attached witness list.) (Representative Chavez now present.) The chair recognized Representative Pickett to close on the 3 House Committee on Financial Institutions 3/21/2005 measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. HB 1193 The chair laid out HB 1193. The chair recognized Representative Madden to explain the measure. Testimony was taken. (See attached witness list.) The chair recognized Representative Madden to close on the measure. The bill was left pending without objection. HB 1901 The chair laid out HB 1901. The chair recognized Representative Smith, Wayne to explain the measure. Testimony was taken. (See attached witness list.) The chair recognized Representative Smith, Wayne to close on the measure. The bill was left pending without objection. HB 1089 The chair laid out HB 1089. Representative Flynn offered a complete committee substitute. The chair recognized Representative Burnam to explain the measure. Testimony was taken. (See attached witness list.) (Representative McCall in chair.) (Representative Solomons in chair.) The committee substitute was withdrawn without objection. The bill was left pending without objection. HB 2223 4 House Committee on Financial Institutions 3/21/2005 The chair laid out HB 2223. The chair recognized Representative Giddings to explain the measure. Testimony was taken. (See attached witness list.) The chair recognized Representative Giddings to close on the measure. The bill was left pending without objection. HB 727 The chair laid out HB 727. Representative Solomons offered a complete committee substitute. The chair recognized Representative Villarreal to explain the measure. Testimony was taken. (See attached witness list.) The chair recognized Representative Villarreal to close on the measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. HB 1726 The chair laid out HB 1726. Representative Solomons offered a complete committee substitute. The chair recognized Representative Guillen to explain the measure. Testimony was taken. (See attached witness list.) The chair recognized Representative Guillen to close on the measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. HB 1582 The chair laid out HB 1582. Representative Solomons offered a complete committee substitute. 5 House Committee on Financial Institutions 3/21/2005 The chair recognized Representative Chavez to explain the measure. (Representative Guillen in chair.) Testimony was taken. (See attached witness list.) (Representative Solomons now present.) The chair recognized Representative Chavez to close on the measure. The committee substitute was withdrawn without objection. The bill was left pending without objection. HJR 52 The chair laid out HJR 52. The chair recognized Representative Flynn to explain the measure. Testimony was taken. (See attached witness list.) The chair recognized Representative Flynn to close on the measure. The bill was left pending without objection. At 7:19 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 ________________________ Chris Payne, Clerk 6