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Committee on Financial Institutions - 75th R.S. (1997)
Conduct active oversight of the agencies under the committee's jurisdiction.
Review the fees charged and availability of automated teller machines (ATM's).
Study the effects of the state opting into, or remaining out of, the federal interstate banking system under the Riegle-Neal Act. Include a detailed review of the potential franchise tax impact, if interstate branch banking is permitted in Texas.
Monitor federal banking reform initiatives to see that state interests in the regulation of financial institutions and insurance companies are protected. (Joint with the House Committee on Insurance)
Subject to passage of the constitutional amendment, monitor actions of the lending industry, the Finance Commission, and the Office of Consumer Credit to implement home equity lending.
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