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House Committee on Financial Institutions - 70th R.S. (1987)

Committee Members
Bruce Gibson, Chair
Albert Price, Vice Chair
Hugo Berlanga
Betty Denton
Jerald H. Larry
Eddie Lucio
Kenny Marchant
Nolan 'Buzz' Robnett
Ralph Wallace
Charges
• To monitor all activities and have budget oversight responsibilities for those agencies, boards, and commissions as listed in Rule 3, Section 12.
• To study the need to clarify and consolidate existing statutes governing the investment of public funds by local and regional governmental entities; and to study the advisability of expanding the investment option of local governments and institutions of Higher Education.
• To study the problems of unenforceable second liens on a homestead.
• To study the extent and public benefits of state regulatory authority over the savings and loan industry.
• To study the equity of imposing the state franchise tax on both a bank holding company and the individual banks and the feasibility of amending state law to resolve the issue.
• To study the lending practices and procedures of institutions and individuals that contribute to fraud, abuse and deception in the buying and selling of retail installment contracts.
• To study the public necessity of state regulation of bank services organizations.

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