House Committee on Financial Institutions - 75th R.S. (1997)

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Committee Members

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Charges

• 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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