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House Committee on Financial Institutions - 77th R.S. (2001)

Committee Members
Kip Averitt, Chair
Burt Solomons, Vice Chair
Mary Denny
Holt Getterman
Kent Grusendorf
Chuck Hopson
Kenny Marchant
José Menéndez
Jim Pitts
Miguel "Mike" Wise
Charges
• Review the mortgage lending industry in Texas to determine whether the expectations of the Mortgage Broker Licensing Act of 1999 and subsequent related legislation are being met.

• Research trends and practices in the sub-prime lending market in Texas and identify any issues of public concern in those markets.

• Review the practices of financial institutions to comply with consumer privacy provisions of the Gramm-Leach-Bliley Act, and assess the ease and convenience afforded customers in exercising their choices.

• Evaluate the ability of the Texas agricultural community to gain access to capital markets throughout the state. Identify barriers to financing of viable agricultural and value-added enterprises. Review and evaluate the finance programs administered by the Texas Department of Agriculture. (Joint with House Committee on Agriculture and Livestock)

• Study the methods currently used to report pawnshop transaction data between pawn shops and law enforcement agencies.

• Actively monitor agencies and programs under the committee's oversight jurisdiction.

Note:
Kip Averitt (Chair) resigned 4/9/2002. Holt Getterman (Member) appointed 5/21/2002.

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