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

Committee: House Financial Institutions
Title: Interim report
Library Catalog Title: Interim report of the House Financial Institutions Committee, Texas House of Representatives, 70th Legislature.
Subjects: Banks and banking | Consumer credit and debt | Consumer Credit Commissioner, Office of | Financial investments | Franchise taxes | Fraud | Home equity loans | Liens | Public Funds Investment Act | Savings and Loans | Tax deductions |
Library Call Number: L1836.70 f49
Session: 70th R.S. (1987)
Online version: View report [89 pages  File size: 2,838 kb]
Charges: This report should address the charges below.
1. 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.
2. To study the problems of unenforceable second liens on a homestead.
3. To study the extent and public benefits of state regulatory authority over the savings and loan industry.
4. 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.
5. 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.

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