ON DEADLINE.(House Democrats don't support bill that would allow credit unions and banks to...

Walk-out By Tex. Dems Likely To Doom Bill

AUSTIN, Texas-The state Senate last week approved a bill which would allow credit unions and banks to offer home equity lines of credit, but the mass walk-out by House Democrats makes it doubtful the bill will pass the House this session. "At this late date, the fact we're now sending this bill to the House; it's highly unlikely they'll be able to do it by the end of the session," Sen. Kip Averitt (R-Waco) a supporter of the measure, told The Credit Union Journal. The bill would expand the state's five-year-old law allowing hom