** REVISION ** SENATE NOTICE OF PUBLIC HEARING COMMITTEE: Economic Development TIME & DATE: 9:00AM, Thursday, April 3, 1997 PLACE: Senate Chamber CHAIR: Senator David Sibley ___________________________________________________________________________ To be considered: SB 746 Sibley Relating to property tax increment financing and property tax abatements. SB 747 Sibley Relating to the administration and financing of certain industrial development corporations. SB 932 Sibley Relating to abolishing the Texas Department of Commerce and transferring its powers and duties to the newly created Texas Department of Economic Development and Tourism and to certain other economic development programs in the state. SB 976 Madla Relating to managed care plans issued by managed care organizations under Medicare risk-sharing contracts; imposing administrative penalties. SB 1265 Armbrister Relating to the abolition of the Texas Department of Commerce, and the consolidation of economic development and tourism activities from the Texas Department of Commerce and other agencies into the Office of Economic Development and Tourism and a public-private effort called "Partnership Texas." SB 1409 Sibley Relating to the creation of the Invest Texas program to encourage capital investment and job creation. SB 1450 Nelson Relating to the terms of tax abatement agreements entered into by the Dallas County Flood Control District No. 1. SB 1557 Sibley Relating to certain contributions and tax abatement agreements of a school district for the support of reinvestment zones. ___________________________________________________________________________ BILLS ADDED AFTER LAST POSTING: SB 1450 BILLS DELETED AFTER LAST POSTING: SB 248