SENATE NOTICE OF PUBLIC HEARING COMMITTEE: Tax Reform & Public School Finance, Select TIME & DATE: 8:00AM, Tuesday, May 6, 1997 PLACE: Senate Chamber CHAIR: Senator Kenneth Armbrister ___________________________________________________________________________ IF NECESSARY, THE COMMITTEE WILL CONTINUE TO TAKE TESTIMONY ON THE FOLLOWING: Note: Armbrister/Bivins are the Senate Sponsors for HJR 4 & HB 4. HJR 4 Craddick / et al. SP: Armbrister Proposing a constitutional amendment providing financial support for elementary and secondary public education, dedicating revenue and authorizing priority allocations of certain revenue, authorizing a state property tax and certain taxes on entities, providing property tax relief and reduced school taxes on residential property, including certain homestead property, and making implementation and conforming amendments. HB 4 Craddick SP: Armbrister Relating to funding public elementary and secondary schools and providing property tax relief and equity and to the imposition, administration, enforcement, and collection of, and allocation of the revenue from, various state and local taxes; providing for a cost control committee; providing penalties. ___________________________________________________________________________