HOUSE OF REPRESENTATIVES NOTICE OF PUBLIC HEARING COMMITTEE: Ways & Means TIME & DATE: 10:00AM, Wednesday, August 30, 2000 PLACE: E2.012 CHAIR: Rep. Rene Oliveira ___________________________________________________________________________ The House Committee on Ways and Means will meet to take up its interim charges to: Study the economic impact of Internet commerce on state and local tax revenues. Monitor the activities and recommendations of the federal Advisory Commission on Electronic Commerce; Review the tax exemptions and credits approved by the 76th Legislature, including S.B. 441 and the emergency severance tax measures, and evaluate their success in achieving legislative goals; and Identify and list the specific changes to the tax structure that would: (1) produce the most positive effect on gross state product; (2) produce the most positive effect on the creation and retention of jobs that pay a living wage; (3) most benefit troubled or declining industries, such as agriculture and oil production; (4) promote enhanced tax equity, including mitigation of the regressivity of the current tax structure; and (5) address loopholes that permit certain classes of taxpayers to avoid equitable taxation. ___________________________________________________________________________