MINUTES SENATE COMMITTEE ON FINANCE Wednesday, January 29, 2003 9:00 a.m. Capitol Extension, Room E1.036 ***** Pursuant to a notice posted in accordance with Senate Rule 11.18, a public hearing of the Senate Committee on Finance was held on Wednesday, January 29, 2003, in the Capitol Extension, Room E1.036, at Austin, Texas. ***** MEMBERS PRESENT: MEMBERS ABSENT: Senator Teel Bivins None Senator Judith Zaffirini Senator Kip Averitt Senator Gonzalo Barrientos Senator Kim Brimer Senator Robert Duncan Senator Kyle Janek Senator Jane Nelson Senator Steve Ogden Senator Florence Shapiro Senator Eliot Shapleigh Senator Todd Staples Senator Royce West Senator John Whitmire Senator Tommy Williams ***** The Chair called the meeting to order at 9:06 a.m. There being a quorum present, the following business was transacted: The Chair gave introductory remarks and welcomed the Members to the Senate Finance Committee. Members of the Committee introduced their staffs. The Chair introduced Committee staff. The Chair introduced staff from the Lieutenant Governor's Office, Governor's Office, Comptroller of Public Accounts, State Auditor's Office, and Legislative Budget Board. The Chair laid out the proposed Committee Rules. Senator Whitmire moved to adopt the rules; without objection the rules were adopted. The Chair recognized the following witnesses: Billy Hamilton, Office of the Comptroller of Pubic Accounts, gave testimony on 2003 and 2004/2005 Revenue Estimate. James Lebas, Office of the Comptroller of Public Accounts, gave testimony on 2003 and 2004/2005 Revenue Estimate. Lieutenant Governor Dewhurst gave his congratulations to the Members of the Committee for co-authoring the appropriations bill. He gave his support to the Committee and expressed how proud he was of the Members. Testimony from Billy Hamilton and James Lebas continued. At 10:50 a.m. the Chair moved that the Committee stand in recess until one hour after adjournment of the Senate. There was no objection. At 12:38 p.m. the Committee reconvened. Testimony from Billy Hamilton and James Lebas continued. John Keel, Director of the Legislative Budget Board, gave testimony on budget overview and zero-based budgeting and the "building blocks" approach. At 1:27 p.m. Senator Zaffirini assumed the chair. At 1:37 p.m. Senator Bivins resumed the chair. Ursula Parks, Manager of Public Education for the Legislative Budget Board, gave testimony on the source of new federal dollars available to Texas. Anita D'Souza, General Counsel for the Legislative Budget Board, gave testimony to clarify the estimated appropriations from the tobacco settlement endowments. The Chair announced the Committee would meet again on February 10, 2003. There being no further business, at 2:20 p.m. Senator Bivins moved that the Committee stand recessed subject to the call of the chair. Without objection, it was so ordered. ______________________ Senator Teel Bivins, Chair ______________________ Stephanie Hoover, Clerk