MINUTES 
                                           
                            SENATE COMMITTEE ON FINANCE 
                               Tuesday, June 8, 2004 
                                     8:00 a.m. 
                              Capitol Extension E1.030 
                                           
                                       ***** 
                                           
         Pursuant to a notice posted in accordance with Senate Rule  
         11.18, a public hearing of the Senate Committee on Finance was  
         held on Tuesday, June 8, 2004, in the Capitol Extension, Room  
         E1.030, at Austin, Texas. 
          
                                       ***** 
                                           
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Steve Ogden                     Senator Kip Averitt 
         Senator Judith Zaffirini                Senator John Whitmire 
         Senator Gonzalo Barrientos 
         Senator Kim Brimer 
         Senator Bob Deuell 
         Senator Robert Duncan 
         Senator Kyle Janek 
         Senator Jane Nelson 
         Senator Florence Shapiro 
         Senator Eliot Shapleigh 
         Senator Todd Staples 
         Senator Royce West 
         Senator Tommy Williams 
                                           
                                       ***** 
                                           
         A joint hearing of the Senate Finance Committee and the Senate  
         Subcommittee on Higher Education was held.  Chairmen Ogden and  
         West shared presiding duties. 
          
         Senator Ogden called the Finance Committee to order at 8:01 a.m.   
         Senator West called the Subcommittee on Higher Education to  
         order at 8:02 a.m.  Roll call was taken for the Subcommittee on  
         Higher Education.  A quorum was present.  Senator Janek moved  
         adoption of the Subcommittee's minutes from the previous hearing  
         held on May 6, 2004; without objection, it was so ordered.  
          
         The Committees heard invited testimony on the joint interim  
         charge relating to evaluating the cost of increasing the number of Tier 1 universities in Texas, and  
         reexamining current and alternative methods of funding regional  
         universities, community colleges, and health science centers. Witnesses registering and testifying on the joint interim charge  
         are shown on the attached list. 
          
         At 10:25 a.m. roll call was taken for the Finance Committee.  A quorum was present.  Senator Zaffirini moved adoption of the  
         Committee's minutes from  
         the previous hearings held on May 24 and 25, 2004; without  
         objection, it was so ordered. 
          
         Invited testimony resumed. 
  
         There being no further business, at 12:55 p.m. Senator Ogden  
         moved that the Senate Finance Committee stand recessed subject  
         to the call of the chair; without objection, it was so ordered.   
         Senator West moved that the Senate Subcommittee on Higher  
         Education stand recessed subject to the call of the chair;  
         without objection, it was so ordered. 
          
         ______________________ 
         Senator Steve Ogden, Chair 
          
         ______________________ 
         Amy Jeter, Clerk