MINUTES 
                                           
                  JOINT SELECT COMMITTEE ON PUBLIC SCHOOL FINANCE 
                               Monday, April 19, 2004 
                                     10:00 a.m. 
                            Capitol Extension Auditorium 
                                           
                                       ***** 
                                           
         Pursuant to a notice posted in accordance with Senate Rule  
         11.18, a public hearing of the Joint Select Committee on Public  
         School Finance was held on Monday, April 19, 2004, in the  
         Capitol Extension Auditorium at Austin, Texas. 
          
                                       ***** 
                                           
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Florence Shapiro                Representative Talmadge  
                                                 Heflin 
         Senator Eddie Lucio, Jr.                Dr. Caroline Hoxby 
         Senator Steve Ogden                     Donald McAdams 
         Senator Todd Staples                    Representative Ron  
                                                 Wilson 
         Senator Leticia Van de Putte 
         Representative Kent Grusendorf 
         Carolyn Bacon 
         Representative Fred Hill 
         Jack Ladd 
         Representative Vilma Luna 
         Representative Kenny Marchant 
                                           
                                       ***** 
                                           
         Senator Shapiro called the meeting to order at 10:10 a.m.  There  
         being a quorum present, the following business was transacted:   
          
         Senator Shapiro welcomed members of the Committee and introduced  
         Governor Rick Perry who addressed the Committee on his School  
         Finance Proposal. 
          
         Witnesses testifying and registering on the panel on educational  
         excellence incentives and education funding are shown on the  
         attached list.   
          
         At 1:10 p.m. Representative Grusendorf assumed the chair.   
          
         Witnesses testifying and registering on the panel on property  
         tax base are shown on the attached list.   
          
         Witnesses testifying and registering on the panel on equity are  
         shown on the attached list.    
          
         At 1:45 p.m. Senator Shapiro resumed the chair.   
  
         Witnesses testifying and registering on the panel on revenue  
         caps and property appraisals are shown on the attached list.   
          
         Witnesses testifying and registering on the panel on revenue  
         options are shown on the attached list. 
          
         At 4:15 p.m. Representative Hill assumed the chair.   
          
         At 4:40 p.m. Senator Shapiro resumed the chair.   
          
         Witnesses testifying and registering on the panel on job  
         creation and economic climate are shown on the attached list.     
          
         Witnesses testifying and registering on the Governor's School  
         Finance Proposal are shown on the attached list.        
          
         At 7:34 p.m. Senator Staples assumed the chair.  
          
         At 7:50 p.m. Senator Shapiro resumed the chair.    
          
         The chair moved that the public testimony be closed; without  
         objection, it was so ordered.   
          
         There being no further business, at 7:50 p.m. Senator Shapiro  
         moved that the Committee stand recessed subject to the call of  
         the chair.  Without objection, it was so ordered.   
          
         Senator Florence Shapiro, Co-Chair                      
                                                      Representative Kent  
                                                      Grusendorf,  
                                                      Co-Chair 
          
         Cindy Hodges, Clerk