MINUTES 
                                           
                            SENATE COMMITTEE ON FINANCE 
                               Monday, April 11, 2005 
                                     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 Monday, April 11, 2005, in the Capitol Extension, Room  
         E1.036, at Austin, Texas. 
          
                                       ***** 
                                           
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Steve Ogden                     Senator Kyle Janek 
         Senator Judith Zaffirini                 
         Senator Kip Averitt 
         Senator Gonzalo Barrientos 
         Senator Kim Brimer 
         Senator Bob Deuell 
         Senator Robert Duncan 
         Senator Jane Nelson 
         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 9:12 a.m.  There being  
         a quorum present, the following business was transacted:   
          
         The chair laid out SB 997, relating to the taxable value of  
         property for school finance purposes of certain school  
         districts, and recognized the author, Senator Madla, to explain  
         the bill.  Witnesses testifying and registering on the bill are  
         shown on the attached list.  
          
         At 9:14 a.m. Senator Zaffirini assumed the chair.   
          
         At 9:16 a.m. Senator Ogden resumed the chair.   
          
         The chair moved that the public testimony be closed; without  
         objection, it was so ordered.  Senator Ogden moved that SB 997  
         be left pending; without objection, it was so ordered.   
          
         The chair laid out SB 1334, relating to the determination of  
         school district property values and to the school district  
         property value study conducted by the comptroller of public  
         accounts, and recognized the author, Senator Madla, to explain  
  
         the bill.  Senator Williams sent up a committee substitute; the  
         chair recognized Senator Madla to explain the difference between  
         the committee substitute and the bill as filed.  Witnesses  
         testifying and registering on the bill are shown on the attached  
         list.  The chair moved that the public testimony be closed;  
         without objection, it was so ordered.  Senator Ogden moved that  
         SB 1334 be left pending; without objection, it was so ordered.   
          
         The chair laid out SB 263, relating to the use of certain  
         information relating to tax audits; providing penalties; and  
         recognized the author, Senator Williams, to explain the bill.   
         Witnesses testifying and registering on the bill are shown on  
         the attached list.  The chair moved that the public testimony be  
         closed; without objection, it was so ordered.  Senator Williams  
         moved that SB 263 be reported favorably to the Senate with the  
         recommendation that it do pass and be printed.  The motion  
         carried with a record vote of 10 ayes, 0 nay, 0 present not  
         voting, and 5 absent.  Senator Averitt requested unanimous  
         consent to be shown voting aye; without objection, it was so  
         ordered.  Senator Williams moved that the bill be recommended  
         for placement on the Local & Uncontested Calendar; without  
         objection, it was so ordered.   
          
         The chair laid out SB 1538, relating to the creation of the  
         individual development account program to provide savings  
         incentives and opportunities to eligible low-income working  
         individuals, and recognized the author, Senator Barrientos, to  
         explain the bill.  Senator Barrientos sent up a committee  
         substitute; the chair recognized Senator Barrientos to explain  
         the difference between the committee substitute and the bill as  
         filed.  Witnesses testifying and registering on the bill are  
         shown on the attached list.  The chair moved that the public  
         testimony be closed; without objection, it was so ordered.   
         Senator Ogden moved that SB 1538 be left pending; without  
         objection, it was so ordered.   
          
         The chair laid out SB 345, relating to the exemption from ad  
         valorem taxation of tangible personal property held temporarily  
         at a location in this state for assembling, storing,  
         manufacturing, processing, and fabricating purposes, and  
         recognized Senator Shapleigh, in the absence of the author, to  
         explain the bill.  Witnesses testifying and registering on the  
         bill are shown on the attached list.  The chair moved that the  
         public testimony be closed; without objection, it was so  
         ordered.  Senator Ogden moved that SB 345 be left pending;  
         without objection, it was so ordered.   
          
         The chair laid out SB 1484, relating to general revenue  
         appropriations to institutions of higher education, and  
         recognized the author, Senator Williams, to explain the bill.   
          
         At 11:19 a.m. Senator Zaffirini assumed the chair.   
          
         At 11:23 a.m. Senator Ogden resumed the chair.   
          
         Witnesses testifying and registering on the bill are shown on  
         the attached list.  The chair moved that the public testimony be  
         closed; without objection, it was so ordered.  Senator Williams  
         moved that SB 1484 be reported favorably to the Senate with the  
         recommendation that it do pass and be printed.  The motion  
         carried with a record vote of 8 ayes, 4 nays, 0 present not  
         voting, and 3 absent.   
          
         The chair laid out SB 1351, relating to the appeal of certain ad  
         valorem tax determinations through binding arbitration, and  
         recognized the author, Senator Williams, to explain the bill.   
         Witnesses testifying and registering on the bill are shown on  
         the attached list.  The chair moved that the public testimony be  
         closed; without objection, it was so ordered.  Senator Ogden  
         moved that SB 1351 be left pending; without objection, it was so  
         ordered.   
          
         At 1:16 p.m. Senator Ogden moved that the Committee stand  
         recessed until 15 minutes after adjournment of the Senate;  
         without objection, it was so ordered. 
          
         The Committee reconvened at 4:07 p.m. 
          
         The chair laid out SB 1569, relating to audits of state agency  
         expenditures to recover overpayments and lost discounts, and  
         recognized the author, Senator Williams, to explain the bill.   
         Witnesses testifying and registering on the bill are shown on  
         the attached list.  The chair moved that the public testimony be  
         closed; without objection, it was so ordered.  Senator Ogden  
         moved that SB 1569 be left pending; without objection, it was so  
         ordered.   
          
         The chair laid out SB 18, relating to the adoption of an ad  
         valorem tax rate by a taxing unit other than a school district,  
         and recognized the author, Senator Williams, to explain the  
         bill, which had been left pending at a previous hearing.   
         Senator Williams sent up a committee substitute; the chair  
         recognized Senator Williams to explain the difference between  
         the committee substitute and the bill as filed.  Witnesses  
         testifying and registering on the bill are shown on the attached  
         list.  The chair moved that the public testimony be closed;  
         without objection, it was so ordered.   Senator Ogden moved that  
         SB 18 be left pending; without objection, it was so ordered.   
          
         There being no further business, at 4:40 p.m. Senator Ogden  
         moved that the Committee stand recessed subject to the call of  
         the chair.  Without objection, it was so ordered.   
          
         _____________________________ 
         Senator Steve Ogden, Chair 
          
         _____________________________ 
  
         Amy Jeter, Clerk