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