** REVISION ** SENATE NOTICE OF PUBLIC HEARING COMMITTEE: Finance TIME & DATE: 1:30PM Or upon adjournment Thursday, August 4, 2005 PLACE: E1.036 CHAIR: Senator Steve Ogden ___________________________________________________________________________ To consider the following: SJR 4 Janek Proposing a constitutional amendment authorizing the legislature to authorize the governing body of a political subdivision to establish for purposes of ad valorem taxation by the political subdivision a lower limit on the maximum average annual percentage increase in the appraised value of residence homesteads in the political subdivision. SJR 7 Wentworth Proposing a constitutional amendment increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes to $22,500 and providing for an adjustment of the limitation on the total amount of taxes that may be imposed for those purposes on the homesteads of the elderly or disabled to reflect the increased exemption amount and changes in school district ad valorem tax rates. SJR 8 Barrientos Proposing a constitutional amendment increasing the amount of the residence homestead exemption from ad valorem taxation for public school purposes to $30,000 and providing for an adjustment of the limitation on the total amount of taxes that may be imposed for those purposes on the homesteads of the elderly or disabled to reflect the increased exemption amount and changes in school district ad valorem tax rates. SJR 9 Ogden Proposing a constitutional amendment authorizing a uniform statewide property tax for public education, abolishing school district property taxes for maintenance purposes, and authorizing a limited school district property tax for educational enrichment if approved by the voters of the district. SJR 10 Ogden Proposing a constitutional amendment to Section 24, Article VIII, Texas Constitution, clarifying that a tax imposed on a business entity other than a sole proprietorship is not a personal income tax. SJR 11 Ogden Proposing a constitutional amendment establishing a maximum tax rate of $1.25 per $100 of taxable value for school district ad valorem taxes for maintenance purposes and providing that an ad valorem tax imposed by a school district is not a state ad valorem tax. ___________________________________________________________________________ BILLS ADDED AFTER LAST POSTING: SJR 10 SJR 11