** REVISION ** SENATE NOTICE OF PUBLIC HEARING COMMITTEE: Finance TIME & DATE: 9:30AM, Wednesday, April 19, 2006 PLACE: E1.036 CHAIR: Senator Steve Ogden ___________________________________________________________________________ To consider the following: SJR 7 Ogden Proposing a constitutional amendment establishing a maximum school district ad valorem tax rate for maintenance purposes, providing that an ad valorem tax imposed by a school district is not a state ad valorem tax, authorizing the legislature to set a lower limit on increases in the appraised value of a residence homestead for purposes of ad valorem taxation by a school district, and increasing the residence homestead exemption from ad valorem taxation for public school purposes and correspondingly adjusting the limitation on ad valorem taxes imposed for those purposes on the homesteads of the elderly or disabled. ___________________________________________________________________________