** REVISION ** SENATE NOTICE OF PUBLIC HEARING COMMITTEE: Finance TIME & DATE: 8:30 AM, Thursday, May 03, 2007 PLACE: E1.036 (Finance Room) CHAIR: Senator Steve Ogden To consider the following: SB 1962 Zaffirini Relating to authorizing the issuance of revenue bonds for Prairie View A&M University. SB 1485 Lucio Relating to the establishment of the Texas Rural Development Fund and to the establishment, operation, and funding of certain programs for rural economic development. SB 676 Williams Relating to state financial assistance to school districts that make contributions for social security coverage. SJR 57 Williams Proposing a constitutional amendment providing for the issuance of general obligation bonds to finance educational loans to students and for authority to enter into bond enhancement agreements with respect to such bonds. SB 1640 Williams Relating to the student loan program administered by the Texas Higher Education Coordinating Board; authorizing the issuance of bonds. SB 1641 Williams Relating to the student loan program administered by the Texas Higher Education Coordinating Board and to bonds issued in relation to that program. SJR 66 Williams Proposing a constitutional amendment to create real estate and investment special fund accounts within the permanent school fund and to allow for transfers between those accounts, to authorize the Commissioner of the General Land Office or another statutorily designated entity to manage real estate portfolio investments of the permanent school fund, and to allow the returns from permanent school fund real estate portfolio investments to be added to the available school fund for the support of public schools. SB 257 Carona Relating to limitations on the combined rates of transit and other local sales and use taxes. SB 1936 Van de Putte Relating to exempting fuel ethanol blended with gasoline from the motor fuels tax. SB 1460 Seliger Relating to a franchise tax credit for purchasing electricity from a clean coal project. SB 1477 Seliger Relating to the continuation of certain severance tax credits for certain low-producing wells. SB 1748 Nichols Relating to the collateralization of certain public funds; providing administrative penalties. Pending Business:

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SB 49 Zaffirini / et al. Relating to exempting books purchased by university and college students from the sales tax for a limited period. SB 106 Ellis Relating to the exemption from the sales tax for clothing and footwear. SB 107 Ellis Relating to exemptions from the sales tax for certain school supplies and instructional materials. SJR 17 Hegar Proposing a constitutional amendment providing that a limit on the maximum percentage increase in the appraised value of a residence homestead for ad valorem tax purposes established by the legislature applies regardless of the number of years since the most recent tax appraisal. SB 391 Hegar Relating to the limit on the maximum percentage increase in the appraised value of a residence homestead for ad valorem tax purposes. SB 504 Wentworth Relating to the exemption from ad valorem taxation for certain solar or wind-powered energy devices. SB 741 Carona Relating to imposition of local sales and use taxes on certain taxable items shipped outside a transit authority. SB 953 Brimer Relating to the application of the sales tax to services for repairing and remodeling certain historic commercial properties. SB 1421 Wentworth Relating to allowing the creation of scientific and cultural facilities districts in council of government regions; authorizing a tax. SB 1638 Williams Relating to the calculation of an effective tax rate and certain notice requirements for local taxing jurisdictions. Bills added after last posting: SB 107 SB 1638 ** See Committee Coordinator for previous versions of the schedule **