MINUTES

 

SENATE COMMITTEE ON ECONOMIC DEVELOPMENT

Thursday, July 22, 2010

10:00 a.m.

University of Texas at Arlington Maverick Activity Center

 

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Pursuant to a notice posted in accordance with Senate Rule 11.18, a public hearing of the Senate Committee on Economic Development was held on Thursday, July 22, 2010, in the Arlington, TX, at the University of Texas at Arlington Maverick Activity Center.

 

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MEMBERS PRESENT:

 

MEMBERS ABSENT:

Senator Mike Jackson

Senator Kevin Eltife

Senator Kirk Watson

 

Senator Brian Birdwell

Senator Judith Zaffirini

 

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The chair called the meeting to order at 10:00 a.m.  There being a quorum present, the following business was transacted: 

 

The Chair called the following persons to provide invited testimony on Charge 1, assess the effectiveness of major economic development programs in Texas. The review should include but not be limited to such programs as the Enterprise Fund, Emerging Technology Fund, Skills Development, and Enterprise Zones. Review major tax policy issues that encourage or hinder business development, including options for reinstating a margins tax research and development tax credit. Examine economic development programs in other states that have been successful and recommend changes to existing state programs, new programs, or changes in tax policy incentives that could increase job creation in Texas. (See attached witness list)

 

Witnesses providing public testimony and registering on Charge 1 are shown on the attached list. The chair moved that the public testimony be closed; without objection, it was so ordered. 

 

There being no further business, at 1:15 p.m. Senator Jackson moved that the Committee stand recessed subject to the call of the chair. Without objection, it was so ordered. 

 

 

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Senator Mike Jackson, Chair

 

 

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Kristen Webb, Clerk