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| The Senate Finance Committee will meet on July 7, 2010 at 10:00 a.m. in |
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| room E1.036 of the Capitol Extension. The Committee will hear invited and |
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| public testimony regarding the following interim charges: |
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| Review the effect that Texas Business Tax credits, such as a research and |
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| development credit, have on economic development in Texas. Determine |
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| whether the costs of various tax credits would be adequately offset by the |
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| net increase in state sales tax and other revenues and jobs produced by |
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| each credit. Focus on businesses relocating to or from the State of Texas, |
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| the impact on the tax base, employment, and the overall economic |
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| Monitor the Legislative Budget Board effectiveness and efficiency review of |
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| Chapter 313, Tax Code. Consider whether tax provisions provide a net |
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| Review the capacity of rural hospitals, rural hospital infrastructure, and |
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| the statewide impact of services provided by rural hospitals. Make |
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| recommendations for funding options to help communities that do not have |
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| adequate resources to replace aging infrastructure and consider the |
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| creation of a rural hospital infrastructure support program similar to the |
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| courthouse preservations fund. |
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| Those wishing to give public testimony, please limit prepared remarks to 3 |
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| minutes. If submitting written testimony, please provide 25 copies, with |
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| your name on each copy, to the Committee during the hearing. |
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