MINUTES 
          
                           SENATE COMMITTEE ON FINANCE 
                            Monday, February 15, 1999 
                                    9:00 a.m. 
                         Capitol Extension, Room E1.036 
          
                                      ***** 
          
         Pursuant to a notice posted in accordance with Senate Rule  
         11.11, a public hearing of the Senate Committee on Finance was  
         held on Monday, February 15, 1999 in the Capitol Extension,  
         Room E1.036, at Austin, Texas.   
          
                                      ***** 
          
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Bill Ratliff                    None 
         Senator Carlos Truan 
         Senator Gonzalo Barrientos 
         Senator John Carona 
         Senator Robert Duncan 
         Senator Troy Fraser 
         Senator Mario Gallegos, Jr. 
         Senator Jon Lindsay 
         Senator Mike Moncrief 
         Senator Steve Ogden 
         Senator Royce West 
          
                                      ***** 
          
         The Chair called the meeting to order at 9:00 a.m.  There  
         being a quorum present, the following business was transacted.   
          
         The following members arrived after the roll was called:   
         none. 
          
         The Chair recognized witnesses to testify on Legislative  
         Budget Board (LBB) recommendations pertaining to the following  
         agencies: 
          
              Texas Education Agency 
              Windham ISD 
              State Board of Educator Certification 
              Teacher Retirement System and Optional Retirement System 
              Employees Retirement System 
              School for the Blind and Visually Impaired 
              School for the Deaf 
              Telecommunications Infrastructure Fund Board 
              Higher Education Coordinating Board 
          
         At 8:15 p.m., Senator Ratliff announced that the committee  
         would stand recessed until 8:15 a.m., Tuesday, February 16,  
         1999 to complete the public hearing on Midwestern State  
         University and Texas Woman's University.  Without objection,  
  
         it was so ordered. 
          
         ______________________ 
         Senator Bill Ratliff, Chair 
          
         ______________________ 
         Patricia Hicks, Clerk