** REVISION **
                                   SENATE
                         NOTICE OF PUBLIC HEARING


COMMITTEE: Finance

TIME & DATE: 10:00AM, Tuesday, October 19, 1999

PLACE: E1.036

CHAIR: Senator Bill Ratliff

___________________________________________________________________________

                 SENATE INTERIM COMMITTEE ON FINANCE
                        ORGANIZATIONAL MEETING


I.   CALL TO ORDER

II.  ADOPTION OF INTERIM COMMITTEE RULES

III. DISCUSSION OF ORGANIZATIONAL ISSUES

IV.  DISCUSSION OF INTERIM COMMITTEE CHARGES

     Charge #4:  Evaluation of the financial viability and
     educational effectiveness of graduate medical education

        Dr. John D. Stobo, President, The University of Texas
        Medical Branch at Galveston

     Charge #1:  Examination of the policies and practices used to
     invest major state funds

        Roger Farris, Office of the State Auditor

     Charge #2:  Review of employee benefit issues facing the
     Employees Retirement System and Teacher Retirement System

        Sheila Beckett, Employees Retirement System
        Charles Dunlap, Teacher Retirement System

     Charge #3:  Review of tobacco settlement proceeds expenditures
     by agencies and institutions

        John O'Brien, Legislative Budget Board

     Charge #5:  Coordination with the Committee on State Affairs
     in their charge to study the effects of federal devolution on
     state agencies

        To be determined

     Charge #6:  Monitor the implementation of SB 1547 relating to
     motor fuel tax collection improvements, especially the impact
     of the bill on state motor fuel tax revenue

        Karey Barton, Office of the Comptroller

V.  RECESS

___________________________________________________________________________