SENATE COMMITTEE ON FINANCE 
                               Monday, March 15, 2004 
                                     1:00 p.m. 
                           Capitol Extension, Room E1.036 
         Pursuant to a notice posted in accordance with Senate Rule  
         11.18, a public hearing of the Senate Committee on Finance was  
         held on Monday, March 15, 2004, in the Capitol Extension, Room  
         E1.036, at Austin, Texas. 
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Steve Ogden                     Senator Kip Averitt 
         Senator Judith Zaffirini                Senator Royce West 
         Senator Gonzalo Barrientos 
         Senator Kim Brimer 
         Senator Robert Duncan 
         Senator Kyle Janek 
         Senator Jane Nelson 
         Senator Florence Shapiro 
         Senator Eliot Shapleigh 
         Senator Todd Staples 
         Senator John Whitmire 
         The chair called the meeting to order at 1:48 p.m.  There being  
         a quorum present, the following business was transacted:   
         The first order of Committee business was to take up and  
         consider the adoption of proposed Senate Finance Committee  
         rules.  Senator Shapleigh moved to amend item #12, Fiscal Notes,  
         by striking the words, "reported out" and replacing them with  
         the words "voted out."  Senator Zaffirini seconded the motion to  
         amend item #12.  There being  no objection, the rules were  
         amended.  Senator Zaffirini then moved that the rules as amended  
         be adopted.  Senator Barrientos seconded the motion.  The motion  
         to adopt the rules carried with a record vote of 9 ayes, 0 nays,  
         0 present not voting, and 5 absent. 
         The Committee continued with organizational matters, including  
         the discussion of the Committee's interim schedule, and the  
         introduction of Committee staff. 
         The Committee then heard invited testimony on the Committee's  
         interim charge relating to Fund 006 and the Texas Mobility Fund.   
         Witnesses testifying and registering on the interim charge are  
         shown on the attached list. 
         There being no further business, at 4:34 p.m. Senator Ogden  
         moved that the Committee stand recessed until 9 a.m. the next  
         morning, Tuesday, March 16, 2004.  Without objection, it was so  
         Senator Steve Ogden, Chair 
         Amy Jeter, Clerk