MINUTES 
                                           
                 SUBCOMMITTEE ON CAPITAL FUNDING FOR HIGHER EDUCATION 
                              Thursday, March 23, 2006 
                                     1:30 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 S/C on  
         Capital Funding for Higher Education was held on Thursday, March  
         23, 2006, in the Capitol Extension, Room E1.036, at Austin,  
         Texas. 
          
                                       ***** 
                                           
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Judith Zaffirini                Senator Robert Duncan 
         Senator Kyle Janek                      Senator Royce West 
         Senator Steve Ogden 
         Senator Florence Shapiro, Ex-Officio 
                                           
                                       ***** 
                                           
         The chair called the meeting to order at 1:30 p.m.   
          
         The roll was called. 
          
         Senator Zaffirini welcomed the Subcommittee members and  
         introduced Subcommittee staff.  Senator Janek and Senator  
         Shapiro introduced their respective staffers.  Senator Zaffirni  
         made opening remarks. 
          
         The Subcommittee heard invited testimony about the  
         Subcommittee's Interim Charge:  Study capital funding for  
         institutions of higher education, including tuition revenue  
         bonds (looking at construction, renovation, and technology  
         projects), PUF, and HEF funding issues.  Review the state's  
         current process of authorizing tuition revenue bonds.  Make  
         recommendations to streamline and objectify the process to  
         ensure the authorization of tuition revenue bonds meets the  
         state's goals for higher education.  Witnesses testifying and  
         registering regarding the charge are shown on the attached list.   
          
         A quorum was established. 
          
         The invited testimony continued. 
          
         Senator Ogden moved adoption of the Subcommittee Interim Rules.  
         There being no objection, the Subcommittee Rules were adopted by  
         unanimous consent. 
          
         The invited testimony resumed. 
          
         There being no further business, at 2:55 p.m. Senator Zaffirini  
         moved that the Committee stand recessed, subject to the call of  
         the chair.  Without objection, it was so ordered.   
          
         _____________________________ 
         Senator Judith Zaffirini, Chair 
          
         _____________________________ 
         Amy Jeter, Clerk