MINUTES 
          
          SENATE SELECT COMMITTEE ON TAX REFORM & PUBLIC SCHOOL FINANCE 
                             Wednesday, May 7, 1997 
                                     1:00 pm 
                                 Senate Chamber 
          
                                      ***** 
          
         Pursuant to a notice posted in accordance with Senate Rule  
         11.11, an open meeting of the Senate Committee on Senate  
         Select Committee on Tax Reform & Public School Finance was  
         held on Wednesday, May 7, 1997 in the Senate Chamber at  
         Austin, Texas.   
          
                                      ***** 
          
         MEMBERS PRESENT:                        MEMBERS ABSENT: 
         Senator Kenneth Armbrister              none 
         Senator Teel Bivins 
         Senator Gonzalo Barrientos 
         Senator John Carona 
         Senator Robert Duncan 
         Senator Rodney Ellis 
         Senator Troy Fraser 
         Senator Chris Harris 
         Senator Gregory Luna 
         Senator Drew Nixon 
         Senator Florence Shapiro 
          
                                      ***** 
          
         Senator Armbrister called the meeting to order at 2:30 pm.   
         The following business was transacted.   
         The following members arrived after the roll was called:   
         none. 
          
         The Committee continued to consider HB 4 and HJR 4.  John  
         Keel, Director, Legislative Budget Board explained the Tax  
         Equity Note Analysis on HB 4. 
          
         Senators Armbrister and Bivins were co-chairing meeting. 
          
         Senator Armbrister sent up a committee substitute for HJR 4  
         and explained same.  Senator Bivins moved adoption of the  
         committee substitute, without objection, it was so ordered. 
          
           Senator Bivins moved that HJR 4 do not pass but that CSHJR 4  
         be reported back to the Senate with the recommendation that it  
         do pass and be printed.  The motion carried with a vote of 10  
         ayes, 1 nay, 0 present not voting, and 0 absent.   
          
         Senator Armbrister sent up a committee substitute for HB 4.   
  
         Senator Bivins moved adoption of the committee substitute,  
         without objection, it was so ordered. 
          
         Senator Bivins moved that HB 4 do not pass but that CSHB 4 be  
         reported back to the Senate with the recommendation that it do  
         pass and be printed.  The motion carried with a vote of 10  
         ayes, 1 nay, 0 present not voting, and 0 absent. 
          
         There being no further business, at 3:05 pm Senator Armbrister  
         moved that the Committee stand recessed subject to the call of  
         the Chair.  Without objection, it was so ordered.   
          
         ______________________ 
         Senator Kenneth Armbrister, Chair 
          
         ______________________ 
         Jerry Sander, Clerk