SENATE
NOTICE OF PUBLIC HEARING
COMMITTEE:
Finance
S/C on Property Appraisal and Revenue Caps
TIME & DATE:
9:00 AM, Wednesday, August 20, 2008
PLACE:
E1.028 (Hearing Room)
CHAIR:
Senator Tommy Williams
The Senate Finance Subcommittee on Property Appraisal and Revenue Caps
will meet on Wednesday, August 20, 2008 at 9:00 a.m. in room E1.028 of the
Capitol Extension.  The Subcommittee will hear invited and public testimony
regarding Interim Charges #2 and #3.
 
Interim Charge #2:  Study the benefits and limitations of property tax
appraisal caps compared to a limit on revenue a local jurisdiction can
receive without the approval of the voters in the locality.  Consider
alternative sources of funding to replace property tax revenues.
 
Interim Charge #3:  Study the cost and benefit to the state of projects
approved by school districts limiting the value of business investment
under the Texas Economic Development Act (Ch 313, Tax Code), and the
funding impact on public schools.