The property tax cut -- and presumably, the tax bill to pay for it -- are shrinking in the upper chamber.The newest version of the Senate's education reform bill, unveiled publicly by Sen. Florence Shapiro, R-Plano, today, calls for a 20-cent cut in local school property taxes in 2005-06, followed by another 20-cent cut in 2006-07. That's in place of the 50-cent cut they were shooting for earlier in the legislative session. The Senate plan still calls for a state property tax for schools, set (ultimately) at 85 cents per $100 in property valuation. School districts would be allowed to add on as much as 25 cents, using up to 15-cents of that for local enrichment. Teachers would get a $1,000 pay hike and the $1,000 health insurance stipend -- granted and then halved by previous Legislatures -- would be restored. If the statewide property tax passes (a constitutional amendment, it would require voter approval), teachers would get another $1,500 per year raise in 2006-07. Think they'd campaign for that amendment? And the bill also includes incentive pay of up to $500 for teachers. The House bill got rid of the "weights" used to increase per-student funding for kids with special problems ranging from language issues to physical handicaps; the Senate kept them. The Senate wants charter schools rebooted, bringing them under the same accountability measures used for regular public schools so they can be compared, and giving them up to $1,000 per student if they reach "exemplary" status and hold that level for several years. The "runs" showing the effect of the bill on each of the state's 1,000+ school districts for each of the first two years can be found at these links: • www.texasweekly.com/documents/FY06 LBB District Runs under CSHB 2_April 25.pdf ? www.texasweekly.com/documents/FY07 LBB District Runs under CSHB 2_April 25.pdf That legislation could reach the full Senate for a vote within a week.