Floor Packet Page No. 115
Amend CSHB 4, Section 2.08 (page 112, line 24), by striking
lines 24 through line 4 of page 113 and substituting the following:
"SECTION 2.08. Section 11.251(i), Tax Code, is amended to
read as follows:
(i) The exemption provided by subsection (b) does not apply
to:
(1) taxation by a taxing unit that took <takes> action
to tax the property under Article VIII, Section 1-j, subsection (b)
<of the> Texas Constitution which has not been subsequently
rescinded under Article VIII, Section i-j, subsection (b)(4), Texas
Constitution; or
(2) that property described in subsection (b) which is
located in a school district that for the tax year is authorized
and taxes such property and is also subject to taxation under
Article VIII, Section 1-e, Texas Constitution."