Amend the Shields Amendment (page 250, amendment package) to
CSHB 4 by striking the text on page 1, lines 2-10 and substituting
the following:
            (1)  On page 217, line 12, strike "151.0044".
            (2)  Strike page 217, line 18, through page 218, line
20.
            (3)  On page 218, line 21, strike "151.0043" and
substitute "151.0042".
            (4)  On page 219, line 3, strike "151.0044" and
substitute "151.0043".
            (5)  Strike page 227, lines 6-7, and renumber the
subsequent added subdivisions of Section 151.0101(a), Tax Code,
appropriately.
            (6)  Add a new Article to the bill to read as follows:
         ARTICLE ____.  PUBLIC ACCOUNTANT PROFESSIONAL FEE
      SECTION ____.01.  Section 9A, Public Accountancy Act of 1991
(Article 41a-1, Vernon's Texas Civil Statutes), is amended to read
as follows:
      Sec. 9A.  INCREASE IN FEES. (a) Each of the following fees
imposed by or under another section of this Act is increased by
$500 $200:
            (1)  biennial license fee under Section 9(b) of this
Act for Certified Public Accountants;
            (2)  renewal fee under Section 9(b) of this Act for
Certified Public Accountants; and
            (3)  fee for issuance of a certificate of Certified
Public Accountant under Section 13 of this Act.
      (b)  In addition to the fee imposed under Subsection (a) of
this section, an additional biennial fee of $500 $200 is imposed.
The fee is due on the anniversary of the date on which a biennial
license fee or renewal fee under Section 9(b) of this Act for
Certified Public Accountants is due in each year in which the
person is not required to pay a license fee or renewal fee under
Section 9(b) of this Act. At least 30 days before the date the fee
is due, the board shall send written notice that the fee is due to
the licensee on whom the fee is imposed at the licensee's last
known address according to the records of the board. The board
shall establish a late fee of not less than $50 and shall impose
this late fee on a licensee who not does pay the additional
biennial fee under this subsection on or before the date the fee is
due. The board by rule may impose additional late fees. A licensee
who does not pay the additional biennial fee and all late fees
before the first anniversary of the due date of the additional
biennial fee may only receive a renewal license by submitting an
application, all accrued fees, and the direct administrative costs
incurred by the board in using the renewal license. The board shall
by rule provide the information that must be contained in the
application. The board shall have no authority to waive the
collection of any fee or penalty.
      (c)  Of each fee increase collected, $125 $50 shall be
deposited to the credit of the foundation school fund and $375
$150 shall be deposited to the credit of the general revenue
fund. This subsection applies to the disposition of each fee
increase regardless of any other provision of law providing for a
different disposition of funds.
      SECTION ____.02.  This article takes effect September 1,
1997, and applies to a fee imposed on or after that date.  A fee
imposed before the effective date of this article is governed by
the law in effect on that date, and that law is continued in effect
for that purpose.