Amend CSHB 4 as follows:
            (1)  In SECTION 2.02 of the bill, amended Section
26.08, Tax Code (Senate Committee printing), on page 10, strike
lines 8-29 and substitute the following:
      <(e)  If a school district is certified by the commissioner
of education under Section 42.251(c), Education Code, to have been
subject to a reduction in total revenue for the school year ending
on August 31 of the tax year:>
      <(1)  the district's effective maintenance and operations
rate for the tax year is calculated as provided by Section 26.012,
except that last year's levy is reduced by the amount of taxes
imposed in the preceding year, if any, to offset the amount of the
reduction certified by the commissioner; and>
      <(2)  the district's rollback tax rate for the tax year
calculated as provided by Section 26.04 or by Subsection (c), as
applicable, is increased by the tax rate that, if applied to the
current total value for the school district, would impose taxes in
an amount equal to the amount of the reduction certified by the
commissioner.>
      <(f)  In a school district that received distributions from
an equalization tax imposed under former Chapter 18, Education
Code, the effective rate of that tax as of the date of the county
unit system's abolition is added to the district's effective
maintenance and operations rate under Subsections (a) and (c) of
this section in the calculation of the district's rollback tax
rate.>
            (2)  In SECTION 2.02 of the bill, amended Section
26.08, Tax Code (Senate Committee printing), on page 10, line 30,
strike "(h)" and substitute "(f)".
            (3)  In SECTION 2.02 of the bill, amended Section
26.08, Tax Code, on page 10, strike lines 36-47 and substitute the
following:
      (g)  For purposes of this section:
            (1)  The base rollback tax rate of a school district is
the sum of:
                  (A)  the tax rate that, applied to the current
total value for the district, would impose taxes in an amount that,
when added to state funds to be distributed to the district under
Chapter 42, Education Code, for the school year beginning in the
current tax year, would provide the same amount of state funds and
maintenance and operations taxes of the district per student in
weighted average daily attendance for that school year that was
available to the district in the preceding year;
                  (B)  the rate of $0.05 per $100 of taxable value;
and
                  (C)  the district's current debt rate.
            (2)  The district's rollback tax rate is the rate
calculated by adding or subtracting, as appropriate, the rollback
correction rate to or from the base rollback tax rate.
            (3)  The rollback correction rate of a school district
is the rate determined by the comptroller pursuant to rules adopted
by the comptroller that if applied to current total value for the
district would generate an amount of taxes for maintenance and
operations equal to the difference between the amount of taxes for
maintenance and operations that would have been imposed under the
base rollback tax rate as calculated in the preceding year and the
amount of taxes that would have been imposed under the base
rollback tax rate for that year, had the base rollback tax rate
been accurately calculated by the district in the preceding year
using the actual amounts of state funds and weighted average daily
attendance for the year.  If the base rollback tax rate calculated
in the preceding year exceeds that rate as calculated using actual
amounts, the rollback correction rate is a negative rate.  If the
base rollback tax rate calculated in the preceding year is less
than that rate as calculated using actual amounts, the rollback
correction rate is a positive rate.