Amend CSHB 4, in proposed Article 2, by inserting the
following:
(1)  SECTION 2.02, Section 26.08(a-1) Tax Code is amended by
striking the word "and" on line 16, page 9, adding a new
subdivision (2) to read as follows and renumbering accordingly:
      (2)  any amount necessary to pay for maintenance and
operation expenses budget as of January 1, 1997 paid from general
fund balances, in accordance with guidelines issued by the
Commissioner of Education, and;
(2)  SECTION 2.02, Section 26.08 Tax Code is amended by adding a
new Subsection (a-2) on line 18, page 9, renumbering accordingly:
      (a-2)  For the school year 1999-2000 and 2000-2001, a
district which sets a tax rate greater than the rate authorized by
(a-1)(1) and (3), to the extent authorized by (a-1)(2), shall
reduce its rollback limit authorized by this section by the amount
which exceeds (a-1)(1) and (3), limit, in school year 1997-1998 and
1998-1999 combined.
(3)  SECTION 2.02, Section 26.08 Tax Code is amended by adding a
new Subsection (a-5) on page 9, between lines 38 and 39 to read as
follows:
      (a-5)  The combined rate under subdivisions (a-1)(2) and
(a-1)(3) may not exceed the limitation on rate increase allowed in
the 1996 tax year.