Amend CSHB 4 as follows:
      On page 19, between lines 24 and 25, insert a new sections
(5)(A)(iii) and (iv) to read as follows:
      (iii)  for entities subject to the State's franchise tax as
listed under both Section 3.01(17) and Section 171.1102(b);
includes ordinary income and distributions;
      (iv)  for entities subject to the State's franchise tax as
listed only under Section 3.01(17) and not under Section
171.1102(b); includes ordinary income and distributions; except net
income from rental real estate activities, net income from other
rental activities, portfolio income and tax free income.