Amend CSHB 4 in SECTION 1.04 of the bill by striking added
Section 42.253(e-1), Education Code (committee report page 2, lines
23-42), and substituting the following:
      (e-1)  Notwithstanding Subsection (e), the amount to which a
district is entitled under this section for the 1997-1998 and
1998-1999 school years may not exceed the amount to which the
district would be entitled at a tax rate equal to the rate
necessary to generate the amount of state and local revenue under
the Foundation School Program, exclusive of adjustments under
Subsection (i), to which the district would have been entitled in
the 1996-1997 school year.  For purposes of this subsection, the
amount of state and local revenue under the Foundation School
Program to which a district would have been entitled in the
1996-1997 school year is computed using student counts and property
values for the 1996-1997 school year and the total tax rate of the
district without regard to the limit under Subsection (e)
restricting the amount of state aid to the district's tax rate in
the 1994-1995 school year.  For purposes of this subsection, the
tax rate necessary to compute the state and local revenue is
computed using the funding elements in place for the 1997-1998
school year.  The amount of local revenue to which a district would
have been entitled in the 1996-1997 school year under this
subsection is computed after a district has exercised options to
the extent required by Chapter 41.  This subsection expires
September 1, 1999.