Amend CSHB 4 by inserting the following new section,
appropriately numbered, and renumbering the subsequent sections
accordingly:
      SECTION ____. Subchapter D, Chapter 41, Education Code, is
amended by adding Section 41.100 to read as follows:
      Sec. 41.100.  LIMIT ON DEBT SERVICE TAXES. Notwithstanding
any other law, a school district that has a wealth per student
exceeding the equalized wealth level and that complies with this
chapter by executing an agreement under this subchapter may not
levy a tax for purposes of debt service at a rate greater than the
greater of:
            (1)  the rate necessary for the current year to make
payments of principal and interest on the bonds for which the tax
is pledged; or
            (2)  the rate that produces revenue that is equal to
the amount of revenue attributable to taxes for purposes of debt
service that the district retained in the 1996-1997 school year
after making payments under this subchapter.