Amend HB 1507 as follows:
      In SECTION 1 of the bill, in added Section 33N of the
Securities Act (Article 581-33, Vernon's Texas Civil Statutes), on
page 2 between lines 9 and 10, insert the following:
      (4)  A small business issuer making an offer of securities
shall provide to the prospective buyer a written disclosure of the
limitation of liability created by this Section 33N and shall
receive a signed acknowledgement that the disclosure was provided.