Amend HB 2383 as follows:
      (1)  Strike the recital to SECTION 4 of the bill (Committee
Printing page 2, lines 30 and 31) and substitute:
      SECTION 4.  Section 11.21, Tax Code, is amended by amending
Subsection (d) and adding Subsection (f) to read as follows:
      (2)  At the end of SECTION 4 of the bill (Committee Printing
page 2, between lines 61 and 62), insert:
      (f)  Notwithstanding Subsection (a), a person is entitled to
an exemption from taxation of the buildings and tangible personal
property the person acquires for use for a school that meets each
requirement of Subsection (d) if:
            (1)  the person authorizes the former owner to continue
to use the property pending the use of the property for a school;
and
            (2)  the former owner would be entitled to an exemption
from taxation of the property if the former owner continued to own
the property.
      (3)  Add the following appropriately numbered section and
renumber the subsequent sections of the bill appropriately:
      SECTION ____. The chief appraiser of an appraisal district
shall accept and approve or deny an application for an exemption
from ad valorem taxation under Section 11.21(f), Tax Code, as added
by this Act, for the ad valorem tax year that began January 1,
1997, if the application is filed as provided by Section 11.434,
Tax Code.