Amend CSSB 265 as follows:
(1) In SECTION 2 of the bill, strike amended Section
481.191(2), Government Code (Committee Printing page 1, lines
23-28), and substitute the following:
(2) "Eligible borrower" means:
(A) a person who proposes to begin operating a
small business in an enterprise zone, as defined by Section
2303.003, <a distressed community> or a historically underutilized
business;
(B) a nonprofit corporation; or
(C) a child-care provider.
(2) In SECTION 2 of the bill, following amended Section
481.191(4), Government Code (Committee Printing page 1, between
lines 53 and 54), insert the following:
(5) "Nonprofit corporation" means a not for profit
corporation organized under the Texas Non-Profit Corporation Act
(Article 1396-1.01 et seq., Vernon's Texas Civil Statutes).
(3) In SECTION 2 of the bill, in amended Section 481.191(5),
Government Code (Committee Printing page 1, line 54), strike "(5)"
and substitute "(6)".
(4) In SECTION 3 of the bill, strike amended Section
481.193(a), Government Code (Committee Printing page 1, line
62 - page 2, line 4), and substitute the following:
(a) The department shall establish a linked deposit program
to encourage commercial lending for the development of:
(1) small businesses in enterprise zones;
(2) <distressed communities and> historically
underutilized businesses;
(3) services provided by and activities engaged in
this state by nonprofit organizations; and
(4) quality, affordable child-care services in this
state.