Amend Floor Amendment No. 2 to SB 700 by adding the following
at the end of the amendment:
      SECTION ____.  (a)  Interest, attorney's fees, and penalties
owed by a county or municipality under Section 74.705, Property
Code, before June 30, 1998, are not required to be paid if the
county or municipality delivers to the comptroller not later than
March 1, 1999, the property for which the interest, attorney's
fees, or penalties have accrued.  The waiver of interest,
attorney's fees, and penalties provided by this subsection is for
the purpose of permitting the county or municipality to defray the
costs of administering Chapter 76, Property Code, as added by this
Act.
      (b)  Any property valued at $100 or less that is required to
be delivered to the comptroller by a county or municipality under
Chapter 74, Property Code, before June 30, 1998, and that has not
been delivered to the comptroller by that date:
            (1)  is not required to be delivered to the
comptroller; and
            (2)  will not accrue interest, attorney's fees, or
penalties after June 30, 1998.