Amend HB 2269 by striking page 5, line 24, through page 6,
line 2, and substituting the following:
            (20)  providing housing on a cooperative basis to
students of an institution of higher education if:
                  (A)  the organization is exempt from federal
income taxation under Section 501(a) of the Internal Revenue Code
of 1986, and its subsequent amendments, by being listed as an
exempt entity under Section 501(c)(3) of that code;
                  (B)  membership in the organization is open to
all students enrolled in the institution and is not limited to
those chosen by current members of the organization;
                  (C)  the organization is governed by its members;
and
                  (D)  the members of the organization share the
responsibility for managing the housing.