Amend CSHB 3697 as follows:
      (1)  Insert a new SECTION 7 of the bill (page 5, between
lines 33 and 34, senate committee report printing) to read as
follows:
      SECTION 7.  (a)  This section applies only if:
            (1)  on the date of the transfer described by
Subsection (b) of this section there is a surplus in the Texas
Workers' Compensation Insurance Fund established under Article
5.76-3, Insurance Code; and
            (2)  on the October 1, 1999, tax rate computation date,
the amount of money in the unemployment compensation fund
established under Subchapter B, Chapter 203, Labor Code, is less
than the statutory floor of that fund under Section 204.061, Labor
Code, thus triggering the assessment of a deficit tax under Section
204.063, Labor Code, in the absence of this section.
      (b)  Notwithstanding any other law, between  October 1, 1999,
and August 31, 2001, the comptroller shall transfer from the
surplus of the Texas Workers' Compensation Insurance Fund to the
unemployment compensation fund an amount, not to exceed 15 percent
of that surplus, as necessary to increase the amount of the
unemployment compensation fund equal to or above the statutory
floor for that fund established under Section 204.061, Labor Code.
      (c)  This section expires September 1, 2001.
      (2)  Renumber the subsequent SECTIONS of the bill
appropriately.