Amend SB 434, in SECTION 1 of the bill, by striking Section
207.002, Property Code (House committee report, page 2, lines 6-8),
as added by the bill, and substitute a new Section 207.002 as
follows:
      Sec. 207.002.  APPLICABILITY.  (a)  This chapter applies to a
subdivision with a property owners' association that is entitled to
levy regular or special assessments.
      (b)  This chapter does not apply to a subdivision with a
property owners' association that is managed by a non-compensated
board that does not use a professional management company to
supervise or conduct daily operations of the subdivision on a
regular basis.