Amend SB 1091 as follows:
      (1)  In SECTION 2 of the bill, in added Section
45.0011(a)(1), Education Code (committee report, page 1, line 49),
strike "attendance, as determined under Section 42.005;" and
substitute "attendance;".
      (2)  In SECTION 2 of the bill, in added Section 45.0011,
Education Code (committee report, page 2, between lines 1 and 2),
insert the following:
      (d)  A district may not issue bonds to which this section
applies in an amount greater than the greater of:
            (1)  25 percent of the sum of:
                  (A)  the aggregate principal amount of all
district debt payable from ad valorem taxes that is outstanding at
the time the bonds are issued; and
                  (B)  the aggregate principal amount of all bonds
payable from ad valorem taxes that have been authorized but not
issued;
            (2)  $25 million, in a district that has at least 3,500
but not more than 15,000 students in average daily attendance; or
            (3)  $50 million, in a district that has more than
15,000 students in average daily attendance.
      (e)  In this section, average daily attendance is determined
in the manner provided by Section 42.005.
      (3)  In SECTION 2 of the bill, in added Section 45.0011,
Education Code (committee report, page 2, line 2), strike "(d)" and
substitute "(f)".
      (4)  In SECTION 4 of the bill, in added Section 130.1221,
Education Code (committee report, page 3, between lines 1 and 2),
insert the following:
      (d)  A district may not issue bonds to which this section
applies in an amount greater than the greater of:
            (1)  25 percent of the sum of:
                  (A)  the aggregate principal amount of all
district debt payable from ad valorem taxes that is outstanding at
the time the bonds are issued; and
                  (B)  the aggregate principal amount of all bonds
payable from ad valorem taxes that have been authorized but not
issued;
            (2)  $25 million, in a district that has at least 3,500
but not more than 15,000 full-time students or the equivalent; or
            (3)  $50 million, in a district that has more than
15,000 full-time students or the equivalent.
      (5)  In SECTION 4 of the bill, in added Section 130.1221,
Education Code (committee report, page 3, line 2), strike "(d)" and
substitute "(e)".