Amend HB 1757 by striking all below the enacting clause and
substituting the following:
SECTION 1. Section 204.007, Labor Code, is amended to read
as follows:
Sec. 204.007. SPECIAL RATE; CERTAIN EMPLOYERS ENGAGED IN
AGRICULTURE <RATE--COTTON GINNING EMPLOYER>. (a) This section
applies to an <An> employer identified by the commission as
classified in the manual as:
(1) Number 115114, crop preparation services for
market; or
(2) Number 115111 <0724>, cotton ginning.
(b) An employer subject to this section shall<, may elect
to> pay a contribution at the lowest of the following rates:
(1) <a total fixed rate of> five and four-tenths
percent;
(2) <instead of paying a contribution computed on:>
<(1)> the general tax rate applicable to that
employer, with the deficit tax rate and replenishment tax rate; or
(3) <(2)> any other tax rate applicable to that
employer under this subtitle.
<(b) An employer must notify the commission of an election
under this section in writing not later than December 31 preceding
the year for which the election is made.>
SECTION 2. This Act takes effect September 1, 2001.