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.