Amend CSSB 507 as follows:
      (1)  In SECTION 1 of the bill, in added Section 209.002(8),
Property Code (House Committee Report, page 3, line 1), between
"the" and "restrictions", insert "original".
      (2)  In SECTION 1 of the bill, in added Section 209.002(10),
Property Code (House Committee Report, page 3, line 18), between
"records" and the period, insert "that are approved by the owners
who own in the aggregate at least 75 percent of the lots in the
residential subdivision or that are approved in accordance with the
restrictions governing the residential subdivision".
      (3)  In SECTION 1 of the bill, in added Section 209.006,
Property Code (House Committee Report, page 6, line 15), between
"owner" and the period, insert "by certified mail, return receipt
requested".
      (4)  In SECTION 1 of the bill, add a new Section 209.014,
Property Code (House Committee Report, page 17, between lines 9 and
10), to read as follows:
      Sec. 209.014.  APPROVAL FOR REGULAR AND SPECIAL ASSESSMENTS;
DURATION OF ASSESSMENTS. (a)  Unless otherwise provided by the
restrictions or the property owners' association's articles of
incorporation or bylaws, before a regular or special assessment may
take effect:
            (1)  the association shall provide to the property
owners in the residential subdivision notice and an opportunity to
be heard; and
            (2)  the assessment must be approved by the owners who
own in the aggregate at least 75 percent of the lots in the
residential subdivision.
      (b)  A special assessment may not be assessed for a period
greater than one year.