Amend SB 1766 as follows:
      (1)  On page 1, line 23, insert new SECTION 2 as follows and
renumber SECTIONs accordingly:
      SECTION 2.  Section 46.034(c), Education Code, is amended as
follows:
      Sec. 46.034.  LIMITS ON ASSISTANCE.
      (c)  If the amount required to pay the principal of and
interest on eligible bonds in a school year is less than the
district's audited debt service collections for the 2000-2001
<1998-1999> school year, the district may not receive aid in excess
of the amount that, when added to the district's local revenue for
the school year, equals the amount required to pay the principal of
and interest on the bonds.