Amend Floor Amendment No. 1 to CSSB 22 as follows:                           
	Amend Art. 21.49, Sec. 8(i), Insurance Code, by adding new 
subdivision (6) as follows:
(6)  Each state fiscal year, beginning with fiscal 
year 2004, the Texas General Land Office may use from the investment 
income of the Catastrophe Reserve Trust Fund an amount equal to not 
more than $1.5 million of the investment income of the prior fiscal 
year to provide funding for an annual mitigation plan to be 
developed and implemented each year by the commissioner of the 
Texas General Land Office.  From that amount and as part of that 
plan, the Texas General Land Office may use in each fiscal year any 
portion of the funding for the removal of structures or hazards 
located seaward of the line of vegetation or state-owned submerged 
land.  The Texas General Land Office shall not be entitled to any 
funding under this subsection if the corpus of the Catastrophe 
Reserve Trust Fund is less than $200 million.