Amend CSHB 5 in SECTION 1.16 of the bill by inserting the 
following new subsection (d):
	(d)  An obligation of a school district for which it has 
pledged maintenance and operations taxes before the effective date 
of this Act remains valid and enforceable as an obligation payable 
from state funds under Chapters 41 and 42, Education Code, as added 
by this Act.