Amend CSHB 3015 as follows: (1) Add the following new SECTION to the bill and renumber the subsequent sections appropriately: SECTION ____. Subchapter B, Chapter 54, Education Code, is amended by adding Section 54.0515 to read as follows: Sec. 54.0515. LEGISLATIVE OVERSIGHT COMMITTEE ON TUITION DEREGULATION. (a) In this section, "committee" means the legislative oversight committee on tuition deregulation. (b) The committee is composed of ten members as follows: (1) five members of the senate appointed by the lieutenant governor; and (2) five members of the house of representatives appointed by the speaker of the house of representatives. (c) One member of the senate appointed by the lieutenant governor shall be designated as co-chair and one member of the house of representatives appointed by the speaker of the house of representatives shall be designated as co-chair. (d) An appointed member of the committee serves at the pleasure of the appointing official. In making appointments to the committee, the appointing officials shall attempt to appoint persons who represent the gender composition, minority populations, and geographic regions of the state. (e) The committee shall: (1) meet at least annually; (2) monitor the implementation of tuition deregulation; and (3) receive and review information concerning the impact of tuition deregulation. (f) The committee may request reports and other information from institutions of higher education and the coordinating board as necessary to carry out this section. (g) The coordinating board shall: (1) report to the committee on the development of the performance criteria adopted for each institution of higher education under Section 54.0513(b-3); and (2) report to the committee each year on the certification of any institution of higher education under Section 54.0513(b-3). (h) Not later than November 15 of each even-numbered year, the committee shall report to the governor, lieutenant governor, and speaker of the house of representatives on the committee's activities under Subsection (e). The report shall include: (1) an analysis of any problems caused by tuition deregulation; and (2) recommendations of any legislative action necessary to address those problems. (i) This section expires September 1, 2007. (2) On page 2, strike lines 66 to 69, and substitute the following: "(1) not less than 20 percent of the amount of tuition charged to a resident undergraduate student under Section 54.0513 in excess of $46 but less than or equal to $92 per semester credit hour; (2) not less than 40 percent of the amount of tuition charged to a resident undergraduate student under Section 54.0513 in excess of $92 per semester credit hour; and (3) not less than three percent of the amount of"