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Amend CSSB 15 as follows:                                                    
	(1)  Committee printing, page 1, line 21, strike 'businesses 
locating' and substitute "local governmental entities".
	(2)  Committee printing, page 1, line 24, strike 'may' and 
substitute "must".
	(3)  Committee printing, page 1, between lines 38 and 39, add 
a new Subsection (d) to read as follows and re-letter subsections 
accordingly:
	(d)  A grant awarded under this section is contingent on the 
recipient meeting certain criteria relating to the purposes for 
which the grant is made.  Before awarding a grant under this 
section, the Texas Department of Economic Development must enter 
into a written agreement with the local governmental entity being 
awarded the grant specifying that:
(1)  if all or any portion of the amount of the grant 
is used to build infrastructure or make any other type of capital 
improvement, the state must:
(A)  retain a lien or other interest in the 
capital improvement in proportion to the percentage of the grant 
amount used to pay for the capital improvement; and
(B)  ensure that if the capital improvement is 
sold, the grant recipient repays the department, with interest at 
the agreed rate and terms, any state money used to pay for the 
capital improvement and shares with this state a proportionate 
amount of any profit realized from the sale; and
(2)  if, upon the expiration of a date provided in the 
agreement, the grant recipient fails to use an amount awarded under 
this section for any of the purposes for which the grant was 
intended, the recipient shall repay that amount and any related 
interest to the state at the agreed rate and terms.