Amend CSSB 652 as follows:                                                   
	(1) In Section 3 of the bill, in added Section 436.153 (a), 
Government Code (house committee printing, page 16, line 2), after 
the period, insert "The loan shall be made from the Texas military 
value revolving loan account established under Section 436.153."
	(2) In Section 3 of the bill, in added Section 436.153 (c), 
Government Code (house committee printing, page 16, line 8), strike 
"in consultation with the Texas Department of Economic Development" 
and substitute "in accordance with the criteria adopted by the 
commission under Section 436.154 (a)".
	(3) In Section 3 of the bill, in added Section 436.153 (d), 
Government Code (house committee printing, page 16, lines 15 and 
16), strike ", in consultation with the Texas Department of 
Economic Development,".
	(4) In Section 3 of the bill, in added Section 436.153 (d), 
Government Code (house committee printing, page 16, line 23), 
strike "a requirement that the defense community repay the loan" 
and substitute "the loan repayment requirements".
	(5) In Section 3 of the bill, strike added Section 436.153 
(e), Government Code (house committee printing, page 16, line 24, 
through page 17, line 7), and substitute the following:
	(e) The commission shall notify the Texas Public Finance 
Authority of the amount of the loan and the recipient of the loan 
and request the authority to issue general obligation bonds in an 
amount necessary to fund the loan.  The commission and the authority 
shall determine the amount and time of a bond issue to best provide 
funds for one or multiple loans.
	(6) In Section 3 of the bill, in added Section 436.153 (f), 
Government Code (house committee printing, page 17, lines 8-10), 
strike "Texas Department of Economic Development shall administer 
the loan and repay the general obligation bonds issued to finance 
the project" and substitute "commission shall administer the loans 
to ensure full repayment of the general obligation bonds issued to 
finance the project".
	(7) In Section 3 of the bill, in added Section 436.154, 
Government Code (house committee printing, page 17, lines 21 and 
22), strike "APPLICATION.  (a) The commission shall adopt" and 
substitute "PROCESS.  (a) The commission shall adopt rules, in 
consultation with the Texas Public Finance Authority, that contain 
the criteria for evaluating the credit of a loan applicant and the 
financial feasibility of a project.  The commission shall also 
adopt".
	(8) In Section 3 of the bill, strike added Section 436.156 
(c), Government Code (house committee printing, page 19, lines 
1-3), and substitute the following:
	(c) The commission shall deposit to the credit of the account 
all loan payments made by a political subdivision for a loan under 
Section 436.153.  The loan payments shall be used to reimburse the 
general revenue fund for money appropriated to pay the principal, 
premium if any, and interest on the bonds issued under Section 
436.158.  If the loan payments exceed the amounts required for 
reimbursement, the excess shall first be applied to reimburse the 
expenses of administering the program and secondly deposited to the 
credit of the Texas military value revolving loan account to fund 
subsequent loans.
	(9) In Section 3 of the bill, strike added Section 436.158, 
Government Code (house committee printing, page 19, lines 12-23), 
and substitute the following:
	Sec. 436.158. ISSUANCE OF GENERAL OBLIGATION BONDS AND NOTES 
FOR MILITARY VALUE ACCOUNT.  (a) The Texas Public Finance Authority 
may issue and sell general obligation bonds and notes of the state, 
as authorized by Section 49–n, Article III, Texas Constitution, for 
the purposes of providing money to establish the Texas military 
value revolving loan account.
	(b) The proceeds of the bonds and notes shall be deposited 
into the Texas military value revolving loan account or into other 
separate funds as may be required to provide for payment of issuance 
and administrative costs and may be used a authorized by Section 
49–n, Article III, Texas Constitution, including:
		(1) to fund loans approved by the commission under 
Section 436.153;  
		(2) to pay the costs of issuing and selling bonds and 
notes; and     
		(3) to pay the costs of administering the bonds and 
notes and the loan program, including the payment of fees and 
expenses of advisors.
	(c) The bonds and notes shall be issued in accordance with the 
subject to the provisions of Chapters 1201, 1207, 1231, 1232, and 
1371.
	(d) In connection with bonds or notes issued under this 
section, the Texas Public Finance Authority may enter into one or 
more credit agreements at any time for a period and on conditions 
the authority approves.
	Sec. 436.159. APPROPRIATION REQUIRED. In accordance with 
Section 49–n, Article III, Texas Constitution, general revenue is 
to be appropriated to the Texas Public Finance Authority in an 
amount determined by the authority to be necessary to pay the 
principal, premium if any, and interest on the bonds, and that 
amount shall be specified in biennial appropriations acts.
	(10) In Section 9 of the bill, in added Section 397.002(a), 
Local Government Code (house committee printing, page 23, line 22), 
strike "and".
	(11) In Section 9 of the bill, in added Section 397.002(a), 
Local Government Code (house committee printing, page 23, line 25), 
between "installation" and the period, insert the following: ";and
		(8) a description of how the project will address future 
base realignment or closure".
	(12) In Section 34 of the bill (house committee printing, 
page 44, line 19), strike "Section 436.158" and substitute 
"Sections 436.158 and 436.159".