Amend Floor Amendment No. 1 by Wohlgemuth to SB 671 as 
follows:            
	(1) In SECTION 1 of the bill, in proposed Paragraph (A), 
Subdivision (2), Section 51.02, Tax Code, between "study" and the 
comma (floor amendment page 1, line 23), insert "conducted for the 
year 2003 or a subsequent year".
	(2) In SECTION 1 of the bill, in proposed Paragraph (B), 
Subdivision (2), Section 51.02, Tax Code, between "study" and the 
comma (floor amendment page 1, line 27), insert "conducted for the 
year 2003 or a subsequent year".
	(3) In SECTION 1 of the bill, in proposed Paragraph (C), 
Subdivision (2), Section 51.02, Tax Code, between "study" and the 
comma (floor amendment page 1, line 29), insert "conducted for the 
year 2003 or a subsequent year".
	(4) In SECTION 1 of the bill, in proposed Subsection (c), 
Section 51.21, Tax Code, at the end of the subsection (floor 
amendment page 3, line 16), add the following:
	In determining whether the local value for a school district 
is valid, the commissioner shall use a margin of error that does not 
exceed five percent unless the commissioner determines that the 
size of the sample of properties necessary to make the 
determination makes the use of such a margin of error not feasible, 
in which case the commissioner may use a larger margin of error.
	(5) In SECTION 1 of the bill, in proposed Section 51.21, Tax 
Code, between Subsections (g) and (h) (floor amendment page 6, 
between lines 17 and 18), insert the following subsection and 
renumber the subsequent subsections and cross-references to those 
subsections accordingly:
	(h) Notwithstanding Subsection (g), if, after conducting the 
annual study for the two years following the second year for which 
the commissioner determines that a school district is an eligible 
school district, the commissioner determines that the local value 
for the school district is invalid for either of those years, the 
commissioner shall notify the commissioner of education that the 
school district's taxable value for the two years for which the 
commissioner determined that the district was an eligible school 
district was the state value rather than the local value as 
previously certified.  The commissioner of education shall, by 
withholding amounts from subsequent allocations of state funds 
under Chapter 42, Education Code, recover from the school district 
an amount equal to the over allocation of state funds resulting from 
the certification of the local value rather than the state value for 
the two years for which the commissioner determined that the 
district was an eligible school district.  If the school district 
does not receive a tier one allotment, the district shall remit to 
the comptroller for deposit to the credit of the foundation school 
fund an amount equal to the reduction in the district's total cost 
of purchasing attendance credits under Subchapter D, Chapter 41, 
Education Code, or educating nonresident students under Subchapter 
E, Chapter 41, Education Code, resulting from the certification of 
the local value rather than the state value for the two years for 
which the commissioner determined that the district was an eligible 
school district.  This subsection does not apply to an eligible 
school district if the commissioner determines in the year 
following the first year for which the commissioner determines that 
the school district is an eligible school district that the local 
value for the school district is valid.