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Amend CSSB 1082 as follows:
(1) In SECTION 1 of the bill, in added subsection (b),
Section 222.003, Transportation Code (committee printing, page 1,
line 22), strike "must".
(2) In SECTION 1 of the bill, insert (committee printing,
page 1, line 22), between "rate" and "equal", insert "at least".
(3) In SECTION 1 of the bill, strike added subdivision (2),
Subsection (b), Section 222.003, Transportation Code (committee
printing, page 1, lines 26 through 30), and substitute the
following:
(2) the current average interest earnings yield on
all fixed-income investments of the permanent school fund as of the
date the loan is made.
(4) In SECTION 1 of the bill, following added Subsection
(c), Section 222.003, Transportation Code (committee printing,
page 1, between lines 32 and 33), insert the following:
(d) The department may not use the proceeds of a loan made
under this section for the construction of a state highway or other
facility of the Trans Texas Corridor. For purposes of this
subsection, "Trans-Texas Corridor" means a statewide system of
multimodal transportation facilities under the department's
jurisdiction and as designated by the commission, regardless of the
name given to the system.
(5) In SECTION 2 of the bill, in added Section 43.020,
Education Code (committee printing, page 1, line 35), strike "(a)".