Amend SB 1262 by striking SECTION 2 of the bill and 
substituting the following:
	SECTION 2.  (a)  This Act takes effect immediately if it 
receives a vote of two-thirds of all the members elected to each 
house, as provided by Section 39, Article III, Texas Constitution.  
If this Act does not receive the vote necessary for immediate 
effect, this Act takes effect September 1, 2003.
	(b)  This Act applies only to an economic incentive 
agreement, including a renewal or renegotiation of a previous 
agreement, entered into on or after the effective date of this Act.  
An economic incentive agreement, including a renewal or 
renegotiation of a previous agreement, entered into before the 
effective date of this Act is governed by the law in effect on the 
date the agreement was entered into, and that law is continued in 
effect for that purpose.