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Amend SB 1276 as follows:                                                    

(1)  In SECTION 1 of the bill, in amended Section 1(a), 	Chapter 186, Acts of the 50th Legislature, Regular Session, 1947 
(Senate engrossed version, page 2, line 9), strike "development, 
generation, distribution," and substitute "financing of and aiding 
in the development of facilities located on lands owned by the 
District for the generation, transmission,".
	(2)  In SECTION 2 of the bill, in proposed Section 2(o), 
Chapter 186, Acts of the 50th Legislature, Regular Session, 1947 
(Senate engrossed version, page 7, line 3), between "generation" 
and the semicolon, insert ", to the extent authorized by Section 
1(a) of this Act".
	(3)  In SECTION 2 of the bill, in proposed Section 2(p), 
Chapter 186, Acts of the 50th Legislature, Regular Session, 1947 
(Senate engrossed version, page 7, line 21), between "facility" and 
the semicolon, insert "to the extent authorized by Section 1(a) of 
this Act".