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Amend Floor Amendment No. 21 by Williams to CSHB 3 in SECTION 

__.01 of the article proposed by the amendment by striking proposed 

Subsection (b), Section 403.351, Government Code, and substituting 

the following:

	(b)  The amount distributed in a fiscal year shall be 

apportioned among the school districts in amounts that, using the 

total taxable value of property in each district determined under 

Subchapter M for the most recent year for which the information is 

available, would permit each district to reduce its maintenance and 

operations tax rate for the tax year that ends in that fiscal year 

from the rate adopted by the district in the preceding tax year by 

the same percentage as each other school district.  The comptroller 

may not distribute to a school district in a fiscal year an amount 

that, when added to the taxes that would be generated by the 

district for the tax year that ends in that fiscal year using a 

maintenance and operations tax rate of 75 cents, and to the state 

funds that would be distributed to the district under Chapter 42, 

Education Code, for the school year beginning in that tax year using 

that tax rate, would provide an amount per student in weighted 

average daily attendance for that school year that exceeds the 

amount of state funds distributed under Chapter 42, Education Code, 

and this section and maintenance and operations taxes of the 

district per student in weighted average daily attendance that 

would have been available to the district in the preceding year if 

the funding elements for Chapters 41 and 42, Education Code, for the 

current year had been in effect for the preceding year.