Amend CSHB 3 as follows:                                                     

	(1)  Strike SECTION 1.01 of the bill and substitute the 

following:           

	SECTION 1.01.  Section 45.003, Education Code, is amended by 

amending Subsection (d) and adding Subsections (d-1), (d-2), and 

(e) to read as follows:

	(d)  A proposition submitted to authorize the levy of 

maintenance taxes must include the question of whether the 

governing board or commissioners court may levy, assess, and 

collect annual ad valorem taxes for the further maintenance of 

public schools, at a rate not to exceed the rate stated in the 

proposition, which may be not more than the sum of:

		(1)  $1.19 [$1.50] on the $100 valuation of taxable 

property in the district; and

		(2)  $0.15 on the $100 valuation of taxable property in 

the district for enrichment, as authorized by an election as 

provided by Chapter 42[, stated in the proposition].

	(d-1)  Notwithstanding Subsection (d), for the following tax 

years, a proposition submitted to authorize the levy of maintenance 

taxes must include the question of whether the governing board or 

commissioners court may levy, assess, and collect annual ad valorem 

taxes for the further maintenance of public schools, at a rate not 

to exceed the rate stated in the proposition, which may be not more 

than the sum of:

		(1)  for the 2005 tax year:                                            

			(A)  $1.39 on the $100 valuation of taxable 

property in the district; and

			(B)  $0.10 on the $100 valuation of taxable 

property in the district for enrichment, as authorized by an 

election as provided by Chapter 42; and

		(2)  for the 2006 tax year:                                            

			(A)  $1.34 on the $100 valuation of taxable 

property in the district; and

			(B)  $0.15 on the $100 valuation of taxable 

property in the district for enrichment, as authorized by an 

election as provided by Chapter 42.

	(d-2)  Subsection (d-1) and this subsection expire January 

1, 2007.   

	(e)  An election held before January 1, 2005, authorizing a 

maintenance tax at a rate of at least $1.39 on the $100 valuation of 

taxable property in the district is sufficient to authorize a rate 

of $1.39 or less for the 2005 tax year.  An election held before 

January 1, 2006, authorizing a maintenance tax at a rate of at least 

$1.34 on the $100 valuation of taxable property in the district is 

sufficient to authorize a rate of $1.34 or less for the 2006 tax 

year.  An election held before January 1, 2007,





authorizing a maintenance tax at a rate of at least $1.19 on the 

$100 valuation of taxable property in the district is sufficient to 

authorize a rate of $1.19 or less for the 2007 and subsequent tax 

years.

	(2)  Strike PART E of ARTICLE 2 of the bill (committee 

printing page 8, line 45, through page 27, line 47) and substitute 

the following:



PART E.  REPEAL OF THE FRANCHISE TAX

	SECTION 2E.01.  Chapter 171, Tax Code, is repealed effective 

January 1, 2008.