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Amend CSHB 3 (committee report) as follows:
(1) Insert the following appropriately numbered section and
renumbering the subsequent sections accordingly:
Sec.____ FUNDING FOR DEBT SERVICE TAX RELIEF. A portion of
the funds from the revenues generated by this Act shall be used for
the following purposes:
(1) a total of $150,000,000 shall be appropriated to the
Texas Education Agency for the purpose of new awards under the
Instructional Facilities Allotment Program;
(2) funds previously appropriated for the extension of
the Existing Debt Allotment for payment on bonds on which initial
payment was made after the 2002-2003 school year shall be replaced
with revenues generated by this Act.
(2) On page 1, line 36, strike "$1.30" and substitute
"$1.31".
(3) On page 1, line 42, strike "$1.11" and substitute
"$1.13".
(4) On page 1, line 50, strike "$1.30" and substitute
"$1.31".
(5) On page 1, line 52, strike "$1.30" and substitute
"$1.31".
(6) On page 1, line 54, strike "$1.11" and substitute
"$1.13".
(7) On page 1, line 55, strike "$1.11" and substitute
"$1.13".
LUCIO
SHAPLEIGH
VAN DE PUTTE
ZAFFIRINI