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Amend Floor Amendment by Merritt that is indicated as page 44
in the Prefiled Amendment Packet for CSHB 3
On line 5 of the Amendment, after "produced" insert the
following:
", during the dates certified by the comptroller pursuant to
(q-1),"
Strike lines 6 and 7 and renumber subsequent sections
appropriately.
On line 7, after "Texas", insert the following:
"or similar authority of another state"
On line 9, after "Texas", insert the following:
"or similar authority of another state"
On line 12, after "Texas", insert the following:
"or similar authority of another state"
After line 13, insert the following:
(q-1)(a) The comptroller shall certify dates during which
the monthly average closing price of West Texas Intermediate crude
oil is below $40.00 per barrel and the average closing price of gas
is below $5.00 per MMBtu, as recorded on the New York Mercantile
Exchange (NYMEX).