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	Amend CSHB 72 as follows:                                                    



(1)  On page 1, line 17, between "section" and "in", insert 	"on the homestead".

	(2)  Strike page 1, lines 18 through 24, and substitute the 

following:       

		(1)  the amount computed by:                                           

			(A)  multiplying the amount of tax the school 

district imposed on the homestead in the preceding tax year by the 

lesser of one or a fraction the numerator of which is the tax rate of 

the district for the current tax year and the denominator of which 

is the tax rate of the district for the preceding tax year; and

			(B)  adding to the amount computed under Paragraph 

(A) any tax in the current tax year attributable to improvements 

made in the preceding tax year, as provided by Subsection (b); or

	(3)  On page 2, line 9, between "section" and "in", insert 

"on the homestead".

	(4)  On page 2, line 10, between "is" and "computed", insert 

"equal to the amount".

	(5)  On page 2, line 21, strike "school".                               

	(6)  On page 3, line 14, strike "adjustment" and substitute 

"reduction".

	(7)  On page 3, line 15, strike "change" and substitute 

"reduction".

	(8)  On page 4, line 7, strike "adjustment" and substitute 

"reduction".

	(9)  On page 4, line 8, strike "change" and substitute 

"reduction".

	(10)  On page 4, line 12, strike "adjustment" and substitute 

"reduction".

	(11)  On page 4, line 13, strike "change" and substitute 

"reduction".

	(12)  Strike page 4, lines 21 through 24, and substitute the 

following:      



3rd Called Session, 2006, authorizing the legislature to provide 

for a reduction of the limitation on the total amount of ad valorem 

taxes that may be imposed for public school purposes on the 

residence homesteads of the elderly or disabled to reflect any 

reduction in the rate of those