Amend the Rose Amendment to CSHB 3 by striking the text of the 
amendment and substituting the following:
	Amend CSHB 3 as follows:                                                       
	(1)  On page 1, line 16, strike "$1.00" and substitute 
"$.997".
	(2)  On page 1, line 19, strike "$1.00" and substitute 
"$.997".
	(3)  On page 1, line 21, strike "$1.00." and substitute 
"$.997."
	(4)  On page 1, line 24, strike "$0.50" and substitute 
"$.503".
	(5)  In Article 2 of the bill, as amended by the Keffer 
Amendment, add the following Sections to Chapter 251, Tax Code, as 
added by the Keffer Amendment:
	Sec.  251.0195.  PROVISIONS APPLICABLE TO CERTAIN BUSINESSES. 
(a)  Notwithstanding Section 251.019, a business that may owe 
insurance premium taxes under Subtitle B, Title 3, Insurance Code, 
is not entitled to a credit of the taxes paid under this chapter 
against any tax imposed on those gross receipts.
	(b)  A tax paid under this chapter by a taxable business that 
may owe insurance premium taxes under Subtitle B, Title 3, 
Insurance Code, is considered a disallowed expense for purposes of 
Article 5.13-2, Insurance Code, and may not be included by the 
taxable business in determining insurance rates or premiums.
	(6)  Add the following appropriately numbered SECTIONS to 
Article 2 of the bill as amended by the Keffer Amendment:
	SECTION 2.__.  Subchapter A, Chapter 171, Tax Code, is 
amended by adding Section 171.006 to read as follows:
	Sec. 171.006.  DISALLOWED EXPENSE FOR CERTAIN TAXABLE 
BUSINESSES. A tax paid under this chapter by a taxable business that 
may owe insurance premium taxes under Subtitle B, Title 3, 
Insurance Code, is considered a disallowed expense for purposes of 
Article 5.13–2, Insurance Code, and may not be included by the 
taxable business in determining insurance rates or premiums.
	SECTION 2.__.  Section 203.001, Insurance Code, as effective 
April 1, 2005, is amended by adding Subsection (d) to read as 
follows:
	(d)  This section does not prohibit the imposition of a tax 
imposed by Chapter 171 or 251, Tax Code, unless a specific exemption 
for insurers or health maintenance organizations is provided in 
those chapters.
	SECTION 2. __.  The following provisions of the Tax Code are 
repealed:       
	(1)  Sections 171.052, 171.0525, and 171.0527; and                             
	(2)  Subchapter U, Chapter 171, as added by Chapters 209 and 
1274, Acts of the 78th Legislature, Regular Session, 2003.