Amend SB 447, in SECTION 1 of the bill, proposed Section 
274.001, Local Government Code (committee printing, on page 1, 
lines 17-24), by striking proposed Subdivision (3) and 
substituting:
		(3)  "Tax receivable" means a right to receive the 
revenue from:     
			(A)  a delinquent ad valorem tax imposed by a 
local government on real property for a specific tax year or a 
specific tax account, other than a delinquent ad valorem tax 
imposed on real property that, on the date the tax was imposed:
				(1)  had been granted a residence homestead 
exemption under Section 11.13, Tax Code; or
				(2)  was appraised under a law enacted under 
Section 1-d or 1-d-1, Article VIII, Texas Constitution; and
			(B)  a delinquent assessment or other charge 
imposed by a local government that is secured by a lien on real 
property, other than a lien on real property that, on the date the 
lien was perfected, was a property described by Paragraph (A)(1) or 
(2).