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Amend CSHB 1 in Article XI of the bill following the
appropriations to the Texas Higher Education Coordinating Board
(page XI-22) by adding the following rider:
Allotment for Junior College District Tax Base Decline. In
addition to the amounts appropriated above to the Texas Higher
Education Coordinating Board, there is appropriated to the Texas
Higher Education Coordinating Board from the general revenue fund
in each year of the state fiscal biennium ending August 31, 2009, an
amount sufficient to provide each junior college district located
in the Texas-Louisiana border region as defined by Section
2056.002, Government Code, in each fiscal year of that biennium an
amount equal to the amount computed by applying the district's ad
valorem tax rate for the 2006 tax year to the greater of:
(1) the amount, if any, by which the total taxable
value of property in the district in the tax year that ends in the
applicable fiscal year is reduced from the total taxable value of
property in the district in the 2006 tax year; or
(2) the amount, if any, by which the total taxable
value of mineral interests in the district in the tax year that ends
in the applicable fiscal year is reduced from the total taxable
value of mineral interests in the district in the 2006 tax year.