Amend Amendment No. 157 to CSHB 1 by Merritt (page 227, 
prefiled amendment packet) by striking the text of the amendment 
and substituting the following:
	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:
	Report Regarding Junior College District Tax Base Decline. 
Not later than September 1, 2008, the Texas Higher  Education 
Coordinating Board shall submit a report to the governor, 
lieutenant governor, speaker of the house of representatives, and 
presiding officer of each legislative standing committee and 
subcomittee with jurisdiction over public higher education 
regarding:
		(1) any financial effects of a declining tax base for 
each junior college district in this state;
		(2) an equalization formula to compensate for the loss 
of the taxable value of property or mineral interest in the 
district; and
		(3) any additional relevant information as determined 
by the board.