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Amend CSHB 1 as follows:
(1) In Article XI of the bill, add the following contingent rider to the appropriations for the Texas Water Development Board:
Contingency Appropriation for HB 3073: Administration of
National Flood Insurance Program. (a) This rider is contingent on
the enactment of HB 3073 or similar legislation by the 80th
Legislature, Regular Session, 2007, that becomes law, transferring
authority for the National Flood Insurance Program from the Texas
Commission on Environmental Quality to the Texas Water Development
Board and creating the floodplain management account.
(b) In addition to other amounts appropriated in this Act,
the Texas Water Development Board is appropriated out of the
floodplain management account:
(1) for the state fiscal year ending August 31, 2008,
an amount equal to 50 percent of the maintenance taxes collected on
gross premiums attributable to insurance against loss or damage by
flood under Chapter 252, Insurance Code, but not to exceed
$2,499,714, to fund the performance of the board's functions under
Section 16.316, Water Code; and
(2) for the state fiscal year ending August 31, 2009,
an amount equal to 50 percent of the maintenance taxes collected on
gross premiums attributable to insurance against loss or damage by
flood under Chapter 252, Insurance Code, but not to exceed
$2,746,065, to fund the performance of the board's functions under
Section 16.316, Water Code.
(2) Adjust the article and agency totals appropriately.