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Amend HB 2 at the end of SECTION 1 of the bill by adding the
following new subsection:
(__) The amounts appropriated by Subsections (a)(1)(B) and
(a)(2)(B) of this section are contingent on the approval of HJR 65
or a similar measure by the 80th Legislature, Regular Session,
2007, proposing a constitutional amendment increasing the amount of
the residence homestead exemption from ad valorem taxation for
public school purposes to not less than $45,000 in order to provide
further school property tax relief to local taxpayers. If the 80th
Legislature, Regular Session, 2007, does not approve HJR 65 or a
similar measure proposing a constitutional amendment increasing
the amount of the residence homestead exemption from ad valorem
taxation for public school purposes to not less than $45,000, the
appropriations provided by Subsections (a)(1)(B) and (a)(2)(B) of
this section have no effect.