Amend HB 5 on page 3, between lines 25 and 26, by inserting 
the following new section, appropriately numbered, and renumbering 
the subsequent sections accordingly:
	SECTION ____.  Section 42.302(a-1), Education Code, is 
amended to read as follows:
	(a-1)  In this section, "wealth per student" has the meaning 
assigned by Section 41.001.  For purposes of Subsection (a), the 
dollar amount guaranteed level of state and local funds per 
weighted student per cent of tax effort ("GL") for a school district 
is:
		(1)  the amount of district tax revenue per weighted 
student per cent of tax effort available to a district at the 88th 
percentile in wealth per student, as determined by the commissioner 
in cooperation with the Legislative Budget Board, for the 
district's maintenance and operations tax effort equal to or less 
than the rate equal to the product of the state compression 
percentage, as determined under Section 42.2516, multiplied by the 
maintenance and operations tax rate adopted by the district for the 
2005 tax year;
		(2)  the amount of district tax revenue per weighted 
student per cent of tax effort that would be available to the Austin 
Independent School District, as determined by the commissioner in 
cooperation with the Legislative Budget Board, if the reduction of 
the limitation on tax increases as provided by Section 11.26(a-1), 
(a-2), or (a-3), Tax Code, did not apply, for the first six cents by 
which the district's maintenance and operations tax rate exceeds 
the rate equal to the product of the state compression percentage, 
as determined under Section 42.2516 and notwithstanding the 
limitation on district enrichment tax rate ("DTR") under Section 
42.303, multiplied by the maintenance and operations tax rate 
adopted by the district for the 2005 tax year; and
		(3)  $31.95, for the district's maintenance and 
operations tax effort that exceeds the amount of tax effort 
described by Subdivision (2).