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Amend CSHB 15 by adding the following appropriately numbered 
SECTIONS to the bill and renumbering the subsequent SECTIONS 
accordingly:
	SECTION __.  The vital importance of small businesses to the 
economy of this state and the well-being of its residents requires 
that it be the policy of this state to encourage the creation and 
location of small businesses in this state and promote 
opportunities for those businesses to prosper.
	SECTION __.  Section 481.078, Government Code, is amended by 
adding Subsection (k) to read as follows:
	(k)  To encourage the creation, development, and location of 
small businesses in this state, the governor shall consider making 
grants from the fund to recipients that are small businesses in this 
state or that commit to using the grants to create new small 
businesses in this state or relocate small businesses from outside 
the state to this state.  For the purposes of this subsection, 
"small business" means a legal entity, including a corporation, 
partnership, or sole proprietorship, that:
		(1)  is formed for the purpose of making a profit;                     
		(2)  is independently owned and operated; and                          
		(3)  has fewer than 100 employees.                                     
	SECTION __.  This Act takes effect September 1, 2007.