Amend CSHB 3928 as follows:                                                  
	(1)  On page 4, line 13, after the underlined semicolon, add 
"or".    
	(2)  On page 4, strike lines 14-15 and substitute                              
		(3)  [a passive entity as defined by Section 171.0003; 
or  
		[(4)] an entity that is exempt from taxation under           
	(3)  Strike SECTIONS 3, 4, and 5 of the bill (page 7, line 8, 
through page 8, line 26), and renumber subsequent SECTIONS 
accordingly.
	(4)  On page 10, line 11, strike "$600,000" and substitute 
"$650,000".
	(5)  On page 11, line 9, strike "(e),".                                        
	(6)  On page 12, lines 12 and 13, strike "and a passive 
entity, as described by Section 171.0003".
	(7)  On page 13, lines 26 and 27, strike "and a passive 
entity, as described by Section 171.0003".
	(8)  On page 14, strike lines 20-25.                                           
	(9)  On page 40, strike lines 11-14 and substitute the 
following:            
		(1)  Section 171.0003, as effective January 1, 2008;                          
		(2)  Section 171.0004, as effective January 1, 2008;                          
		(3)  Section 171.0011(e),  as effective January 1, 
2008;                    
		(4)  Section 171.1014(g), as effective January 1, 2008; 
and                 
		(5)  Section 171.2035, as effective January 1, 2008.