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.