Amend CSHB 3928 as follows:
(1) On page 11, line 9, between "(g-3)," and "(n),", insert "(h),".
(2) On page 11, line 9, strike "Subsection (t)" and
substitute "Subsections (g-4) and (t)".
(3) On page 15, between lines 24 and 25, insert:
(g-4) A taxable entity that is a pharmacy cooperative shall
exclude from its total revenue, to the extent included under
Subsection (c)(1)(A), (c)(2)(A), or (c)(3), flow-through funds
from rebates from pharmacy wholesalers that are distributed to the
pharmacy cooperative's shareholders.
(h) If the taxable entity belongs to an affiliated group,
the taxable entity may not exclude payments described by Subsection
(f), (g), (g-1), (g-2), [or] (g-3), or (g-4) that are made to
entities that are members of the affiliated group.