Amend CSHB 3928, by inserting the following SECTION:                         
	SECTION ____ Amend Chapter 171, Tax Code by adding the 
following new section:
	Section 171.____ "SMALL BUSINESS TAX ADVISORY COMMITTEE (a) 
PURPOSE The Small Business Tax Advisory Committee will conduct an 
annual study of the effects of the tax levied under this Chapter on 
small businesses in the state. The study must take into 
consideration:
		(1) job growth or loss attributable to the franchise 
tax;            
		(2) the impact of the franchise tax on wages;                          
		(3) the number of business that ceased to operate due to 
the franchise tax, if any; and,
		(4) the number of businesses that changed business 
organization to avoid payment of the franchise tax, if any;
		(5) the number of businesses that relocated their 
operations, headquarters, or other facilities due to the franchise 
tax, if any; and,
		(6) any other items posed by the comptroller.                          
	(b) The comptroller shall chair the small business tax 
advisory committee and shall appoint:
		(1) at the direction of the speaker of the house, one 
member of the house of representatives;
		(2) at the direction of the lieutenant governor, one 
member of the senate;
		(3) at least one certified public accountant; and,                     
		(4) at least three small business owners.                              
	(c) The comptroller, by rule, shall establish procedures for 
the functions of the advisory committee, including a report to be 
issued to the speaker of the house of representatives, the 
lieutenant governor, and the governor by no later than January 1, 
2009.