Amend SB 1217 (house committee printing) as follows:                         

(1)  In existing SECTION 5 of the bill (page 4, line 9), 	strike "The changes in law" and substitute "Except as otherwise 
provided by this Act, the changes in law".
	(2)  Insert the following appropriately numbered SECTIONS to 
the bill and renumber subsequent SECTIONS of the bill as 
appropriate:
	SECTION ____.  Section 28.04(d), Alcoholic Beverage Code, is 
amended to read as follows:
	(d)  This section does not apply to a change in corporate 
control:           
		(1)  brought about by the death of a shareholder if the 
shareholder's [his] surviving spouse or descendants are the 
shareholder's [his] successors in interest; or
		(2)  brought about when legal or beneficial ownership 
of over 50 percent of the stock of the corporation has been 
transferred:
			(A)  to a person who possesses the qualifications 
required of other applicants for permits and is currently an 
officer of the corporation and has been an officer of the 
corporation ever since the date the original permit was issued; or
			(B)  if the permittee [pays a fee of $500 and] 
notifies the commission, on completed forms and attachments 
prescribed by the commission, of the proposed transfer [at least 10 
days] prior to the date the transfer is to become effective and the 
commission does not find that circumstances exist that would be 
grounds for the denial of a renewal of the permit under Section 
11.46 [of this code] and provided the ownership of the corporation 
immediately after the transfer satisfies the requirements of this 
code.
	SECTION ____.  The change in law made by this Act to Section 
28.04, Alcoholic Beverage Code, applies to renewal of a mixed 
beverage permit that expires on or after the effective date of this 
Act, regardless of when legal or beneficial ownership of the 
corporation holding the permit changed.