Amend SB 1332 (House committee printing) by adding the
following appropriately numbered SECTIONS to the bill and
renumbering the subsequent SECTIONS accordingly:
SECTION ____. Section 1372.031, Government Code, is amended
to read as follows:
Sec. 1372.031. PRIORITIES FOR RESERVATIONS AMONG CERTAIN
ISSUERS. (a) Except as provided by Subsection (b) and subject
[Subject] to Sections 1372.0321 and 1372.0231, if, on or before
October 20, more than one issuer in a category described by Section
1372.022(a)(2), (3), (4), or (6) applies for a reservation of the
state ceiling for the next program year, the board shall grant
reservations in that category in the order determined by the board
by lot.
(b) Until August 1 of the program year, within the category
described by Section 1372.022(a)(6), the board shall grant priority
to the Texas Economic Development Bank for projects that the Texas
Economic Development and Tourism Office determines meet the
governor's criteria for funding from the Texas Enterprise Fund.
Notwithstanding the priority, the Texas Economic Development Bank
may not receive an amount greater than one-sixth of the portion of
the state ceiling available under Section 1372.022(a)(6) on January
1 of the program year.
(c) In selecting projects for reservations of the state
ceiling for a program year under Subsection (b), among those
projects the Texas Economic Development and Tourism Office
determines meet the governor's criteria for funding from the Texas
Enterprise Fund the office shall give priority to obtaining
reservations for those projects located or to be located in an
economically depressed or blighted area, as defined by Section
2306.004, or in an enterprise zone designated under Chapter 2303.
(d) This section and Section 1372.063 do not give a priority
to any project described by Subsection (b) for the purpose of
selecting projects for reservations under Section 1372.022(b).
(e) The Texas Economic Development Bank is subject to
Section 1201.027(d).
SECTION ____. Section 1372.063, Government Code, is amended
to read as follows:
Sec. 1372.063. PRIORITY 1 CARRYFORWARD CLASSIFICATION. The
priority 1 carryforward classification applies to:
(1) an issuer of a state-voted issue; and
(2) a state agency, other than an issuer of a
state-voted issue, that applies for a carryforward designation for
a project that:
(A) is described by Section 1372.067(a)(2); and
(B) the Texas Economic Development and Tourism
Office determines meets the governor's criteria for funding from
the Texas Enterprise Fund.