Amend SB 1332 by adding the following section to the bill, 
numbered appropriately, and renumbering the subsequent sections of 
the bill accordingly:
	SECTION ____.  Section 1231.001(2), Government Code, is 
amended to read as follows:
		(2)  "State security" means:                                                  
			(A)  an obligation, including a bond, issued by:                             
				(i)  a state agency;                                                        
				(ii)  an entity that is expressly created by 
statute and has statewide jurisdiction; or
				(iii)  an entity issuing the obligation on 
behalf of this state or on behalf of an entity described by 
Subparagraph (i) or (ii); [or]
			(B)  an installment sale or lease-purchase 
obligation that is issued by or on behalf of an entity described by 
Paragraph (A) and that has:
				(i)  a stated term of more than five years;  
or                           
				(ii)  an initial principal amount of more 
than $250,000; or        
			(C)  a contractual obligation, including a lease, 
that is entered into, issued, or incurred by or for an institution 
of higher education as defined by Section 61.003, Education Code, 
other than a public junior college, and that has:
				(i)  a stated term of more than five years; 
or                     
				(ii)  an initial principal amount of more 
than $250,000.