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Amend Floor Amendment No. 1 to SB 1848 as follows:
SECTION __. Section 31.01, Tax Code, is amended by adding
Subsection (d-2) to read as follows:
(d-2) This subsection applies only to a school district and
only in connection with taxes imposed by the district in 2007. This
subsection expires January 1, 2008. In addition to any other
information required by this section, the tax bill or separate
statement shall separately state:
(1) the amount of tax that would be imposed by applying
the district's maintenance and operations rate for the 2005 tax
year to current total value for 2007;
(2) the amount of tax that would be imposed by applying
the district's maintenance and operations rate for the 2007 tax
year to current total value for 2007; and
(3) the amount, if any, by which the amount calculated
under Subdivision (1) exceeds the amount calculated under
Subdivision (2), which must be labeled "Estimate of school district
maintenance and operations property tax savings attributable to
House Bill No. 1, Acts of the 79th Legislature, 3rd Called Session,
2006 and appropriations of state funds by the 80th Legislature.