Amend SB 650 (house committee printing) as follows:
(1) In SECTION 1 of the bill, in added Section 451.132(a)(5)(D), Transportation Code (page 2, line 4), strike "and".
(2) In SECTION 1 of the bill, in added Section 451.132(a)(5)(E), Transportation Code (page 2, line 5), between "tracking" and the period, insert:
;
(F) participation of historically underutilized businesses; and
(G) cost-benefit analyses
(3) In SECTION 1 of the bill, following added Section 451.132(d), Transportation Code (page 2, between lines 14 and 15), insert:
(e) The board may not adopt a plan for participation of historically underutilized businesses in capital improvement projects that require a quota or any similar requirement. The board may not conduct a capital improvement project in a way that has the effect of creating a quota for the participation of historically underutilized businesses.
(4) In SECTION 1 of the bill, following added Section 451.133(c), Transportation Code (page 2, between lines 23 and 24), insert:
(d) The board shall maintain, update, and post on the authority's Internet website accounting records for each authority account, including:
(1) the account's balance at the end of the fiscal year;
(2) deposits to the account;
(3) account expenditures; and
(4) interest income to the account.
(5) In SECTION 1 of the bill, in added Section 451.134(a), Transportation Code (page 2, line 27), strike "budgeted operating expenses for two months" and substitute "actual operating expenses for 90 days".
(6) In SECTION 1 of the bill, strike added Section 451.134(b), Transportation Code (page 3, lines 1-3), and substitute:
(b) The board shall adjust the amount held in the reserve account at least once annually based on the authority's actual operating reserves for the 12 months immediately preceding the adjustment.
(7) In SECTION 1 of the bill, in Section 451.137(c), Transportation Code (page 5, line 22), strike "two" and substitute "eight".
(8) In SECTION 1 of the bill, in Section 451.137(c), Transportation Code (page 5, line 24), strike "15" and substitute "60".
(9) In SECTION 3 of the bill (page 7, line 12), strike "September 1, 2016," and substitute "January 1, 2012".
(10) In SECTION 3 of the bill (page 7, line 15), between "account" and the period, insert ". The metropolitan rapid transit authority shall fully fund the account by December 31, 2014".