Amend Amendment No. 4 to CSHB 4 by Dutton (page 10 of the pre-filed amendments packet) by inserting the following on page 2 of the amendment after line 11:
(7) On page 8, between lines 26 and 27, insert the following:
(i) The board may not direct the trust company to enter into a bond enhancement agreement with respect to bonds issued by the board the proceeds of which may be used to provide financial assistance to an applicant unless at the time of the request the applicant is in compliance with any applicable requirements of:
(1) federal law relating to contracting with disadvantaged business enterprises; and
(2) state law relating to contracting with historically underutilized businesses.
(8) Reletter the subsequent subsections of Section 15.435, Water Code, as added by the bill, and cross-references to those subsections.