Amend CSHB 500 (house committee printing) as follows:
(1)  On page 3, line 1, strike "and" and substitute "[and]".
(2)  On page 3, line 2, between "(iii)" and "subtracting", insert the following:
subtracting 50 percent of the costs not already subtracted under Subparagraph (ii)(a) or (b) that are properly allocable under the Federal Acquisition Regulation (48 C.F.R. Chapter 1, or a successor regulation), to contracts, or subcontracts supporting those contracts, for the sale of goods or services to the federal government; and