Amend CSHB 500 (senate committee printing) by adding the following SECTION, appropriately numbered, to the bill and renumbering subsequent SECTIONS of the bill accordingly:
SECTION ____.  Section 171.002(d), Tax Code, as amended by Section 1(a), Chapter 286 (H.B. 4765), Acts of the 81st Legislature, Regular Session, 2009, is amended to read as follows:
(d)  A taxable entity is not required to pay any tax and is not considered to owe any tax for a period if:
(1)  the amount of tax computed for the taxable entity is less than $1,000; or
(2)  the amount of the taxable entity's total revenue from its entire business is less than or equal to $2 [$1] million or the amount determined under Section 171.006 per 12-month period on which margin is based.