Amend CSHB 7 (senate committee printing) by adding the following appropriately numbers SECTION to the bill and renumbering subsequent SECTIONS of the bill accordingly:
SECTION ___. Chapter 140, Local Government Code, is amended by adding Section 140.011 to read as follows:
Sec. 140.011. The Comptroller shall transfer funds to a newly created account for the purpose of reimbursing local government subdivisions who have lost in excess of 2% of their ad valorem tax revenue for the 100% disabled veterans tax exemption. The Comptroller shall have rulemaking authority for implementing this section.