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Amend Amendment No. 1 by Capriglione to CSHB 855 on page 3 of the amendment as follows:
(1) Strike lines 7 through 14 and substitute the following:
required by Section 49-g, Article III, Texas Constitution, the amount of the sufficient balance of the economic stabilization fund is equal to seven percent of the certified general revenue-related appropriations for the state fiscal biennium during which the transfers are to be made.
(2) On line 15, strike "The comptroller shall allocate" and substitute "Except as provided by Subsection (c), the comptroller shall allocate".
(3) On lines 20 and 21, strike "as determined under this section" and substitute "of the economic stabilization fund".
(4) Between lines 23 and 24, insert the following:
(c) If the legislature appropriates money from the Texas stabilization account and, as a result of that appropriation, the account balance is less than the sufficient balance of the economic stabilization fund, the comptroller may not adjust the allocation of the economic stabilization fund balance to allocate an amount to the Texas stabilization account to achieve a balance in that account equal to the sufficient balance.