Amend HB 3722 (house committee report) as follows:

(1)  Add the following appropriately numbered SECTION and renumber subsequent SECTIONS of the bill accordingly:

SECTION ____.  Section 41.002(g), Education Code, is amended to read as follows:

(g)  The wealth per student that a district may have under Subsection (e) is adjusted as follows:

AWPS = WPS X (((EWL/280,000 - 1) X DTR/1.17[1.5]) + 1)

where:

"AWPS" is the district's wealth per student;

"WPS" is the district's wealth per student determined under Subsection (e);

"EWL" is the equalized wealth level; and

"DTR" is the district's adopted maintenance and operations tax rate for the current school year.

(2)  On page 2, line 8, strike "This Act" and substitute "Section 13.054, Education Code, as amended by this Act,".