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Amend Amendment No. 94 by Shaheen to CSHB 1 (page 172, prefiled amendments packet) by striking the text of the amendment and substituting the following:
Amend CSHB 1 (house committee printing) in Article III of the bill, following the appropriations to the Texas Education Agency, by amending Rider 77, Additional Foundation School Program Funds for HB 3, or Other Legislation Increasing the State Share, Enhancing School District Entitlement, Reducing Recapture, and Providing Tax Relief, by striking the third paragraph of that rider and substituting the following:
At least $2.7 billion of the total amount appropriated in this rider shall be used to provide local property tax relief. Funds shall be used to enable the compression of local maintenance and operations (M&O) property tax collections, pursuant to the provisions of the legislation, while ensuring school districts do not receive less total state and local funding through the FSP. To the extent that other amounts are appropriated from the Foundation School Fund No. 193 or from another funding source by this or another act of the 86th Legislature to provide local property tax relief, those amounts are in addition to the amounts appropriated for that purpose by this rider.