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Amend CSHB 3 (house committee printing) as follows:
(1) On page 24, line 1, strike "For" and substitute "Subject to adjustment under Subsection (a-1), for [For]".
(2) On page 24, line 21, strike "[(a-1) Notwithstanding" and substitute the following:
(a-1) Beginning with the 2021-2022 school year, the basic allotment provided to a district under Subsection (a) or (b) is adjusted annually to increase the allotment by the greater of:
(1) one percent of the amount of the allotment for the preceding school year; or
(2) the amount that results from applying the inflation rate, as determined by the comptroller on the basis of changes in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the United States Department of Labor, to the allotment for the preceding school year [Notwithstanding
(3) On page 25, line 2, strike "("MCR").]" and substitute "("MCR")].".