Amend CSHB 3 (senate committee printing) as follows:

(1)  In SECTION 1.019 of the bill, in transferred and redesignated Section 48.051(a), Education Code (page 12, line 59), strike "For" and substitute "Subject to adjustment under Subsection (a-1), for [For]".

(2)  In SECTION 1.019 of the bill, in transferred and redesignated Section 48.051, Education Code (page 13, line 10), strike "[(a-1) Notwithstanding" and substitute the following:

(a-1)  Each biennium, the basic allotment provided to a district under Subsection (a) or (b) is adjusted to increase the allotment by the amount, if the amount is greater than zero, equal to 50 percent of the estimated reduction in the cost of the foundation school program to the state from the previous biennium attributable to the rate of growth of the taxable value of property in the state for the current biennium, based on the estimates submitted under Section 48.269. The amount calculated under this subsection for each biennium shall be adjusted by the difference between the estimated cost reduction and actual cost reduction for the previous biennium [Notwithstanding

(3)  In SECTION 1.019 of the bill, in transferred and redesignated Section 48.051, Education Code (page 13, line 18), strike "("MCR").]" and substitute "("MCR")].".

(4)  In SECTION 4.007 of the bill, in transferred and redesignated Section 48.051, Education Code (page 106, line 2), strike "For" and substitute "Subject to adjustment under Subsection (a-1), for [For]".

(5)  In SECTION 4.007 of the bill, in transferred and redesignated Section 48.051, Education Code (page 106, line 23), strike "[(a-1) Notwithstanding" and substitute the following:

(a-1)  Each biennium, the basic allotment provided to a district under Subsection (a) or (b) is adjusted to increase the allotment by the amount, if the amount is greater than zero, equal to 50 percent of the estimated reduction in the cost of the foundation school program to the state from the previous biennium attributable to the rate of growth of the taxable value of property in the state for the current biennium, based on the estimates submitted under Section 48.269. The amount calculated under this subsection for each biennium shall be adjusted by the difference between the estimated cost reduction and actual cost reduction for the previous biennium [Notwithstanding

(6)  In SECTION 4.007 of the bill, in transferred and redesignated Section 48.051, Education Code (page 106, line 31), strike "("MCR").]" and substitute "("MCR")].".