Amend HB 160 (house committee report) as follows:
(1) Strike page 3, line 20, through page 4, line 13.
(2) Add the following SECTION to the bill:
SECTION 3A. TEXAS EDUCATION AGENCY: SCHOOL DISTRICT PROPERTY TAX RELIEF. The amount of $1,325,000,000 is appropriated to the Texas Education Agency from money received by this state from the Coronavirus State Fiscal Recovery Fund (42 U.S.C. Section 802) established under the American Rescue Plan Act of 2021 (Pub. L. No. 117-2) and deposited to the credit of the Coronavirus Relief Fund No. 325 for use during the two-year period beginning on the effective date of this Act to provide school district property tax relief by reducing the state compression percentage, as defined by Section 48.255, Education Code.
(3) On page 5, line 9, strike "2, 3, 4, and 5" and substitute "2 and 3".
(4) Renumber SECTIONS of the bill appropriately.