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Amend SB 2 (house committee report) on page 21 of the bill, between lines 10 and 11, by inserting the following appropriately lettered subsection in added Section 23.231, Tax Code, and relettering the subsequent subsections of that section accordingly:
(____) If the owner of property that receives a circuit breaker limitation under this section leases the property to another person, the owner shall provide an annual statement to the person to whom the property is leased stating:
(1) the difference between the amount of taxes imposed on the property in the applicable tax year and the amount of taxes that would have been imposed in that tax year if not for the limitation under this section; and
(2) that the amount of tax savings described by Subdivision (1) is being passed on to the person to whom the property is leased in the form of a monthly or annual credit against the rent charged for the property.