Amend CSHB 1 (house committee printing) in Article III of the bill as follows:
(1) In the appropriations to the Higher Education Coordinating Board, reduce the general revenue appropriations for Strategy B.1.1, TEXAS Grant Program (page III-51), by $18,270,387 for each state fiscal year of the state fiscal biennium ending August 31, 2025.
(2) Following the appropriations to the Higher Education Coordinating Board (page III-53), add the following appropriately numbered rider and renumber subsequent riders accordingly:
____. Contingent Rider: Financial Aid Program. Contingent on the enactment of HB 4330 or similar legislation by the 88th Legislature, Regular Session, 2023, relating to the creation of a financial aid program to award grants to eligible students enrolled at a public junior college, public technical institute, or public state college and additional funding on completion of an associate degree or certificate program at the applicable institution, and in addition to amounts appropriated above:
(1) the amount of $18,270,387 is appropriated from the General Revenue Fund to the Higher Education Coordinating Board for each state fiscal year of the state fiscal biennium beginning September 1, 2023, to implement that legislation; and
(2) any unexpended balances from money appropriated under Subdivision (1) of this rider remaining as of August 31, 2024, are appropriated for the same purpose for the state fiscal year beginning September 1, 2024.