Amend CSHB 1 (house committee printing) as follows:
(1) In Article IX of the bill, add Section 6.25 in the General Limitations on Expenditures to read as follows:
Sec. 6.25. Limitation on Grants of State Funds to Public Facilities Corporations. (a) To the extent allowed by federal and state law, monies appropriated by this Act may not be distributed to any public facility corporation that, during the period for which monies under this Act are appropriated, receives any partial or total exemption from ad valorem taxation for the acquisition, construction, rehabilitation, renovation, repair, equipping, furnishing, or placement of any multifamily housing from this state or any political subdivision of this state.