Amend CSHB 1 (house committee printing) as follows:
(1) In Article III of the bill, following the appropriations to the Texas Education Agency (page III-3), add the following appropriately numbered rider and renumber subsequent riders accordingly:
____. Additional Funds for School District Property Tax Relief. In addition to other amounts appropriated by this Act to the Texas Education Agency, the amount of $29,430,000,000 is appropriated from the General Revenue Fund to the Texas Education Agency for state fiscal biennium ending August 31, 2025, for use in providing school district property tax relief by reducing the state compression percentage, as defined by Section 48.255, Education Code.
(2) Proportionately reduce each appropriation of general revenue made by this Act, other than the appropriations made to the Texas Education Agency in the rider added by the first item of this amendment, by $29,430,000,000 for the state fiscal biennium ending August 31, 2025.
(3) Adjust totals and methods of financing accordingly.