Amend CSHB 1 (house committee printing) in Article III of the bill, following the appropriations to the Texas Education Agency (page III-3), as follows:

(1)  On page III-28, change (c) to read "On September 1, 2023, the Comptroller of Public Accounts shall transfer from the General Revenue Fund into the Property Tax Relief Fund $4,001,216,000.

(2)  On page III-28, change (d) in Rider 81, Property Tax Relief to read "Out of amounts transferred in Subsection (c), $4,001,216,000 is appropriated in Strategy A.1.1 for the 2024-25 biennium out of the Property Tax Relief Fund for district property tax relief, contingent on the enactment of HB 2, or similar legislation related to providing property tax relief through the public school finance system and property tax appraisal and administration, and enactment of HJR 1 and subsequent voter approval of the associated constitutional amendment related to proposing a constitutional amendment to authorize the legislature to limit the maximum appraised value of real property for ad valorem tax purposes and to except certain appropriations to pay for ad valorem tax relief from the constitutional limitation on the rate of growth of appropriations, by the Eighty-Eighth Legislature, Regular Session.

(3)  On page III-28, add a new rider, Public Educator Salary Increase.

(a)  Appropriate $4,000,000,000 in general revenue in fiscal 2024 and $4,000,000,000 in general revenue in fiscal 2025 to Goal A: Strategy A.1.1, FSP-Equalized Operations, with the intent that the Texas Education Agency will apply an amount such that each person entitled to a minimum salary under Section 21.402, Education Code, may receive an equal salary increase, including a classroom teacher, full-time librarian, full-time counselor certified under Subchapter B, Chapter 21, Education Code, and full-time school nurse employed by a school district or a charter school.

(b)  This amount shall be applied in addition to any step increase to which the employee is entitled.