Amend Amendment No. 11 by J.D. Johnson to CSHB 5 as follows:
(1) Add the following appropriately numbered items to the amendment:
(____) On page 3, between lines 9 and 10, insert the following appropriately numbered subdivision and renumber subsequent subdivisions and references to those subdivisions accordingly:
(____) "County average annual wage for manufacturing jobs" means:
(A) the average annual wage in a county for manufacturing jobs during the most recent four quarterly periods for which data is available at the time a person submits an application for a limitation on taxable value under this subchapter, as computed by the Texas Workforce Commission; or
(B) the average annual wage for manufacturing jobs in the region designated for the regional planning commission, council of governments, or similar regional planning agency created under Chapter 391, Local Government Code, in which the county is located during the most recent four quarterly periods for which data is available at the time a person submits an application for a limitation on taxable value under this subchapter, as computed by the Texas Workforce Commission.
(____) Strike page 21, line 19, through page 22, line 6, and substitute the following:
(6) if the applicant is subject to the jobs requirement prescribed by Section 403.604, require that the average annual wage paid to all persons employed by the applicant in connection with the project used to calculate total jobs, other than a required job derived from a construction job credit, exceed 110 percent of the county average annual wage for manufacturing jobs in the county where the job is located, with the applicant's average annual wage being equal to the quotient of:
(A) the applicant's total wages paid, other than wages paid for construction jobs, as reported under Section 403.617(c)(4); and
(B) the applicant's number of total jobs, other than a required job derived from a construction job credit, as reported under Section 403.617(c)(3);
(2) Strike Item 1 of the amendment.