Amend SB 4 (senate committee report) as follows:
(1) In the recital to SECTION 2 of the bill (page 1, line 38), strike "Section 48.2555" and substitute "Sections 48.2555 and 48.283".
(2) In SECTION 2 of the bill, immediately following added Section 48.2555, Education Code (page 2, between lines 17 and 18), insert the following:
Sec. 48.283. ADDITIONAL STATE AID FOR CERTAIN DISTRICTS IMPACTED BY COMPRESSION. A school district that received an adjustment under Section 48.257(b) for the 2022-2023 school year is entitled to additional state aid for each school year in an amount equal to the amount of that adjustment for the 2022-2023 school year less the difference, if the difference is greater than zero, between:
(1) the amount to which the district is entitled under this chapter for the current school year; and
(2) the amount to which the district would be entitled under this chapter for the current school year if the district's maximum compressed tax rate had not been reduced under Section 48.2555, as added by S.B. 4, Acts of the 88th Legislature, Regular Session, 2023.