Amend HJR 4 (house committee report) as follows:
(1) On page 2, line 16, strike "The" and substitute "Except as provided by Subsection (d), the".
(2) On page 3, between lines 5 and 6, insert the following:
(d) This section does not prohibit the imposition of a tax on a securities transaction executed as part of a high-frequency trading practice that uses an algorithmic trading strategy to execute a large amount of orders at high speeds for the purpose of capitalizing on small price discrepancies in securities or other financial instruments.