Amend CSSB 1 (house committee report) as follows:
(1) In Article III of the bill, following the appropriations to the Texas Education Agency (page III-3), insert the following appropriately numbered rider:
____. Additional Property Tax Compression. In addition to amounts appropriated above, 50 percent of the amount of money in the economic stabilization fund at the end of the state fiscal year ending August 31, 2025, is appropriated from the economic stabilization fund to the Texas Education Agency for the state fiscal biennium ending August 31, 2027, to reduce the state compression percentage under Section 48.255, Education Code, to the lowest possible percentage for that biennium.
(2) Adjust totals and methods of financing accordingly.