Amend SB 2 (senate committee report) in SECTION 2 of the bill as follows:
(1) In added Section 29.361(a), Education Code (page 7, line 19), strike "Subsection (b)" and substitute "Subsections (b) and (b-1)".
(2) In added Section 29.361, Education Code (page 7, between lines 33 and 34), insert the following:
(b-1) The total amount in a participating child's account in any year may not exceed $20,000. Notwithstanding Subsection (a), the comptroller shall reduce the amount of a credit to a program participant's account as necessary to ensure the amount in the account does not exceed the limit described by this subsection.