Tax distribution: Union-collected taxes under articles 246A and 269A are to be shared with States per clause two. The amendment substitutes the references in clause (1) of article 270 and inserts clauses (1A) and (1B) to provide that taxes collected by the Union under clause (1) of article 246A and taxes levied and collected under clause (2) of article 246A and article 269A, where applied as described, shall be distributed between the Union and the States in the manner provided in clause (2), with clause (2) specifying percentage assignment to States, exclusion from the Consolidated Fund of India, and the President/Finance Commission role in prescribing the distribution.