Exhibit 99.(a)(1)(b)
AMENDMENT NO. 1
TO FIFTH AMENDED AND RESTATED
AGREEMENT AND DECLARATION OF TRUST OF
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
This Amendment No. 1 (this “Amendment”) to the Fifth Amended and Restated Agreement and Declaration of Trust (the “Agreement”), dated as of September 20, 2022, as amended, of AIM Tax-Exempt Funds (Invesco Tax-Exempt Funds) (the “Trust”) amends the Agreement of the Trust.
WHEREAS, under Section 9.7 of the Agreement, this Amendment may be executed by a duly authorized officer of the Trust; and
WHEREAS, effective February 24, 2026, the Trust desires to amend the Agreement to remove Invesco Environmental Focus Municipal Fund from Schedule A.
NOW, THEREFORE, the Agreement is hereby amended as follows:
| 1. | Schedule A of the Agreement is hereby amended and restated to read in its entirety as set forth on Exhibit 1 to this Amendment. |
| 2. | All references in the Agreement to “this Agreement” shall mean the Agreement as amended by this Amendment. |
| 3. | Except as specifically amended by this Amendment, the Agreement is hereby confirmed and remains in full force and effect. |
IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the Trust, has executed this Amendment as of _____________.
| By: | /s/ Melanie Ringold | |
| Name: Melanie Ringold | ||
| Title: Secretary, Senior Vice President and Chief Legal Officer | ||
EXHIBIT 1
“SCHEDULE A
AIM TAX-EXEMPT FUNDS (INVESCO TAX-EXEMPT FUNDS)
PORTFOLIOS AND CLASSES THEREOF
| PORTFOLIO | CLASSES OF EACH PORTFOLIO |
| Invesco AMT-Free Municipal Income Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares | |
| Invesco California Municipal Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares | |
| Invesco High Yield Municipal Fund | Class A Shares |
| Class C Shares | |
| Class F Shares | |
| Class R5 Shares | |
| Class R6 Shares | |
| Class T Shares | |
| Class Y Shares | |
| Invesco Intermediate Term Municipal Income Fund | Class A Shares |
| Class C Shares | |
| Class F Shares | |
| Class R6 Shares | |
| Class T Shares | |
| Class Y Shares | |
| Invesco Limited Term California Municipal Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares | |
| Invesco Limited Term Municipal Income Fund | Class A Shares |
| Class A2 Shares | |
| Class C Shares | |
| Class F Shares | |
| Class R5 Shares | |
| Class R6 Shares | |
| Class T Shares | |
| Class Y Shares | |
| Invesco Municipal Income Fund | Class A Shares |
| Class C Shares | |
| Class F Shares | |
| Class R6 Shares | |
| Class T Shares | |
| Class Y Shares | |
| Investor Class Shares |
| Invesco New Jersey Municipal Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares | |
| Invesco Pennsylvania Municipal Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares | |
| Invesco Rochester® AMT-Free New York Municipal Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares | |
| Invesco Rochester® Limited Term New York Municipal Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares | |
| Invesco Rochester® Municipal Opportunities Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R5 Shares | |
| Class R6 Shares | |
| Invesco Rochester® New York Municipals Fund | Class A Shares |
| Class C Shares | |
| Class Y Shares | |
| Class R6 Shares” |