84R10335 SRS-F
By: Coleman H.B. No. 2518
A BILL TO BE ENTITLED
AN ACT
relating to discussion or deliberation regarding certain economic
development negotiations by governmental bodies.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 551.087, Government Code, is amended to
read as follows:
Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT
NEGOTIATIONS; CLOSED MEETING. This chapter does not require a
governmental body to conduct an open meeting:
(1) to discuss or deliberate regarding commercial or
financial information that the governmental body has received from
a business prospect or another governmental entity that the
governmental body seeks to have locate, stay, or expand in or near
the territory of the governmental body and with which the
governmental body or the governmental entity providing the
financial information is conducting economic development
negotiations; or
(2) to deliberate the offer of a financial or other
incentive to a business prospect described by Subdivision (1).
SECTION 2. This Act takes effect September 1, 2015.