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1 | 1 | 84R10335 SRS-F | |
2 | 2 | By: Coleman H.B. No. 2518 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to discussion or deliberation regarding certain economic | |
8 | 8 | development negotiations by governmental bodies. | |
9 | 9 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
10 | 10 | SECTION 1. Section 551.087, Government Code, is amended to | |
11 | 11 | read as follows: | |
12 | 12 | Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT | |
13 | 13 | NEGOTIATIONS; CLOSED MEETING. This chapter does not require a | |
14 | 14 | governmental body to conduct an open meeting: | |
15 | 15 | (1) to discuss or deliberate regarding commercial or | |
16 | 16 | financial information that the governmental body has received from | |
17 | 17 | a business prospect or another governmental entity that the | |
18 | 18 | governmental body seeks to have locate, stay, or expand in or near | |
19 | 19 | the territory of the governmental body and with which the | |
20 | 20 | governmental body or the governmental entity providing the | |
21 | 21 | financial information is conducting economic development | |
22 | 22 | negotiations; or | |
23 | 23 | (2) to deliberate the offer of a financial or other | |
24 | 24 | incentive to a business prospect described by Subdivision (1). | |
25 | 25 | SECTION 2. This Act takes effect September 1, 2015. |