Bill Text: TX HB2349 | 2025-2026 | 89th Legislature | Comm Sub
Bill Title: Relating to exempting certain transactions from regulation by the Texas Real Estate Commission.
Sponsorship: Partisan Bill (Republican 1)
Status: (Introduced - Dead) 2025-05-02 - Laid on the table subject to call [HB2349 Detail]
Download: Texas-2025-HB2349-Comm_Sub.html
| 89R22096 JCG-F | |||
| By: Darby | H.B. No. 2349 | ||
| Substitute the following for H.B. No. 2349: | |||
| By: Phelan | C.S.H.B. No. 2349 | ||
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| relating to exempting certain transactions from regulation by the | ||
| Texas Real Estate Commission. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 1101.002, Occupations Code, is amended | ||
| by adding Subdivisions (4-a), (4-b), and (9) to read as follows: | ||
| (4-a) "Mineral" has the meaning assigned by Section | ||
| 75.001, Property Code. The term includes oil, gas, related | ||
| hydrocarbons, coal, lignite, uranium, and substances classified as | ||
| base, industrial, precious, or strategic minerals. | ||
| (4-b) "Other energy source" means a natural resource | ||
| other than water or a mineral that is necessary to produce energy, | ||
| including geothermal, nuclear, solar, and wind energy. | ||
| (9) "Water" means: | ||
| (A) diffused surface water; | ||
| (B) groundwater, as defined by Section 36.001, | ||
| Water Code; or | ||
| (C) state water, as described by Section | ||
| 11.021(a), Water Code. | ||
| SECTION 2. Section 1101.005, Occupations Code, is amended | ||
| to read as follows: | ||
| Sec. 1101.005. APPLICABILITY OF CHAPTER. This chapter does | ||
| not apply to: | ||
| (1) an attorney licensed in this state; | ||
| (2) an attorney-in-fact authorized under a power of | ||
| attorney to conduct not more than three real estate transactions | ||
| annually; | ||
| (3) a public official while engaged in official | ||
| duties; | ||
| (4) an auctioneer licensed under Chapter 1802 while | ||
| conducting the sale of real estate by auction if the auctioneer does | ||
| not perform another act of a broker; | ||
| (5) a person conducting a real estate transaction | ||
| under a court order or the authority of a will or written trust | ||
| instrument; | ||
| (6) a person employed by an owner in the sale of | ||
| structures and land on which structures are located if the | ||
| structures are erected by the owner in the course of the owner's | ||
| business; | ||
| (7) an on-site manager of an apartment complex; | ||
| (8) an owner or the owner's employee who leases the | ||
| owner's improved or unimproved real estate; [ |
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| (9) a transaction involving: | ||
| (A) the sale, lease, or transfer of a real | ||
| property interest in: | ||
| (i) minerals, mining, or a quarry; | ||
| (ii) standing timber; or | ||
| (iii) other energy sources [ |
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| (B) the sale, lease, or transfer of a cemetery | ||
| lot; | ||
| (C) the lease or management of a hotel or motel; | ||
| or | ||
| (D) the sale of real property under a power of | ||
| sale conferred by a deed of trust or other contract lien; | ||
| (10) the sale, lease, or transfer of real estate owned | ||
| or leased by or being acquired by or leased to a limited partnership | ||
| by: | ||
| (A) a general partner of the limited partnership; | ||
| (B) an employee of a general partner of the | ||
| limited partnership who negotiates the transaction in the course of | ||
| employment; or | ||
| (C) an employee of the limited partnership who | ||
| negotiates the transaction in the course of employment; or | ||
| (11) the sale, lease, or transfer of real estate owned | ||
| or leased by or being acquired by or leased to a limited liability | ||
| company by: | ||
| (A) a manager or managing member of the limited | ||
| liability company; | ||
| (B) an employee of a manager or managing member | ||
| of the limited liability company who negotiates the transaction in | ||
| the course of employment; or | ||
| (C) an employee or member of the limited | ||
| liability company who negotiates the transaction in the course of | ||
| employment. | ||
| SECTION 3. This Act takes effect immediately if it receives | ||
| a vote of two-thirds of all the members elected to each house, as | ||
| provided by Section 39, Article III, Texas Constitution. If this | ||
| Act does not receive the vote necessary for immediate effect, this | ||
| Act takes effect September 1, 2025. | ||
