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A BILL TO BE ENTITLED
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AN ACT
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relating to discussion or deliberation regarding certain economic |
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development negotiations by governmental bodies. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 551.087, Government Code, is amended to |
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read as follows: |
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Sec. 551.087. DELIBERATION REGARDING ECONOMIC DEVELOPMENT |
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NEGOTIATIONS; CLOSED MEETING. This chapter does not require a |
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governmental body to conduct an open meeting: |
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(1) to discuss or deliberate regarding commercial or |
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financial information that the governmental body has received from |
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a business prospect or another governmental entity that the |
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governmental body seeks to have locate, stay, or expand in or near |
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the territory of the governmental body and with which the |
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governmental body or the governmental entity providing the |
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financial information is conducting economic development |
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negotiations; or |
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(2) to deliberate the offer of a financial or other |
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incentive to a business prospect described by Subdivision (1). |
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SECTION 2. This Act takes effect September 1, 2015. |