By:  Shapiro                                           S.B. No. 769
                                 A BILL TO BE ENTITLED
                                        AN ACT
    1-1  relating to the confidentiality of information obtained in
    1-2  negotiations between a municipality and a business entity.
    1-3        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Chapter 371, Local Government Code, is amended by
    1-5  adding Subchapter D to read as follows:
    1-6                SUBCHAPTER D.  RECRUITING NEW BUSINESS
    1-7        Sec. 371.051.  CONFIDENTIAL INFORMATION OF MUNICIPALITIES.
    1-8  Information collected, assembled, or maintained by a municipality
    1-9  in connection with business recruitment and economic development is
   1-10  confidential, including:
   1-11              (1)  information about the identity, background,
   1-12  finances, proposed locations, trade secrets, or other commercially
   1-13  sensitive matters of a business prospect; and
   1-14              (2)  information about the financial and other
   1-15  incentives offered to a business prospect by the municipality or
   1-16  other information submitted by the municipality that, if released,
   1-17  would give advantage to municipalities, whether inside or outside
   1-18  the state, that may be competing for the business prospect.
   1-19        Sec. 371.052.  DISCLOSURE NOT REQUIRED.  Information made
   1-20  confidential under this subchapter is not subject to the disclosure
   1-21  requirements of Chapter 424, Acts of the 63rd Legislature, Regular
   1-22  Session, 1973 (Article 6252-17a, Vernon's Texas Civil Statutes).
   1-23        SECTION 2.  The importance of this legislation and the
    2-1  crowded condition of the calendars in both houses create an
    2-2  emergency and an imperative public necessity that the
    2-3  constitutional rule requiring bills to be read on three several
    2-4  days in each house be suspended, and this rule is hereby suspended,
    2-5  and that this Act take effect and be in force from and after its
    2-6  passage, and it is so enacted.