SRC-AXB S.B. 1639 76(R) BILL ANALYSIS Senate Research Center S.B. 1639 By: Carona State Affairs 3/23/1999 As Filed DIGEST Currently, Chapters 551 and 552, Government Code, govern required disclosure of certain information. S.B. 1639 authorizes a governmental body to conduct closed meetings and excepts certain information from required disclosure. PURPOSE As proposed, S.B. 1639 creates exceptions for required disclosure of information, and allows a governmental body to conduct a closed meeting. RULEMAKING AUTHORITY This bill does not grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Chapter 551D, Government Code, by adding Section 551.086, as follows: Sec. 551.086. DELIBERATIONS RELATING TO FINANCIAL INFORMATION OF APPLICANT FOR ECONOMIC DEVELOPMENT ASSISTANCE; CLOSED MEETING. Authorizes a governmental body to conduct a closed meeting under certain circumstances relating to the applicant's information. SECTION 2. Amends Chapter 552C, Government Code, by adding Section 552.131, as follows: Sec. 552.131. EXCEPTION: FINANCIAL INFORMATION OF APPLICANT FOR ECONOMIC ASSISTANCE. Excepts a trade secret, tax return, certain financial statements, a feasibility study, marketing report, employee training plan, confidential product information, and other data from disclosure under the requirements of Section 552.021, Government Code. Provides that this section does not except certain governmental body funding information from disclosure under Section 552.021, Government Code. SECTION 3. Emergency clause. Effective date: upon passage.