By:  Carona                                           S.B. No. 1639
         Line and page numbers may not match official copy.
         Bill not drafted by TLC or Senate E&E.
                                A BILL TO BE ENTITLED
                                       AN ACT
 1-1     relating to the application of the open meetings law and public
 1-2     information law to certain meetings and information relating to the
 1-3     finances of an applicant for economic development assistance.
 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-5           SECTION 1.  Subchapter D, Chapter 551, Government Code, is
 1-6     amended by adding Section 551.086 to read as follows:
 1-7           Sec.  551.086.  DELIBERATIONS RELATING TO FINANCIAL
 1-8     INFORMATION OF APPLICANT FOR ECONOMIC DEVELOPMENT ASSISTANCE;
 1-9     CLOSED MEETING.  A governmental body may conduct a closed meeting
1-10     to deliberate information if:
1-11                 (1)  the information received from an applicant for
1-12     economic development assistance from the governmental body is
1-13     excepted from disclosure under Sec. 552.131(a); and
1-14                 (2)  the applicant requests that the information not be
1-15     deliberated in a meeting open to the public.
1-16           SECTION 2.  Subchapter C, Chapter 552, Government Code, is
1-17     amended by adding Section 552.131 to read as follows:
1-18           Sec. 552.131.  EXCEPTION:  FINANCIAL INFORMATION OF APPLICANT
1-19     FOR ECONOMIC ASSISTANCE.  (a)  Information is excepted from the
1-20     requirements of Section 552.021 if the information is:
1-21                 (1)  a trade secret;
1-22                 (2)  a tax return;
 2-1                 (3)  a credit report;
 2-2                 (4)  a financial statement;
 2-3                 (5)  a financial audit;
 2-4                 (6)  employee wage and salary data;
 2-5                 (7)  a feasibility study;
 2-6                 (8)  a marketing report;
 2-7                 (9)  an employee training plan;
 2-8                 (10)  confidential product information; or
 2-9                 (11)  other commercial or financial information, the
2-10     disclosure of which would cause substantial competitive injury to
2-11     the person from whom the information was obtained.
2-12           (b)  This section does not except from disclosure under Sec.
2-13     552.021 information detailing the expenditure of public funds by a
2-14     governmental body or the reduction in revenues received by a
2-15     governmental body directly related to the economic development
2-16     assistance received by the applicant.
2-17           SECTION 3.  The importance of this legislation and the
2-18     crowded condition of the calendars in both houses create an
2-19     emergency and an imperative public necessity that the
2-20     constitutional rule requiring bills to be read on three several
2-21     days in each house be suspended, and this rule is hereby suspended,
2-22     and that this Act take effect and be in force from and after its
2-23     passage, and it is so enacted.