Amend CSHB 1823 (Senate committee printing) as follows:                      
	(1)  In the recital to SECTION 2 of the bill (page 1, line 
28), strike "Subsection (a)" and substitute "Subsections (a) and 
(b)".
	(2)  In SECTION 2 of the bill, between amended Subsection (a) 
and added Subsection (e), Section 5.062, Property Code (page 1, 
between lines 42 and 43), insert the following:
	(b)  This subchapter does not apply to the following 
transactions under an executory contract:
		(1)  [a transaction involving] the sale of state land; 
or
		(2)  a sale of land by:                                         
			(A)  the Veterans' Land Board;                                 
			(B)  this state or a political subdivision of this 
state; or        
			(C)  an instrumentality, public corporation, or 
other entity created to act on behalf of this state or a political 
subdivision of this state, including an entity created under 
Chapter 303, 392, or 394, Local Government Code [under an executory 
contract].