By: Wentworth  S.B. No. 596
         (In the Senate - Filed February 13, 2007; February 26, 2007,
  read first time and referred to Committee on Natural Resources;
  April 16, 2007, reported favorably by the following vote:  Yeas 10,
  Nays 0; April 16, 2007, sent to printer.)
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to the confidentiality of certain information involving
  real estate transactions of the School Land Board, Veterans' Land
  Board, General Land Office, or Commissioner of the General Land
  Office.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 11.086, Natural Resources Code, is
  amended to read as follows:
         Sec. 11.086.  CONFIDENTIALITY OF CERTAIN INFORMATION
  RELATED TO PURCHASE, [OR] SALE, OR DEVELOPMENT OF REAL PROPERTY.  
  (a)  Information relating to the development, location, [or]
  purchase price, or sale price of real property developed,
  purchased, or sold by or for the School Land Board, Veterans' Land
  Board, land office, or commissioner under authority granted by this
  code, including a contract provision related to the development,
  purchase, or sale of the property, is confidential and exempt from
  disclosure under Chapter 552, Government Code, until all deeds [a
  deed] for the property that are applicable to the transaction or
  series of related transactions are [is] executed and until all
  substantive performance or executory requirements of applicable
  contracts have been satisfied. Information that is confidential
  and exempted from disclosure under this subsection includes an
  appraisal, completed report, evaluation, or investigation
  conducted for the purpose of locating or determining the purchase
  or sale price of the property, or any report prepared in
  anticipation of developing, purchasing, or selling real property.
         (b)  Information that is confidential and excluded from
  disclosure under Subsection (a) is not subject to a subpoena
  directed to the School Land Board, Veterans' Land Board, land
  office, commissioner, attorney general, or governor.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2007.
 
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