Amend HB 3287 on page ____ at line ____ by adding Section 2 to
read as follows and renumbering the subsequent sections.
Section 2. Section 5.017, Property Code is amended as
follows:
(c) This section does not apply to a deed restriction, a
deed restriction amended according to Section 211.002, Property
Code or other covenant running with the land that requires a fee
associated with the conveyance of property in a subdivision that is
payable:
(1) to:
(A) [(1)] a property owners' association that
manages or regulates the subdivision or the association's managing
agent if the subdivision contains more than one platted lot;
(B) [(2)] an entity organized under Section
501(c)(3), Internal Revenue Code of 1986; [or]
[(3) a governmental entity]; or
(C) an entity other than a property owners'
association that operates a golf course and country club in or
adjacent to the subdivision if property owners in the subdivision
are required by deed restriction to obtain and maintain a
membership in the golf course and country club; or
(2) for the benefit or in consideration of a
conservation easement created under Chapter 183, Natural Resources
Code, located in a county with a population of at least 500,000 and
not more than one million.