Amend CSSB 2481 (Senate committee printing), in SECTION 1 of 
the bill, by striking amended Section 5.017(c), Property Code (page 
1, lines 14 through 27), and substituting the following:
	(c)  This section does not apply to a deed restriction 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]
			(C)  [(3)] a governmental entity; or          
			(D)  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.