By: Geren H.B. No. 504
 
  Substitute the following for H.B. No. 504:
 
  By:  Davis of Harris C.S.H.B. No. 504
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the use of nonpublic information by former members of
  the legislature; creating an offense.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 39.06, Penal Code, is amended to read as
  follows:
         Sec. 39.06.  MISUSE OF OFFICIAL INFORMATION. (a) A public
  servant commits an offense if, in reliance on information to which
  the public servant has access by virtue of the person's office or
  employment and that has not been made public, the person:
               (1)  acquires or aids another to acquire a pecuniary
  interest in any property, transaction, or enterprise that may be
  affected by the information;
               (2)  speculates or aids another to speculate on the
  basis of the information; or
               (3)  as a public servant, including as a school
  administrator, coerces another into suppressing or failing to
  report that information to a law enforcement agency.
         (b)  A public servant commits an offense if with intent to
  obtain a benefit or with intent to harm or defraud another, the
  public servant [he] discloses or uses information for a
  nongovernmental purpose that:
               (1)  the public servant [he] has access to by means of
  the public servant's [his] office or employment; and
               (2)  has not been made public.
         (c)  A person commits an offense if, with intent to obtain a
  benefit or with intent to harm or defraud another, the public
  servant [he] solicits or receives from a public servant information
  that:
               (1)  the public servant has access to by means of the
  public servant's [his] office or employment; and
               (2)  has not been made public.
         (c-1)  This section applies to a former member of the
  legislature for:
               (1)  the period concluding with the end of the
  legislative cycle following the legislative cycle in which the
  former member last served as a member of the legislature;
               (2)  information that has not been made public to which
  the former member had access to during the former member's service
  in the legislature; and
               (3)  any use in connection with activities that require
  registration under Chapter 305, Government Code.
         (d)  In this section:
               (1)  [,]"information that has not been made public"
  means any information to which the public does not generally have
  access, and that is prohibited from disclosure under Chapter 552,
  Government Code; and
               (2)  "Legislative cycle" means the two-year period
  beginning on the first day of a regular legislative session and
  ending on the day before the first day of the succeeding regular
  legislative session.
         (e)  Except as provided by Subsection (f), an offense under
  this section is a felony of the third degree.
         (f)  An offense:
               (1)  under Subsection (a)(3) is a Class C misdemeanor;
  and
               (2)  by a public servant who is a former member of the
  legislature is a Class A misdemeanor.
         SECTION 2.  This Act takes effect January 8, 2019.