SB 1172
AN ACT relating to exempting certain transactions from regulation by the
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to Senate committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to exempting certain transactions from regulation by the
Bill Text
relating to exempting certain transactions from regulation by the BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 1101.002, Occupations Code, is amended by adding Subdivisions (4-a) and (4-b) to read as follows: (4-a) "Mineral" has the meaning assigned by Section 75.001, Property Code. The term includes oil, gas, related hydrocarbons, coal, lignite, uranium, and substances classified as base, industrial, precious, or strategic minerals. (4-b) "Other energy source" means a natural resource other than a mineral that is necessary to produce energy, including geothermal, hydroelectric, nuclear, solar, and wind energy. SECTION 2. Section 1101.005, Occupations Code, is amended Sec. 1101.005. APPLICABILITY OF CHAPTER. This chapter does (1) an attorney licensed in this state; (2) an attorney-in-fact authorized under a power of attorney to conduct not more than three real estate transactions (3) a public official while engaged in official (4) an auctioneer licensed under Chapter 1802 while conducting the sale of real estate by auction if the auctioneer does not perform another act of a broker; (5) a person conducting a real estate transaction under a court order or the authority of a will or written trust (6) a person employed by an owner in the sale of structures and land on which structures are located if the structures are erected by the owner in the course of the owner's (7) an on-site manager of an apartment complex; (8) an owner or the owner's employee who leases the owner's improved or unimproved real estate; [or] (A) the sale, lease, or transfer of a real (i) minerals, mining, or a quarry; (iv) other energy sources [mineral or mining interest in real property]; (B) the sale, lease, or transfer of a cemetery (C) the lease or management of a hotel or motel; (D) the sale of real property under a power of sale conferred by a deed of trust or other contract lien; (10) the sale, lease, or transfer of real estate for a (A) a general partner of the limited partnership; (B) an employee of a general partner of the limited partnership who negotiates the transaction in the course of (C) an employee of the limited partnership who negotiates the transaction in the course of employment; or (11) the sale, lease, or transfer of real estate for a (A) a manager or managing member of the limited (B) an employee of a manager or managing member of the limited liability company who negotiates the transaction in (C) an employee or member of the limited liability company who negotiates the transaction in the course of SECTION 3. 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, 2025.
Bill History
Bill filed: AN ACT relating to exempting certain transactions from regulation by the
Related Guides
Learn more about tracking Texas legislation and working with lobbyists.
How to Read & Track Texas Bills
Master bill numbering, understand legislative language, and learn effective tracking strategies.
Understanding Texas Legislative Deadlines
Navigate the 140-day session with critical calendar dates and filing deadlines.
How Laws Get Made in Texas
Follow a bill's journey from filing to the governor's desk through committees and floor votes.
When Should Your Business Hire a Lobbyist?
Discover the signs that your business needs professional advocacy at the Texas Capitol.