Sec. 572.053. VOTING BY LEGISLATORS ON CERTAIN MEASURES OR BILLS; CRIMINAL OFFENSE. (a) A member of the legislature may not vote on a measure or a bill, other than a measure that will affect an entire class of business entities, that will directly benefit a specific business transaction of a business entity in which the member has a controlling interest.
(b) In this section, "controlling interest" includes:
(1) an ownership interest or participating interest by virtue of shares, stock, or otherwise that exceeds 10 percent;
(2) membership on the board of directors or other governing body of the business entity; or
(3) service as an officer of the business entity.
(c) A member of the legislature commits an offense if the member violates this section. An offense under this subsection is a Class A misdemeanor.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Structure Texas Statutes
Title 5 - Open Government; Ethics
Chapter 572 - Personal Financial Disclosure, Standards of Conduct, and Conflict of Interest
Subchapter C. Standards of Conduct and Conflict of Interest Provisions
Section 572.051. Standards of Conduct; State Agency Ethics Policy
Section 572.052. Representation by Legislators Before State Agencies; Criminal Offense
Section 572.053. Voting by Legislators on Certain Measures or Bills; Criminal Offense
Section 572.055. Certain Solicitations of Regulated Business Entities Prohibited; Criminal Offense
Section 572.056. Contracts by State Officers With Governmental Entities; Criminal Offense
Section 572.057. Certain Leases Prohibited
Section 572.059. Independence of State and Local Officers Acting in Legislative Capacity
Section 572.061. Certain Gratuities Authorized
Section 572.069. Certain Employment for Former State Officer or Employee Restricted