Section 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.Tex. Gov't. Code § 572.053
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.