TX HB2349

Expands exemptions from Texas Real Estate Commission regulation to include transactions involving real property interests in minerals (oil, gas, coal, uranium), standing timber, and other energy sources (geothermal, solar, wind) rather than just mineral or mining interests

Adds definitions for "mineral," "other energy source," and "water" to the Occupations Code to clarify the scope of exempted transactions

Exempts real estate transactions conducted by general partners or employees of limited partnerships when dealing with property owned, leased, or being acquired by the limited partnership

Exempts real estate transactions conducted by managers, managing members, or employees of limited liability companies when dealing with property owned, leased, or being acquired by the LLC

Takes effect immediately with a two-thirds vote of both legislative chambers, otherwise becomes effective September 1, 2025