After some repetition of some really terrible reporting by somebody who should know better ;-), here's my analysis of the Texas Drone Bill.
tl;dr for hobbyists: If you're flying over public property, private property with permission of the owner, or not intending to surveil a particular person, you're good to fly and take pictures by this law.
http://eastbay-rc.blogspot.com/2013/05/eastbay-rc-analysis-of-texas-drone-bill.html
Comments
Sending the Verge an application for Drone Correspondent now!
Thanks, Mark -- that's super helpful. Next time, please beat The Verge to the story so I can link to you instead ;-)