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 ;-)
The approach to just going after saving images is interesting approach too. So you can fly around and look at anything you want, but don't you dare save those images! Oh do you have a photographic memory? That's a class C misdemeanor.