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TX HB4395
Bill
Status
6/20/2025
Primary Sponsor
Chris Turner
Click for details
AI Summary
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Requires issuers to submit public securities, records of proceedings, and credit agreements to the attorney general in electronic format with electronic signatures when applicable, rather than paper documents
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Mandates the attorney general to deliver approved documents to the comptroller electronically with electronic signatures
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Requires the attorney general to advise bond-issuing authorities by December 1, 2025 about the new electronic submission requirements and any related procedural changes
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Applies only to documents submitted on or after January 1, 2026; submissions made before that date remain governed by prior law
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Passed the House 144-0 on May 6, 2025 and the Senate 31-0 on May 25, 2025
Legislative Description
Relating to electronic submission and delivery of public securities and records of proceedings for those securities.
State Finances
Last Action
Effective on 1/1/26
6/20/2025