TX SB1499

Transfers the Financial Crimes Intelligence Center from the Occupations Code to the Government Code and expands its scope from "card fraud" to "payment fraud," which includes check fraud, unauthorized payment orders, unauthorized electronic fund transfers, and other fraudulent payment orders

Adds new definitions for "check fraud," "electronic fund transfer," "payment fraud," and "unauthorized payment order" to broaden the types of financial crimes the center addresses

Renames the leadership position from "chief intelligence coordinator" to "director" while maintaining the requirement that this person supervise and manage center operations

Authorizes the center to serve as a centralized collection point for payment fraud information, provide law enforcement training, conduct public outreach, and release non-sensitive information to financial institutions and merchants

Requires the Texas Commission of Licensing and Regulation to adopt rules implementing these changes, with an effective date of September 1, 2025