TX SB2130

Requires private equity companies to obtain written approval from the Texas Attorney General before completing transactions with veterinary services providers that meet certain thresholds, including $400,000+ annual revenue or 40% market share in a geographic area

Mandates private equity companies submit detailed notice at least 90 days before a transaction's closing date, including financial reports, organizational charts, service descriptions, and impact analyses; the Attorney General has 60 days (extendable to 90) to approve or deny based on public interest factors

Prohibits private equity companies from entering transactions that substantially lessen competition or create monopolies in veterinary services, and bars them from controlling veterinary practices' medical decisions, rates, patient referrals, or medical supply selections

Bans contract provisions that prohibit veterinarians from competing after leaving a practice or from commenting on quality of care, ethical standards, or revenue strategies employed by private equity-owned providers

Establishes civil penalties up to $30 million for anti-competitive violations and $7,500 per day for other violations, creates Class A misdemeanor criminal offenses for prohibited transactions and interference with investigations, and authorizes the Attorney General or district attorneys to seek injunctions and divestiture orders