PRIA Logo™
TexasHB 380489th Legislature Regular SessionHouse

Relating to the regulation of state banks.

Sponsored By: Stan Lambert, Judith Zaffirini (Democratic)

Signed by Governor

Financial--BanksFinancial--General

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Free to download

Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 2 costs, 0 mixed.

Easier share purchases for existing bank controllers

Previously approved bank controllers can acquire more voting shares without a new control approval, unless the banking commissioner directs otherwise in writing. Since approval, they must continuously hold at least 25% of a voting-share class or qualify as continuously controlling the bank. The law also provides exemptions for debt-related acquisitions, inheritance, and qualifying bank holding company transactions. Debt-related and inherited share acquisitions require written notice before voting; the commissioner can also exempt transactions.

Supervised banks face broader dividend limits

Texas banks under supervision need prior approval from the banking commissioner or supervisor to pay dividends, not just cash dividends. The supervision order can set different terms. Approval requirements also cover asset transfers, lending, investing, new debts, major leadership changes, and activities threatening bank safety. The law's effective-date clause provides immediate effect with two-thirds support in each legislative chamber; otherwise, it sets September 1, 2025.

Texas narrows what counts as bank deposits

The law excludes obligations under Chapter 152 of the Texas Finance Code from the state-bank deposit definition. Other listed deposit liabilities, including account balances, escrow money, and bank-issued checks, remain covered. Money received for immediate use to reduce debt does not count as a deposit. The provision does not establish a direct household payment or benefit.

Sponsors & Cosponsors

Sponsors

  • Stan Lambert

    House

  • Judith Zaffirini

    Democratic • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 297 • No: 3

Senate vote • 5/25/2025

Record vote

Yes: 0 • No: 0

Senate vote • 5/25/2025

Record vote

Yes: 0 • No: 0

House vote • 4/30/2025

Record vote

Yes: 135 • No: 0

House vote • 4/29/2025

Record vote

Yes: 143 • No: 3

House vote • Unknown

Committee vote: Pensions, Investments & Financial Services

Yes: 8 • No: 0

Senate vote • Unknown

Committee vote: Business & Commerce

Yes: 11 • No: 0

Actions Timeline

  1. Effective immediately

    6/20/2025House

  2. Signed by the Governor

    6/20/2025House

  3. Sent to the Governor

    5/28/2025House

  4. Signed in the Senate

    5/27/2025Senate

  5. Signed in the House

    5/27/2025House

  6. Reported enrolled

    5/26/2025House

  7. Senate passage reported

    5/25/2025House

  8. Record vote

    5/25/2025Senate

  9. Passed

    5/25/2025Senate

  10. Read 3rd time

    5/25/2025Senate

  11. Record vote

    5/25/2025Senate

  12. Three day rule suspended

    5/25/2025Senate

  13. Vote recorded in Journal

    5/25/2025Senate

  14. Read 2nd time & passed to 3rd reading

    5/25/2025Senate

  15. Laid before the Senate

    5/25/2025Senate

  16. Placed on local & uncontested calendar

    5/25/2025Senate

  17. Committee report printed and distributed

    5/15/2025Senate

  18. Recommended for local & uncontested calendar

    5/15/2025Senate

  19. Reported favorably w/o amendments

    5/15/2025Senate

  20. Vote taken in committee

    5/15/2025Senate

  21. Considered in public hearing

    5/15/2025Senate

  22. Left pending in committee

    5/13/2025Senate

  23. Considered in public hearing

    5/13/2025Senate

  24. Scheduled for public hearing on . . .

    5/13/2025Senate

  25. Referred to Business & Commerce

    5/1/2025Senate

Bill Text

Related Bills

Back to State Legislation