# Texas SB 667: Relating to prohibiting certain state governmental entities from investing in certain Chinese-affiliated entities. Texas SB 667, Relating to prohibiting certain state governmental entities from investing in certain Chinese-affiliated entities., is a 89th Legislature Regular Session Senate bill sponsored by Jeff Barry, Bryan Hughes (Republican); status signed, last action 2025-06-20 (Effective on 9/1/25) (as of 2026-10-19). - Canonical: https://policyrisk.com/state-bill/TX-SB667-89R - As of: 2026-10-19 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Texas SB 667 - State: Texas - Session: 89th Legislature Regular Session - Title: Relating to prohibiting certain state governmental entities from investing in certain Chinese-affiliated entities. - Status: signed - Chamber: Senate - Introduced: 2024-12-19 - Last action: 2025-06-20, Effective on 9/1/25 - Sponsors: Jeff Barry, Bryan Hughes (Republican) - Cosponsors: 1 - Subjects: PEOPLE'S REPUBLIC OF CHINA, Business & Commerce--General, Civil Remedies & Liabilities, Financial--General, Intergovernmental Relations, Retirement Systems--County & District, Retirement Systems--General, Retirement Systems--Municipal, Retirement Systems--Police & Firefighters, Retirement Systems--State Employees, Retirement Systems--Teachers, State Agencies, Boards & Commissions, MUNICIPAL RETIREMENT SYSTEM, TEXAS, INTERNATIONAL RELATIONS, COMPTROLLER OF PUBLIC ACCOUNTS, EMPLOYEES RETIREMENT SYSTEM OF TEXAS (ERS) - Touches household money: no - Roll calls: 6 (198 yes, 107 no in all) - Economic provisions PRIA read: 5 ## Summary No summary available. ## Bill overview: provisions PRIA read - Texas funds can keep pooled investments: benefit, low. Covered Texas funds do not have to sell restricted holdings held indirectly through managed investment funds or private equity funds. They must ask managers to remove those entities or create a similar fund without them. A state fund may switch within a prudent timeframe, no later than 450 days aft… - Texas funds retain investment duty safeguards: benefit, low. A covered state fund need not follow a requirement it determines conflicts with its duty to invest for beneficiaries. This also covers other legal investment duties, including the constitutional duty of care. When following this law, the Comptroller and covered funds are exempt from conflicting sta… - Texas funds must report restricted investments: cost, low. Beginning September 1, 2025, the Texas Comptroller maintains a public list of restricted China-linked entities for covered state investment funds. The list is updated at least yearly, but no more than quarterly, and filed and posted within 30 days. An entity that fails to answer a verification requ… - Texas shields officials and limits lawsuits: mixed, low. Private parties cannot sue Texas, covered funds, their personnel, or contractors over actions or decisions tied to this law. The ban includes claims that officials failed their duties to beneficiaries; prohibited lawsuits require payment of the defendants' costs and attorney fees. Texas must defend… - Texas funds face investment sale deadlines: mixed, low. Covered Texas funds must sell at least 50% of affected direct investments within 180 days after the listed entity receives notice. They must sell all affected investments within 360 days, subject to the law's financial safeguards. A fund can extend the first deadline when it finds in good faith tha… ## Sponsors and cosponsors - Sponsor: Jeff Barry, House - Sponsor: Bryan Hughes (Republican), Senate - Cosponsor: Tan Parker (Republican), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-05-28 | House | Record vote | pass | 90 | 50 | | | 2025-05-27 | House | Record vote | pass | 87 | 54 | | | 2025-04-10 | Senate | Record vote | pass | | | | | 2025-04-10 | Senate | Record vote | pass | | | | | | Senate | Committee vote: State Affairs | pass | 9 | 0 | | | | House | Committee vote: State Affairs | pass | 12 | 3 | | ## Actions (52) - 2025-06-20: Effective on 9/1/25 (House) - 2025-06-20: Signed by the Governor (House) - 2025-06-01: Sent to the Governor (House) - 2025-06-01: Signed in the House (House) - 2025-05-30: Signed in the Senate (Senate) - 2025-05-28: Reported enrolled (Senate) - 2025-05-28: House passage reported (Senate) - 2025-05-28: Statement(s) of vote recorded in Journal (House) - 2025-05-28: Record vote (RV#3886) (House) - 2025-05-28: Passed (House) - 2025-05-28: Read 3rd time (House) - 2025-05-27: Statement(s) of vote recorded in Journal (House) - 2025-05-27: Record vote (RV#3781) (House) - 2025-05-27: Passed to 3rd reading (House) - 2025-05-27: Read 2nd time (House) - 2025-05-25: Placed on General State Calendar (House) - 2025-05-23: Considered in Calendars (House) - 2025-05-20: Committee report sent to Calendars (House) - 2025-05-19: Committee report distributed (House) - 2025-05-19: Comte report filed with Committee Coordinator (House) - 2025-05-12: Reported favorably w/o amendment(s) (House) - 2025-05-12: Considered in formal meeting (House) - 2025-05-12: Left pending in committee (House) - 2025-05-12: Considered in public hearing (House) - 2025-05-12: Scheduled for public hearing on . . . (House) - 2025-04-22: Referred to State Affairs (House) - 2025-04-22: Read first time (House) - 2025-04-14: Received from the Senate (House) - 2025-04-10: Reported engrossed (Senate) - 2025-04-10: Record vote (Senate) - 2025-04-10: Passed (Senate) - 2025-04-10: Read 3rd time (Senate) - 2025-04-10: Record vote (Senate) - 2025-04-10: Three day rule suspended (Senate) - 2025-04-10: Vote recorded in Journal (Senate) - 2025-04-10: Read 2nd time & passed to engrossment (Senate) - 2025-04-10: Laid before the Senate (Senate) - 2025-04-10: Placed on local & uncontested calendar (Senate) - 2025-03-25: Co-author authorized (Senate) - 2025-03-24: Committee report printed and distributed (Senate) - 2025-03-24: Recommended for local & uncontested calendar (Senate) - 2025-03-24: Reported favorably as substituted (Senate) - 2025-03-20: Vote taken in committee (Senate) - 2025-03-20: Considered in public hearing (Senate) - 2025-03-17: Left pending in committee (Senate) - 2025-03-17: Testimony taken in committee (Senate) - 2025-03-17: Considered in public hearing (Senate) - 2025-03-17: Scheduled for public hearing on . . . (Senate) - 2025-02-03: Referred to State Affairs (Senate) - 2025-02-03: Read first time (Senate) - 2024-12-19: Filed (Senate) - 2024-12-19: Received by the Secretary of the Senate (Senate) ## Bill text - Engrossed: [HTML](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667E.HTM), [PDF](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667E.PDF) - Enrolled: [HTML](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667F.HTM), [PDF](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667F.PDF) - House Committee Report: [HTML](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667H.HTM), [PDF](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667H.PDF) - Introduced: [HTML](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667I.HTM), [PDF](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667I.PDF) - Senate Committee Report: [HTML](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667S.HTM), [PDF](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667S.PDF) ## Related bills - SB 2111: Relating to legal representation of indigent persons in this state and to proceedings before a magistrate including the appointment of counsel for an indigent… (vetoed) - SB 1838: Relating to the appointment of attorneys ad litem and the compensation of certain attorneys ad litem in suits affecting the parent-child relationship filed by… (vetoed) - SB 3: Relating to the regulation of products derived from hemp, including consumable hemp products and the hemp-derived cannabinoids contained in those products; req… (vetoed) - SB 2878: Relating to the operation and administration of and practices and procedures related to proceedings in the judicial branch of state government, including court… (vetoed) - SB 646: Relating to repayment of certain mental health professional education loans. (signed) - HB 4325: Relating to civil liability for prohibited barratry. (became law) ## Sources - [Engrossed (HTML)](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667E.HTM) - [Engrossed (PDF)](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667E.PDF) - [Enrolled (HTML)](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667F.HTM) - [Enrolled (PDF)](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667F.PDF) - [House Committee Report (HTML)](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667H.HTM) - [House Committee Report (PDF)](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667H.PDF) - [Introduced (HTML)](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667I.HTM) - [Introduced (PDF)](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667I.PDF) - [Senate Committee Report (HTML)](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB00667S.HTM) - [Senate Committee Report (PDF)](http://capitol.texas.gov/tlodocs/89R/billtext/pdf/SB00667S.PDF) ## Related - [SB 2111: Relating to legal representation of indigent persons in this state and to proce…](https://policyrisk.com/state-bill/TX-SB2111-89R) - [SB 1838: Relating to the appointment of attorneys ad litem and the compensation of certa…](https://policyrisk.com/state-bill/TX-SB1838-89R) - [SB 3: Relating to the regulation of products derived from hemp, including consumable…](https://policyrisk.com/state-bill/TX-SB3-89R) - [SB 2878: Relating to the operation and administration of and practices and procedures re…](https://policyrisk.com/state-bill/TX-SB2878-89R) - [SB 646: Relating to repayment of certain mental health professional education loans.](https://policyrisk.com/state-bill/TX-SB646-89R) - [HB 4325: Relating to civil liability for prohibited barratry.](https://policyrisk.com/state-bill/TX-HB4325-89R) - [Texas bills](https://policyrisk.com/states/texas/bills) - [Texas state hub](https://policyrisk.com/states/texas) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/TX-SB667-89R (as of 2026-10-19).