Bill > HB4301

This bill establishes a comprehensive Financial Crimes Intelligence Center under the Texas Government Code to combat various criminal activities, primarily focusing on card fraud and organized retail theft. The bill creates a center within the Texas Department of Licensing and Regulation that will serve as a central hub for collecting, analyzing, and sharing intelligence about financial crimes. It expands the center's original mandate to include tracking and preventing organized retail theft, cargo theft, mail theft, theft of service, and unauthorized financial information transfer. The bill establishes an Organized Retail Theft Prevention Advisory Committee composed of 15 members from diverse backgrounds including law enforcement, prosecutors, retailers, and fraud experts, who will meet quarterly to develop strategies, collect statistical data, and provide recommendations for detecting and preventing these crimes. The center is authorized to collaborate with various agencies, provide training, conduct public outreach, and award grants to law enforcement agencies and prosecutors for investigating and prosecuting these specific types of financial crimes. Additionally, the bill requires participating law enforcement agencies and prosecutors to cooperate with the center by sharing relevant statistical data and intelligence, while maintaining the confidentiality of the information. The act is set to take effect on September 1, 2025, giving agencies time to prepare for its implementation.

Labor and Employment

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB4301