Bill
SB 621
Relating to a prohibition on the establishment, operation, or ownership of a public bank by a political subdivision.
89th Legislature (2025)
Introduced by Kevin Sparks and 2 co-sponsors
Texas bill prohibits political subdivisions from establishing or operating public banks, centralizing local government banking through private financial institutions.
Committee report sent to Calendars
#citygovernment--general(i0060)
#countygovernment--general(i0096)
#financial--banks(i0366)
#politicalsubdivisions(i0588)