Relating to civil asset forfeiture of digital currency or other similar property.
This bill would expand Texas civil forfeiture laws to include digital currencies (like Bitcoin), non-fungible tokens (NFTs), and stablecoins as property that can be seized. It defines these digital assets as "contraband" if used in specific felony offenses, such as drug trafficking, financial fraud, or certain health care program crimes. Authorities would be able to seize these assets without requiring a criminal conviction in cases involving the listed offenses. This directly affects individuals holding digital currency who are suspected of involvement in the specified crimes.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 20, 2025
Last action Apr 22, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
6
Key actions
2
Committee
3
Apr 22, 2025
Lower · Passed
Left pending in committee
lower
Apr 22, 2025
Lower · Passed
Testimony taken/registration(s) recorded in committee
lower
Mar 20, 2025
Committee
Referred to Criminal Jurisprudence
lower
Mar 20, 2025
Introduced
Read first time
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Mary Ann Perez
DDemocratic
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