Relating to certain enforcement powers of the banking commissioner regarding the regulation of money services businesses.

HB 3805 amends Texas law to give the banking commissioner new authority to remove or prohibit individuals from working in money services businesses. It directly affects money services licensees, their key employees, and control persons who commit specific violations, such as intentional fraud, false record-keeping, or violating regulatory orders. The bill establishes clear grounds for the commissioner to issue removal or prohibition orders when actions cause financial harm to licensees, customers, or shareholders, or demonstrate personal dishonesty. These orders can be permanent or time-limited and are subject to specific procedural requirements. The law became effective immediately upon the governor's signature on June 20, 2025.