Relating to prohibited activities of a state trust company under supervision.
HB 3806 restricts certain activities of Texas state trust companies under banking supervision. The bill prohibits these companies from selling assets, lending funds, incurring debt, paying dividends, accepting new clients, changing leadership, or engaging in other activities that threaten their safety and soundness without prior approval from the banking commissioner. These restrictions apply during any period of supervision by the banking commissioner. The law takes effect September 1, 2025, directly affecting all Texas state trust companies operating under regulatory oversight.
Bill status
signed
all 5 stages cleared
Introduction
Mar 2025
Committee Review
May 2025
House Passage
May 2025
Senate Passage
May 2025
Signed into Law
Jun 2025
Introduced Mar 26, 2025
Signed Jun 20, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
3 edits
·
Jun 20, 2025
MINOR
The bill text was reformatted from an 'Engrossed' version to an 'Enrolled' version, adding official signatures, certification of passage by both legislative chambers, and governor approval. The substantive policy content regarding state trust company restrictions during supervision remained unchanged.
TECHNICAL
Added official enrolled version header, bill number formatting, and signature blocks for legislative approval.
Removed draft formatting markers, page numbers, and internal tracking codes from the engrossed version.
Added certification statements confirming the bill passed the House on April 30, 2025, and the Senate on May 25, 2025, along with governor approval.
Floor votes · House Apr 29, 2025
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
55
Key actions
17
Committee
13
Jun 20, 2025
Signed into law
Signed by the Governor
executive
May 27, 2025
Upper · Passed
Signed in the Senate
upper
May 27, 2025
Lower · Passed
Signed in the House
lower
May 25, 2025
Lower · Passed
Senate passage reported
lower
May 25, 2025
Upper · Passed
Passed
upper
May 15, 2025
Upper · Passed
Committee report printed and distributed
upper
May 15, 2025
Upper · Passed
Reported favorably w/o amendments
upper
May 15, 2025
Upper · Passed
Vote taken in committee
upper
May 13, 2025
Upper · Passed
Left pending in committee
upper
May 1, 2025
Committee
Referred to Business & Commerce
upper
May 1, 2025
Introduced
Read first time
upper
Apr 30, 2025
Introduced
Received from the House
upper
Apr 30, 2025
Lower · Passed
Passed
lower
Apr 29, 2025
Lower · Passed
Passed to engrossment
lower
Apr 25, 2025
Lower · Passed
Committee report sent to Calendars
lower
Apr 25, 2025
Lower · Passed
Transferred to Calendars Committee
lower
Apr 15, 2025
Lower · Passed
Committee report distributed
lower
Apr 9, 2025
Lower · Passed
Reported favorably w/o amendment(s)
lower
Apr 9, 2025
Committee
Recommended to be sent to Local & Consent
lower
Apr 7, 2025
Lower · Passed
Left pending in committee
lower
Apr 7, 2025
Lower · Passed
Testimony taken/registration(s) recorded in committee
lower
Mar 26, 2025
Committee
Referred to Pensions, Investments & Financial Services
lower
Mar 26, 2025
Introduced
Read first time
lower
2 primary · 0 co-sponsors
Sponsors
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