Relating to electronic submission and delivery of public securities and records of proceedings for those securities.
HB 4395 requires issuers of public financial instruments (like bonds) to submit documents such as securities, records of proceedings, or credit agreements to Texas' Attorney General in electronic format with a digital signature, starting January 1, 2026. The Attorney General must then deliver these documents electronically to the Comptroller. This applies only to submissions made on or after the effective date, leaving prior submissions under existing rules. The bill streamlines the submission process but does not change the approval requirements for these financial instruments.
Bill status
signed
all 5 stages cleared
Introduction
Apr 2025
Committee Review
May 2025
House Passage
May 2025
Senate Passage
May 2025
Signed into Law
Jun 2025
Introduced Apr 1, 2025
Signed Jun 20, 2025
Maddy AI version diff · 2 comparisons
What changed between versions
Engrossed
→
Enrolled
·
1 edit
·
Jun 20, 2025
MINOR
The bill text was reformatted from a draft version to an enrolled version with proper legislative signatures and certification of passage. No substantive policy changes were made to the bill's content.
TECHNICAL
Formatting and layout changes including removal of draft markers, addition of enrolled version headers, and insertion of legislative signatures and certification statements.
Floor votes · House May 6, 2025
How they voted
This bill passed the Senate by voice vote (no roll call recorded).
Full legislative history
Actions timeline
Total actions
46
Key actions
16
Committee
11
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 26, 2025
Lower · Passed
Senate passage reported
lower
May 25, 2025
Upper · Passed
Passed
upper
May 22, 2025
Upper · Passed
Committee report printed and distributed
upper
May 22, 2025
Upper · Passed
Reported favorably w/o amendments
upper
May 22, 2025
Upper · Passed
Vote taken in committee
upper
May 20, 2025
Upper · Passed
Left pending in committee
upper
May 7, 2025
Committee
Referred to Business & Commerce
upper
May 7, 2025
Introduced
Read first time
upper
May 7, 2025
Introduced
Received from the House
upper
May 6, 2025
Lower · Passed
Passed
lower
May 5, 2025
Lower · Passed
Passed to engrossment
lower
Apr 29, 2025
Lower · Passed
Committee report sent to Calendars
lower
Apr 29, 2025
Lower · Passed
Committee report distributed
lower
Apr 23, 2025
Lower · Passed
Reported favorably w/o amendment(s)
lower
Apr 14, 2025
Lower · Passed
Left pending in committee
lower
Apr 14, 2025
Lower · Passed
Testimony taken/registration(s) recorded in committee
lower
Apr 1, 2025
Committee
Referred to Pensions, Investments & Financial Services
lower
Apr 1, 2025
Introduced
Read first time
lower
3 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Ben Bumgarner
RRepublican
P
Chris Turner
DDemocratic
P
Royce West
DDemocratic
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