Relating to increasing the criminal penalties for insider trading and other misuse of official information.
SB 3041 increases criminal penalties for insider trading and misuse of official information in Texas. It classifies offenses as felonies based on the financial gain achieved: third-degree for gains under $150,000, second-degree for $150,000-$300,000, and first-degree for $300,000 or more. The bill directly affects individuals who profit from illegal insider trading or misuse of confidential information. The changes apply only to offenses committed on or after September 1, 2025.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 7, 2025
Last action Apr 8, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
4
Key actions
0
Committee
1
Apr 8, 2025
Committee
Referred to Criminal Justice
upper
Apr 8, 2025
Introduced
Read first time
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Paul Bettencourt
RRepublican
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