Texas · House Bill 1516 · 89th Legislature, Regular Session

Relating to prohibiting the imposition of a monetary fine or penalty for a violation of a money services business's terms of service agreement…

HB 1516 Sponsored by Mike Schofield Died in committee

  1. Introduced Dec 4, 2024
  2. In committee Mar 12, 2025
  3. Died  
  4. Passed the Senate  
  5. To the governor  
  6. Became law  

What it does

The legislature's own summary of the bill, or its official long title.

Relating to prohibiting the imposition of a monetary fine or penalty for a violation of a money services business's terms of service agreement; providing a civil penalty.

Every action

3 steps, oldest first, as the legislature records them.

  1. HouseFiled
  2. HouseRead first time
  3. CommitteeReferred to Pensions, Investments & Financial Services · House Pensions, Investments & Financial Services

Roll calls

No recorded votes on this bill yet.

Sponsors

The member who introduced it.

From Texas's official records (ftp.legis.state.tx.us), checked Nov 13, 2026. Text links go to the official versions; LegiList does not copy bill text.