Texas HB 700: Relating to disclosures for certain commercial sales-based financing…

Introduced Mar 14, 2025
In committee Mar 14, 2025
Passed the House May 12, 2025
Passed the Senate May 26, 2025
To the governor May 31, 2025
Became law Jun 20, 2025

What it does

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

Relating to disclosures for certain commercial sales-based financing transactions, the effect of certain commercial sales-based financing contract provisions, and the registration of commercial sales-based financing brokers and providers; authorizing a fee and providing a civil penalty.

Every action

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

Show the 60 earlier steps

Mar 14, 2025HouseFiled
Mar 14, 2025HouseRead first time
Mar 14, 2025CommitteeReferred to Pensions, Investments & Financial Services · House Pensions, Investments & Financial Services
Apr 14, 2025CommitteeScheduled for public hearing on . . . · House Pensions, Investments & Financial Services
Apr 14, 2025CommitteeConsidered in public hearing · House Pensions, Investments & Financial Services
Apr 14, 2025CommitteeTestimony taken/registration(s) recorded in committee · House Pensions, Investments & Financial Services
Apr 14, 2025CommitteeLeft pending in committee · House Pensions, Investments & Financial Services
Apr 24, 2025CommitteeConsidered in formal meeting · House Pensions, Investments & Financial Services
Apr 24, 2025CommitteeCommittee substitute considered in committee · House Pensions, Investments & Financial Services
Apr 24, 2025CommitteeReported favorably as substituted · House Pensions, Investments & Financial Services
May 6, 2025CommitteeConsidered in formal meeting · House Pensions, Investments & Financial Services
May 6, 2025CommitteeVote reconsidered in committee · House Pensions, Investments & Financial Services
May 6, 2025CommitteeReported favorably w/o amendment(s) · House Pensions, Investments & Financial Services
May 6, 2025HouseComte report filed with Committee Coordinator
May 6, 2025HouseCommittee report distributed
May 7, 2025HouseCommittee report sent to Calendars
May 7, 2025HouseConsidered in Calendars
May 9, 2025HousePlaced on General State Calendar
May 10, 2025HouseRead 2nd time
May 10, 2025HouseAmendment(s) offered (1-McQueeney)
May 10, 2025HouseAmendment amended (2-Plesa)
May 10, 2025HouseRecord vote (RV#2116)
May 10, 2025HouseAmendment adopted as amended (1-McQueeney)
May 10, 2025HouseRecord vote (RV#2117)
May 10, 2025HousePassed to engrossment as amended
May 10, 2025HouseRecord vote (RV#2118)
May 10, 2025HouseStatement(s) of vote recorded in Journal
May 12, 2025HouseRead 3rd time
May 12, 2025HousePassed
May 12, 2025HouseRecord vote (RV#2149)
May 12, 2025HouseStatement(s) of vote recorded in Journal
May 12, 2025HouseReported engrossed
May 12, 2025SenateReceived from the House
May 13, 2025SenateRead first time
May 13, 2025SenateReferred to Business & Commerce
May 22, 2025CommitteeConsidered in public hearing · Senate Business & Commerce
May 22, 2025CommitteeVote taken in committee · Senate Business & Commerce
May 22, 2025CommitteeReported favorably w/o amendments · Senate Business & Commerce
May 22, 2025SenateRecommended for local & uncontested calendar
May 22, 2025SenateCommittee report printed and distributed
May 25, 2025SenatePlaced on intent calendar
May 26, 2025SenateRules suspended-Regular order of business
May 26, 2025SenateRead 2nd time
May 26, 2025SenateAmendment(s) offered (FA1 Perry)
May 26, 2025SenateAmended
May 26, 2025SenateVote recorded in Journal
May 26, 2025SenatePassed to 3rd reading as amended
May 26, 2025SenateVote recorded in Journal
May 26, 2025SenateThree day rule suspended
May 26, 2025SenateRecord vote
May 26, 2025SenateRead 3rd time
May 26, 2025SenatePassed
May 26, 2025SenateRecord vote
May 26, 2025HouseSenate passage as amended reported
May 27, 2025HouseSenate Amendments distributed
May 27, 2025HouseSenate Amendments Analysis distributed
May 28, 2025HousePoint of order withdrawn (Rule 11, Section 2)
May 28, 2025HouseHouse concurs in Senate amendment(s)
May 28, 2025HouseRecord vote (RV#4008)
May 28, 2025HouseStatement(s) of vote recorded in Journal

May 28, 2025HouseText of Senate Amendment(s)
May 28, 2025SenateHouse concurs in Senate amendment(s)-reported
May 29, 2025HouseReported enrolled
May 30, 2025HouseSigned in the House
May 31, 2025SenateSigned in the Senate
May 31, 2025GovernorSent to the Governor
Jun 20, 2025GovernorSigned by the Governor
Jun 20, 2025GovernorEffective on 9/1/25

Roll calls

9 recorded votes: 7 on the floor, 2 in committee. Each shows how every member voted.

Amendment No. 1, as amended, was adopted · Full House

Passed 114–9

May 10, 2025 · journal entry

Yes 114 No 9 Not voting 27

Democrats: 42 yes, 0 no Republicans: 72 yes, 9 no

How each member voted

Yes · 114

No · 9

Not voting · 1

Dustin BurrowsR

Absent · 4

Excused · 22

CSHB 700 , as amended, was passed to engrossment · Full House

Passed 96–30

May 10, 2025 · journal entry

Yes 96 No 30 Not voting 24

Democrats: 44 yes, 0 no Republicans: 52 yes, 30 no

How each member voted

Yes · 96

No · 30

Not voting · 1

Dustin BurrowsR

Absent · 1

Jeff LeachR

Excused · 22

HB 700 was passed · Full House

Passed 116–28

May 12, 2025 · journal entry

Yes 116 No 28 Not voting 6

Democrats: 58 yes, 1 no Republicans: 58 yes, 27 no

How each member voted

Yes · 116

No · 28

Not voting · 1

Dustin BurrowsR

Absent · 2

Excused · 3

Senator Perry moved that Senate Rule 7.18 and the Constitutional Rule requiring bills to be read on three several days be suspended and that HB 700 be placed on its third reading and final passage. — The motion prevailed · Full Senate

Passed 31–0

May 26, 2025 · journal entry

Yes 31 No 0

Democrats: 11 yes, 0 no Republicans: 20 yes, 0 no

How each member voted

Yes · 31

The bill was read third time and was passed · Full Senate

Passed 31–0

May 26, 2025 · journal entry

Yes 31 No 0

Democrats: 11 yes, 0 no Republicans: 20 yes, 0 no

How each member voted

Yes · 31

Representative McQueeney moved to concur in the senate amendments to HB 700 . — The motion to concur in the senate amendments to HB 700 prevailed · Full House

Passed 98–23

May 28, 2025 · journal entry

Yes 98 No 23 Not voting 29

Democrats: 27 yes, 15 no Republicans: 71 yes, 8 no

How each member voted

Yes · 98

No · 23

Not voting · 3

Absent · 16

Excused · 10

Committee and other votes

Date	Where	Question	Result
May 6, 2025	House Pensions, Investments & Financial Services	Pensions, Investments & Financial Services: Reported favorably w/o amendment(s)	Passed 5–4
May 10, 2025	Full House	Amendment No. 2 was adopted Members Yes · 122 AJ LouderbackR Aicha DavisD Alan SchoolcraftR Ana HernandezD Ana-María Rodríguez RamosD Angelia OrrR Angie ButtonR Ann JohnsonD Armando MartinezD Armando WalleD Barbara Gervin-HawkinsD Ben BumgarnerR Brad BuckleyR Brent MoneyR Brooks LandgrafR Candy NobleR Carl TepperR Caroline FairlyR Caroline Harris DavilaR Carrie IsaacR Cassandra Garcia HernandezD Cecil BellR Charlene Ward JohnsonD Charles CunninghamR Charlie GerenR Chris TurnerD Christian ManuelD Christina MoralesD Cody HarrisR Cody VasutR Dade PhelanR Daniel AldersR David CookR David LoweR David SpillerR Denise VillalobosR Dennis PaulR Don McLaughlinR Donna HowardD Drew DarbyR Eddie MoralesD Ellen TroxclairR Erin GámezD Gary GatesR Gary VanDeaverR Gene WuD Gina HinojosaD Giovanni CapriglioneR Greg BonnenR Harold V. Dutton, Jr.D Helen KerwinR Hillary HicklandR J. M. LozanoR James B. FrankR Janie LopezR Jared PattersonR Jay DeanR Jeff BarryR Jessica GonzálezD Joanne ShofnerR John Bucy IIID John LujanR John McQueeneyR Jolanda JonesD Jon RosenthalD Josey GarciaD Katrina PiersonR Keith BellR Ken KingR Keresa RichardsonR Lacey HullR Lauren A. SimmonsD Linda GarciaD Liz CamposD Lulu FloresD Mano DeAyalaR Marc LaHoodR Mark DorazioR Mary E. GonzálezD Matt MorganR Matt ShaheenR Mihaela PlesaD Mike SchofieldR Mitch LittleR Morgan MeyerR Nate SchatzlineR Nicole CollierD Oscar LongoriaD Pat CurryR Paul DysonR Philip CortezD R. D. "Bobby" GuerraD Ramon Romero, Jr.D Ray LopezD Richard HayesR Richard Peña RaymondD Ron ReynoldsD Ryan GuillenR Salman BhojaniD Sam HarlessR Sergio Muñoz, Jr.D Shelby SlawsonR Shelley LutherR Sheryl ColeD Stan GerdesR Stan KitzmanR Steve TothR Suleman LalaniD Terri Leo WilsonR Terry M. WilsonR Todd HunterR Tom CraddickR Tom OliversonR Toni RoseD Tony TinderholtR Trent AshbyR Trey WhartonR Valoree SwansonR Venton JonesD Vincent PerezD Wes VirdellR Will MetcalfR No · 4 Andy HopperR Brian HarrisonR Briscoe CainR Mike OlcottR Not voting · 1 Dustin BurrowsR Absent · 1 Jeff LeachR Excused · 22 Alma AllenD Claudia OrdazD Cole HefnerR Diego BernalD Erin ZwienerD Hubert VoD James TalaricoD Janis HoltR Joe MoodyD John BryantD John SmitheeR Mary Ann PerezD Penny Morales ShawD Rafael AnchíaD Rhetta BowersD Senfronia ThompsonD Stan LambertR Terry CanalesD Thresa "Terry" MezaD Trey Martinez FischerD Vikki GoodwinD Yvonne DavisD	Passed 122–4
May 22, 2025	Senate Business & Commerce	Business & Commerce: Reported favorably w/o amendments	Passed 11–0

Relating to disclosures for certain commercial sales-based financing transactions, the effect of certain commercial sales-based financing contract…

What it does

Every action

Roll calls

Amendment No. 1, as amended, was adopted · Full House

CSHB 700 , as amended, was passed to engrossment · Full House

HB 700 was passed · Full House

Senator Perry moved that Senate Rule 7.18 and the Constitutional Rule requiring bills to be read on three several days be suspended and that HB 700 be placed on its third reading and final passage. — The motion prevailed · Full Senate

The bill was read third time and was passed · Full Senate

Representative McQueeney moved to concur in the senate amendments to HB 700 . — The motion to concur in the senate amendments to HB 700 prevailed · Full House

Committee and other votes

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