Financial regulation.

Legislative status

1. Introduced
2. In Committee
3. Reported by Committee
4. Floor Vote Scheduled
5. Passed One Chamber
6. Passed Both Chambers
7. Sent to Executive
8. Enacted

Summary

The bill revises the Corporations and Financial Codes, creating new fee schedules for securities filings, broker‑dealers, escrow agents and mortgage lenders, and requires all licensees to maintain a designated electronic service address. It also tightens the criteria for securities the state can invest in, raising rating thresholds to AA or the highest “prime” rating, extending allowable maturity to 397 days and dropping the prior collateral‑deposit requirement. These changes are intended to modernize oversight, increase transparency, and protect public funds.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Vote

Senate amendments concurred in. To Engrossing and Enrolling. (Ayes 78. Noes 0. Page 6693.). · Aug 27, 2026

Hearings

• Appropriations Committee Hearing
  Appropriations · Aug 3, 2026
• Banking and Financial Institutions Committee Hearing
  Banking and Financial Institutions · Jun 17, 2026
• Appropriations Committee Hearing
  Appropriations · May 13, 2026
• Banking and Finance Committee Hearing
  Banking and Finance · Apr 23, 2026

History

1. Jun 3, 2026Referred to Com. on B. & F.I.
2. May 21, 2026Read third time. Passed. Ordered to the Senate. (Ayes 68. Noes 0. Page 5230.)
3. May 21, 2026In Senate. Read first time. To Com. on RLS. for assignment.
4. May 14, 2026Read second time. Ordered to Consent Calendar.
5. May 13, 2026From committee: Do pass. To Consent Calendar. (Ayes 15. Noes 0.) (May 13).
6. Apr 23, 2026From committee: Do pass and re-refer to Com. on APPR. with recommendation: To Consent Calendar. (Ayes 9. Noes 0.) (April 23). Re-referred to Com. on APPR.
7. Apr 20, 2026Re-referred to Com. on B. & F.
8. Apr 16, 2026From committee chair, with author's amendments: Amend, and re-refer to Com. on B. & F. Read second time and amended.
9. Mar 23, 2026Referred to Com. on B. & F.
10. Mar 20, 2026From printer. May be heard in committee April 19.
11. Mar 19, 2026Read first time. To print.

Sponsors

• Committee on Banking and Finance · sponsor

Bill text

Opens the legislature’s own copy.

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