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SB2340

Assigned to Committee
Authored by Charles Schwertner (R)
View at Source

Caption: Relating to examination of the records of filing entities and foreign filing entities by the attorney general; creating a criminal offense.
Initially Referred to Senate Business & Commerce Committee, chaired by a Republican
Last Referred to House State Affairs Committee, chaired by a Republican
SB 2340 amends the Business Organizations Code to enhance the authority of the Texas Attorney General to investigate filing and foreign filing entities. It grants the Attorney General the ability to require sworn statements, examine individuals under oath, and access company records. Entities that refuse to comply may face business forfeiture unless they successfully challenge the requirement in court. The bill also establishes a criminal offense for the intentional destruction, concealment, or falsification of records to evade compliance, punishable by fines up to $5,000 and/or up to one year of jail time.

Co-authors: Kolkhorst (R)

Mar 12, 2025


(S) Schwertner signed onto the bill as Author
(S) Received by the Secretary of the Senate
(S) Filed
 

Mar 25, 2025


(S) Read first time
(S) Referred to the Senate Business & Commerce, chaired by a Republican
 

Apr 24, 2025


(S) Scheduled for public hearing on . . .
(S) Considered in public hearing
(S) Testimony taken in committee
(S) Left pending in committee
 

Apr 29, 2025


(S) Kolkhorst signed onto the bill as Coauthor
(S) Co-author authorized
 

May 1, 2025


(S) Considered in public hearing
(S) Vote taken in committee
 

May 5, 2025


(S) Reported favorably as substituted
(S) Committee report printed and distributed
 

May 7, 2025


(S) Placed on intent calendar
 

May 8, 2025


(S) Rules suspended-Regular order of business
(S) Record vote
(S) Read 2nd time & passed to engrossment

20250508_SB2340_E: Yea 21 (R 20, D 1) - Nay 10 (R 0, D 10)

Yea - A. Hinojosa; Bettencourt; Birdwell; Campbell; Creighton; Flores; Hagenbuch; Hall; Hancock; Huffman; Hughes; King; Kolkhorst; Middleton; Nichols; Parker; Paxton; Perry; Schwertner; Sparks; West

Nay - Alvarado; Blanco; Cook; Eckhardt; Gutierrez; J. Hinojosa; Johnson; Menendez; Miles; Zaffirini

You can view which lawmakers have received money from a specific PAC
by selecting the PAC from the list below:


(S) Record vote
(S) Rules suspended-Regular order of business
(S) Record vote
(S) Read 3rd time
(S) Passed

20250508_SB2340_3R: Yea 21 (R 20, D 1) - Nay 10 (R 0, D 10)

Yea - A. Hinojosa; Bettencourt; Birdwell; Campbell; Creighton; Flores; Hagenbuch; Hall; Hancock; Huffman; Hughes; King; Kolkhorst; Middleton; Nichols; Parker; Paxton; Perry; Schwertner; Sparks; West

Nay - Alvarado; Blanco; Cook; Eckhardt; Gutierrez; J. Hinojosa; Johnson; Menendez; Miles; Zaffirini

You can view which lawmakers have received money from a specific PAC
by selecting the PAC from the list below:


(S) Record vote
(S) Reported engrossed
 

May 9, 2025


(H) Received from the Senate
 

May 12, 2025


(H) Read first time
(H) Referred to the House State Affairs, chaired by a Republican

Lobbying Against/For/On This Bill

Against

(Thu 4/24/2025) Registering before S Business & Commerce as Danny Woodward for Texas Civil Rights Project (TCRP)
 

On

(Thu 4/24/2025) Testifying before S Business & Commerce as Jennifer Roscetti for Office of the Attorney General



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