The bill amends the Occupations Code to enhance the state's response to financial crimes, specifically focusing on card fraud and motor fuel theft. It introduces new definitions for "motor fuel manipulation device" and "motor fuel theft," clarifying the unlawful activities associated with these terms. The bill also expands the purposes of the financial crimes intelligence center to include the detection and prevention of motor fuel theft alongside card fraud. Additionally, it mandates that the center assist various entities, including law enforcement and financial institutions, in developing strategies to combat these crimes.

Furthermore, the bill requires the center to serve as a centralized collection point for information related to both card fraud and motor fuel theft, and it outlines the necessary components of a report that the center must produce, which includes assessments of the current state of these crimes in Texas. The bill also allows grant recipients to use funds for initiatives aimed at reducing both card fraud and motor fuel theft. The provisions of this act are set to take effect on September 1, 2025.

Statutes affected:
Introduced: Occupations Code 2312.001, Occupations Code 2312.052, Occupations Code 2312.054, Occupations Code 2312.055, Occupations Code 2312.102 (Occupations Code 2312)
House Committee Report: Occupations Code 2312.001, Occupations Code 2312.052, Occupations Code 2312.054, Occupations Code 2312.055, Occupations Code 2312.102 (Occupations Code 2312)