H.B. No. 1647 establishes a theft of petroleum products task force under the Railroad Commission of Texas to address and prevent the theft of petroleum products in the state. The task force will consist of representatives from the oil and gas industry, energy trade associations, and various law enforcement agencies. It is tasked with conducting ongoing studies, reviewing relevant laws and regulations, analyzing the economic impacts of petroleum theft, and making recommendations for outreach, prevention programs, and training for law enforcement. The task force is required to meet quarterly and may conduct meetings virtually.

The bill mandates that the task force submit a report every even-numbered year by December 1, detailing its findings and recommendations to key state officials and legislative committees. The report must include suggestions for improving transparency, security, consumer protections, and addressing the economic impacts of petroleum theft. Additionally, the bill specifies that certain provisions of the Government Code do not apply to the task force's duration or the designation of its presiding officer. The task force is to be appointed as soon as practicable after the bill's effective date, which is set for September 1, 2025, and the task force will expire on December 31, 2030.