House Bill No. 2767 introduces regulations for online global marketplaces in Texas by adding Chapter 121 to the Business & Commerce Code. The bill defines an "online global marketplace" as a platform that facilitates transactions for goods or services in Texas, is not regulated by the state, and provides various services such as payment systems, communication of offers, and infrastructure for connecting users. Additionally, it includes provisions for virtual currencies and software development related to these activities.

The bill also prohibits local governments from regulating online global marketplaces or requiring them to disclose personally identifiable information of users without an administrative subpoena or court order. This aims to create a consistent regulatory environment for online marketplaces across Texas. The act is set to take effect on September 1, 2025.

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