The bill, S.B. No. 1491, aims to reorganize and enhance the operations of the Financial Crimes Intelligence Center by transferring Chapter 2312 from the Occupations Code to the Government Code, where it will be redesignated as Chapter 426. The bill introduces new definitions related to financial crimes, including "check fraud," "motor fuel manipulation device," and "payment fraud," while also updating existing definitions. It emphasizes the center's role in addressing motor fuel theft and payment fraud, expanding its responsibilities to include collaboration with various governmental and financial entities to prevent and respond to these crimes.

Additionally, the bill outlines the center's operational framework, including the appointment of a director to oversee its functions and the establishment of agreements with law enforcement agencies. It mandates the center to provide training, outreach, and assistance to relevant stakeholders, as well as to collect and analyze data on motor fuel theft and payment fraud. The bill also allows the department to solicit funding through gifts and grants, while prohibiting donations from certain license holders. The changes are set to take effect on September 1, 2025, with the Texas Commission of Licensing and Regulation tasked with implementing the necessary rules.