S.B. No. 2373 introduces new provisions to combat financial exploitation and abuse through the use of artificially generated media and phishing communications. The bill adds Chapter 100B to the Civil Practice and Remedies Code, defining terms such as "artificial intelligence," "artificially generated media," "financial exploitation," and "phishing communication." It establishes a cause of action for individuals harmed by the intentional dissemination of such media or communications for financial exploitation, allowing courts to award actual damages, including mental anguish and attorney's fees. Additionally, the bill permits courts to issue temporary restraining orders to prevent further dissemination of harmful content.

Furthermore, the bill amends the Penal Code by adding Section 32.56, which criminalizes financial abuse using artificially generated media or phishing. Offenses are categorized based on the value of property involved, ranging from Class B misdemeanors to felonies of the first degree, depending on the amount exploited. The legislation also ensures that liability does not extend to providers of interactive computer services or telecommunications services for content provided by others. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Penal Code 32.55 (Penal Code 32)
Senate Committee Report: (Penal Code 32)
Engrossed: (Penal Code 32)
House Committee Report: (Penal Code 32)
Enrolled: (Penal Code 32)