S.B. No. 2798 amends the Code of Criminal Procedure in Texas to update the statutes of limitations for various criminal offenses, particularly focusing on fraud-related crimes. The bill specifies that felony indictments can be presented within certain time limits, with no limitation for serious offenses such as murder, sexual assault, and trafficking of persons. Notably, the bill introduces new provisions that extend the statute of limitations for certain offenses, including interference with child custody and burglary when biological evidence is involved. It also clarifies the time frames for prosecuting various felonies, including a new seven-year limit for offenses under Chapter 32 of the Penal Code, which encompasses fraud-related crimes.

Additionally, the bill includes several deletions and modifications to existing law, such as the removal of specific offenses from the statute of limitations categories and the reclassification of certain crimes. For example, it replaces the previous categorization of "misapplication of fiduciary property" with a broader reference to offenses under Chapter 32. The changes will take effect on September 1, 2025, and the law will not apply retroactively to offenses that are already barred by limitation prior to this date.