Fabio
131 lines
6.8 KiB
Markdown
131 lines
6.8 KiB
Markdown
---
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type: "Bill"
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title: "Relating to disclosures for certain commercial sales-based financing transactions, the effect of certain commercial sales-based financing contract provisions, and the registration of commercial sales-based financing brokers and providers; authorizing a fee and providing a civil penalty."
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description: "Relating to disclosures for certain commercial sales-based financing transactions, the effect of certain commercial sales-based financing contract provisions, and the registration of commercial sales-based financing brokers and providers; authorizing a fee and providing a civil penalty."
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jurisdiction: "us/states/tx"
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legislature: "Texas Legislature"
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session: "89R"
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identifier: "HB 700"
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citation: "Texas HB 700 (89R)"
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classification: ["bill"]
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subjects: ["BANKING", "TEXAS DEPARTMENT OF (V8741)", "Business & Commerce--General (I0050)", "CONSUMER CREDIT COMMISSIONER", "OFFICE OF (V0242)", "Civil Remedies & Liabilities (I0065)", "FINANCE COMMISSION OF TEXAS (V0133)", "Financial--General (I0365)", "MORTGAGE BROKERS & BANKERS (S0098)"]
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status: "enacted"
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primary_sponsors: ["McQueeney", "Perry"]
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version_count: 5
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action_count: 67
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vote_count: 5
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first_action: "2025-03-14"
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last_action: "2025-06-20"
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source: "openstates"
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source_identifier: "ocd-bill/db1a37d2-3848-4524-8253-301bbf405fab"
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source_url: "ftp://ftp.legis.state.tx.us/bills/89R/billhistory/house_bills/HB00700_HB00799/HB 700.xml"
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source_hash: "4cc842888f3503ef196a9ff4836f4415f072a5c5fda4acb91b284682484268b7"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-tx"]
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---
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# Texas HB 700 (89R) — Relating to disclosures for certain commercial sales-based financing transactions, the effect of certain commercial sales-based financing contract provisions, and the registration of commercial sales-based financing brokers and providers; authorizing a fee and providing a civil penalty.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/HB00700I.HTM)
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2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/HB00700E.HTM)
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3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/HB00700H.HTM)
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4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/HB00700S.HTM)
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5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/HB00700F.HTM)
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## Votes
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- Senate Rule 7.18 and the Constitutional Rule requiring bills to be read on three several days be suspended and that HB 700 be placed on its third reading and final passage. — **31–0** (pass) · upper
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- passage — **98–23** (pass) · lower
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- passage — **98–23** (pass) · upper
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- passage — **116–28** (pass) · lower
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- passage — **96–30** (pass) · lower
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## Sponsors
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- McQueeney — primary (person)
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- Perry — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-03-14** Filed `filing`
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- **2025-03-14** Read first time `introduction, reading-1`
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- **2025-03-14** Referred to Pensions, Investments & Financial Services `referral-committee`
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- **2025-04-14** Considered in public hearing
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- **2025-04-14** Testimony taken/registration(s) recorded in committee
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- **2025-04-14** Left pending in committee
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- **2025-04-24** Considered in formal meeting
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- **2025-04-24** Committee substitute considered in committee `substitution`
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- **2025-04-24** Reported favorably as substituted `committee-passage-favorable`
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- **2025-05-06** Considered in formal meeting
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- **2025-05-06** Vote reconsidered in committee
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- **2025-05-06** Reported favorably w/o amendment(s) `committee-passage, committee-passage-favorable`
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- **2025-05-06** Comte report filed with Committee Coordinator `filing`
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- **2025-05-06** Committee report distributed
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- **2025-05-07** Committee report sent to Calendars
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- **2025-05-07** Considered in Calendars
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- **2025-05-09** Placed on General State Calendar
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- **2025-05-10** Read 2nd time `reading-2`
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- **2025-05-10** Amendment(s) offered `amendment-introduction`
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- **2025-05-10** Amendment amended `amendment-amendment`
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- **2025-05-10** Record vote
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- **2025-05-10** Amendment adopted as amended `amendment-passage`
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- **2025-05-10** Record vote
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- **2025-05-10** Passed to engrossment as amended `amendment-passage`
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- **2025-05-10** Record vote
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- **2025-05-10** Statement(s) of vote recorded in Journal
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- **2025-05-12** Read 3rd time `reading-3`
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- **2025-05-12** Passed `passage`
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- **2025-05-12** Record vote
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- **2025-05-12** Statement(s) of vote recorded in Journal
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- **2025-05-12** Reported engrossed
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- **2025-05-12** Received from the House `introduction`
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- **2025-05-13** Read first time `introduction, reading-1`
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- **2025-05-13** Referred to Business & Commerce `referral-committee`
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- **2025-05-22** Considered in public hearing
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- **2025-05-22** Vote taken in committee
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- **2025-05-22** Reported favorably w/o amendments `committee-passage-favorable`
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- **2025-05-22** Recommended for local & uncontested calendar
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- **2025-05-22** Committee report printed and distributed
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- **2025-05-25** Placed on intent calendar
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- **2025-05-26** Rules suspended-Regular order of business
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- **2025-05-26** Read 2nd time `reading-2`
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- **2025-05-26** Amendment(s) offered `amendment-introduction`
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- **2025-05-26** Amended `amendment-passage`
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- **2025-05-26** Vote recorded in Journal
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- **2025-05-26** Passed to 3rd reading as amended `amendment-passage`
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- **2025-05-26** Vote recorded in Journal
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- **2025-05-26** Three day rule suspended
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- **2025-05-26** Record vote
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- **2025-05-26** Read 3rd time `reading-3`
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- **2025-05-26** Passed `passage`
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- **2025-05-26** Record vote
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- **2025-05-26** Senate passage as amended reported `amendment-passage`
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- **2025-05-27** Senate Amendments distributed
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- **2025-05-27** Senate Amendments Analysis distributed
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- **2025-05-28** Point of order withdrawn `withdrawal`
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- **2025-05-28** House concurs in Senate amendment(s)
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- **2025-05-28** Record vote
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- **2025-05-28** Statement(s) of vote recorded in Journal
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- **2025-05-28** Text of Senate Amendment(s)
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- **2025-05-28** House concurs in Senate amendment(s)-reported
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- **2025-05-29** Reported enrolled `enrolled`
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- **2025-05-30** Signed in the House `passage`
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- **2025-05-31** Signed in the Senate `passage`
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- **2025-05-31** Sent to the Governor `executive-receipt`
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- **2025-06-20** Signed by the Governor `executive-signature`
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- **2025-06-20** Effective on 9/1/25 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/db1a37d2-3848-4524-8253-301bbf405fab`. Confidence: reported (aggregated from official Texas legislature records).
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