Texas · 89th Legislature (2025) · Bill

HB 4518: Relating to the formation of decentralized unincorporated nonprofit associations and the use of distributed ledger or blockchain technology for certain business purposes; authorizing fees.

Passed one chamber Last action May 23, 2025: Left pending in committee

Plain-language summary

HB 4518 is a bill introduced in the Texas House on March 12, 2025. According to its official title, it concerns: Relating to the formation of decentralized unincorporated nonprofit associations and the use of distributed ledger or blockchain technology for certain business purposes; authorizing fees. Primary sponsor: Cook, Tan Parker (Republican). Most recent recorded action (May 23, 2025): Left pending in committee.

Sponsors

Primary sponsors: Cook; Tan Parker (Republican).