Texas · 89th Legislature (2025) · Bill

HB 700: 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.

Enacted Last action June 20, 2025: Effective on 9/1/25

Plain-language summary

HB 700 is a bill introduced in the Texas House on March 14, 2025. According to its official title, it concerns: 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. Primary sponsor: John McQueeney (Republican), Charles Perry (Republican). Most recent recorded action (June 20, 2025): Effective on 9/1/25.

Sponsors

Primary sponsors: John McQueeney (Republican); Charles Perry (Republican).