Texas · 89th Legislature (2025) · Bill

SB 2922: Relating to the issuance and regulation of an oil-backed stablecoin; authorizing a fee; authorizing an administrative penalty.

In committee Last action April 7, 2025: Referred to Business & Commerce

Plain-language summary

SB 2922 is a bill introduced in the Texas Senate on March 14, 2025. According to its official title, it concerns: Relating to the issuance and regulation of an oil-backed stablecoin; authorizing a fee; authorizing an administrative penalty. Primary sponsor: Tan Parker (Republican). Most recent recorded action (April 7, 2025): Referred to Business & Commerce.

Sponsors

Primary sponsor: Tan Parker (Republican).