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Orrick, Herrington & Sutcliffe LLP

Texas expands its banking commissioner’s powers into money services

Orrick, Herrington & Sutcliffe LLP on

On June 20, the governor of Texas signed into law HB 3805, expanding the Texas Department of Banking’s (TDB) enforcement powers over money services businesses. As stated in the state’s bill analysis, the TDB previously had...more

K&L Gates LLP

Update—Senate Bill 6: A Texas Bill Impacting Large Load Development in ERCOT

K&L Gates LLP on

As previously reported, Senator Phil King and Senator Charles Schwertner introduced Texas Senate Bill 6 (SB6) in February 2025. After various amendments and updates, the bill has passed the Texas House and Senate and is now...more

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