Video & Transcript DataContr Research : 'enrollment changes'
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TX
Texas 2025 - 89th Regular
Pensions, Investments & Financial Services Mar 17th, 2025 at 10:00 am
House Pensions, Investments & Financial Services Committee
Transcript Highlights:
- This change is a vital enhancement to our state's ability to combat financial crime.
Keywords:
financial crime, card fraud, motor fuel theft, law enforcement, criminal activity, skimmers, prevention, training, credit card fraud, debit card fraud, prosecution, illegal possession, state law, transportation protection agreement, funeral services, insurance exemption, regulation, deceased transportation, mental health, substance use disorders
Summary:
The meeting of the Committee on Pensions, Investments, and Financial Services convened to discuss various bills aimed at enhancing financial governance and protections in Texas. Notably, Representative Perez laid out House Bill 201, which proposes expanding the scope of the Financial Crimes Intelligence Center to combat organized financial crimes, such as motor fuel theft. This bill garnered significant support from witnesses, including Captain Jeff Headley from the Financial Crimes Intelligence Center, who highlighted the urgent need for legislative measures to address increasing thefts that impact both consumers and state revenue. Subsequently, testimony from several members elucidated the impact of these crimes, emphasizing their detrimental effects on Texas' economic stability. The committee members expressed their interest in the advancements in tackling such issues through the proposed legislation.