Relating to the creation of the offense of unauthorized acquisition or transfer of certain financial information.
Impact
This bill has significant implications on state laws related to financial crimes and identity theft. By instituting penalties for unauthorized access to financial information, it aims to protect individuals from potential fraud and economic damage. Furthermore, the bill formalizes the duty of law enforcement to report violations, emphasizing the importance of tracking and addressing such infractions. The incorporation of these specific offenses into the Penal Code enhances the legal framework around financial security in Texas, promoting a safer environment for personal financial transactions.
Summary
House Bill 1215 focuses on the creation of the offense of unauthorized acquisition or transfer of certain financial information in the state of Texas. This legislation amends the Penal Code by adding Section 31.17, which defines the unauthorized access to and transfer of financial sight order or payment card information. The bill outlines specific actions that constitute an offense, including obtaining financial information through electronic means or transferring said information without entitlement. The offenses are categorized as either Class B or Class A misdemeanors depending on the severity of the act committed.
Contention
During discussions surrounding HB1215, there were concerns regarding the scope of the definitions provided within the bill and the balance between privacy and security. Some stakeholders argued that the bill could potentially lead to overreach in prosecuting individuals for minor infractions. Additionally, the dual classification of misdemeanors—Class A and Class B—raised discussions about the appropriate level of punishment for varying degrees of financial information breaches. The balance between consumer protection and the implications for law enforcement practices was a focal point during the legislative process.
Relating to offenses involving the manufacture or delivery of certain controlled substances and the enforcement and prevention of those offenses; creating a criminal offense.
Relating to the regulation of money services businesses; creating a criminal offense; creating administrative penalties; authorizing the imposition of a fee.
Relating to regulating certain firearm transfers, possession of certain firearms, and protective orders prohibiting possession of a firearm; creating criminal offenses; increasing criminal penalties.
Relating to regulating certain firearm transfers, possession of certain firearms, and protective orders prohibiting possession of a firearm; creating criminal offenses; increasing criminal penalties.
Relating to regulating certain firearm transfers, possession of certain firearms, and protective orders prohibiting possession of a firearm; creating criminal offenses; increasing criminal penalties.