H.B. No. 1523
AN ACT
relating to the offense of money laundering.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 34.01(2), Penal Code, is amended to read
as follows:
(2) "Funds" includes:
(A) coin or paper money of the United States or
any other country that is designated as legal tender and that
circulates and is customarily used and accepted as a medium of
exchange in the country of issue;
(B) United States silver certificates, United
States Treasury notes, and Federal Reserve System notes;
(C) an official foreign bank note that is
customarily used and accepted as a medium of exchange in a foreign
country and a foreign bank draft; and
(D) currency or its equivalent, including an
electronic fund, a personal check, a bank check, a traveler's
check, a money order, a bearer negotiable instrument, a bearer
investment security, a bearer security, a [or] certificate of stock
in a form that allows title to pass on delivery, or a stored value
card as defined by Section 604.001, Business & Commerce Code.
SECTION 2. The change in law made by this Act applies only
to an offense committed on or after the effective date of this Act.
An offense committed before the effective date of this Act is
governed by the law in effect on the date the offense was committed,
and the former law is continued in effect for that purpose. For
purposes of this section, an offense was committed before the
effective date of this Act if any element of the offense occurred
before that date.
SECTION 3. This Act takes effect September 1, 2013.
______________________________ ______________________________
President of the Senate Speaker of the House
I certify that H.B. No. 1523 was passed by the House on May 8,
2013, by the following vote: Yeas 147, Nays 0, 2 present, not
voting.
______________________________
Chief Clerk of the House
I certify that H.B. No. 1523 was passed by the Senate on May
22, 2013, by the following vote: Yeas 31, Nays 0.
______________________________
Secretary of the Senate
APPROVED: _____________________
Date
_____________________
Governor