Relating to the regulation of certain transactions and activities involving the provision of veterinary services; authorizing civil penalties; creating criminal offenses.
Impact
If enacted, SB2130 will impose significant regulations on how private equity companies interact with veterinary service providers. The attorney general will have the authority to scrutinize transactions that may lessen competition or create monopolies in the veterinary services market. It mandates that private equity companies must notify the attorney general of proposed transactions and prohibits agreements that facilitate undue control over veterinary practices. This legislation represents a shift toward more stringent oversight of the veterinary services market, emphasizing consumer protection and competitive practices.
Summary
SB2130 is a bill that aims to regulate transactions and activities involving veterinary services, particularly those associated with private equity companies. The legislation introduces a new chapter in the Business and Commerce Code, detailing definitions, provisions for the review process of veterinary service provider transactions, and establishing prohibitions against certain conduct that could harm competition within the veterinary services market. The bill empowers the attorney general to review and approve or deny proposed transactions based on their impact on public interest and competition.
Contention
Notable points of contention surrounding SB2130 focus on the balance between regulating private equity interests and enabling veterinary service providers to operate efficiently. Proponents argue that the bill protects local practitioners and consumer interests by preventing monopolistic behaviors that could arise from private equity acquisitions. In contrast, opponents might contend that such regulations could stifle business growth and limit investment opportunities in veterinary services. The bill aims to ensure that the accessibility and quality of veterinary care are not compromised by financial interests that prioritize profit over animal welfare.
Relating to the regulation of money services businesses; creating a criminal offense; creating administrative penalties; authorizing the imposition of a fee.
Relating to the authorization, licensing, and regulation of casino gaming and sports wagering in this state, to the creation, powers, and duties of the Texas Gaming Commission, to the support of the horse racing industry and reform of horse racing and greyhound racing, and to other provisions related to gambling; imposing and authorizing administrative and civil penalties; imposing taxes; imposing and authorizing fees; requiring occupational licenses; creating criminal offenses.
Relating to the regulation of sports wagering; requiring occupational permits; authorizing fees; imposing a tax; decriminalizing wagering on certain sports events; creating criminal offenses; providing administrative penalties.
Relating to the regulation of sports wagering; requiring occupational permits; authorizing fees; imposing a tax; decriminalizing wagering on certain sports events; creating criminal offenses; providing administrative penalties.
Relating to the regulation of certain health professionals and health facilities; providing civil and administrative penalties; creating a criminal offense.
Relating to defenses to prosecution of the criminal offenses of gambling, keeping a gambling place, and possession of a gambling device, equipment, or paraphernalia and county regulation of poker clubs; providing civil penalties; authorizing an occupational license; authorizing a fee; creating a criminal offense.
Animal health and public health; creating the Oklahoma State University Veterinary Medicine Authority Act; defining terms; expressing legislative findings. Emergency.
Animal health and public health; creating the Oklahoma State University Veterinary Medicine Authority Act; defining terms; expressing legislative findings. Emergency.