Monitoring the Session

HB 1054

Dorazio Bullion Debit Card Bill Orders A Report, Then Expires

Died in committee

Verdict: Smells

SmellsInitial review
Rep. Mark DorazioRHouse 122
Why it's charged
Study, task force, commission, report

THE TEXT

“Not later than May 31, 2026, the attorney general shall submit to the governor, the comptroller, and the speaker of the house of representatives a written report”…

Bill text, introduced version (I)

The bill orders only a study and a report. Any real bullion debit card program waits for a later legislature to act on it.

Study, task force, commission, report

Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade

Caption

relating to a study by the attorney general on the feasibility of linking debit card transactions to bullion in the Texas Bullion Depository.

Caption from analyzed text · version I.

Summary

A written report due May 31, 2026. The law expires the next day!

The bill orders the attorney general to study whether Texans could use debit cards for purchases backed by gold and other bullion held in the Texas Bullion Depository. It touches the attorney general's office, which must look at state and local tax questions, how to shield users from federal taxation of bullion as currency, and other legal issues, and must take public input. Nothing changes on the ground beyond a written report due by May 31, 2026, and the law expires June 1, 2026.

Labels

Labels: ZOMBIE BILL. Died 2 times: 88R HB 4306 (Did not pass) and this bill (Died in committee). Checked against 88R only.BACK FROM THE DEAD. Same text as a bill filed before that died: 88R HB 4306 (Did not pass). Filed in 2 sessions, counting this one. Checked against 88R only.TRY NO. 2. Filed in 2 sessions: 88R and 89R. Checked against 88R only.NEVER GOT A HEARING. Filed Nov 12, 2024 and referred to the House Pensions, Investments & Financial Services committee. No public hearing. The bill died.

Receipt

The receipt

89R-HB1054 · 2024-11-12

SOLD BY

ITEM

relating to a study by the attorney general on the feasibility of linking debit card transactions to bullion in the Texas Bullion Depository.

WHAT IT DOES

A written report due May 31, 2026. The law expires the next day!

The bill orders the attorney general to study whether Texans could use debit cards for purchases backed by gold and other bullion held in the Texas Bullion Depository. It touches the attorney general's office, which must look at state and local tax questions, how to shield users from federal taxation of bullion as currency, and other legal issues, and must take public input. Nothing changes on the ground beyond a written report due by May 31, 2026, and the law expires June 1, 2026.

CHARGES

[x] STUDY, TASK FORCE, COMMISSION, REPORTanalysis confidence 60%

THE TEXT

“Not later than May 31, 2026, the attorney general shall submit to the governor, the comptroller, and the speaker of the house of representatives a written report”…

Bill text, introduced version (I)

The bill orders only a study and a report. Any real bullion debit card program waits for a later legislature to act on it.

TOTAL

No fiscal note in the loaded record.

HISTORY

  1. Filed
  2. Read first time
  3. Referred to Pensions, Investments & Financial Services
FILED UNDER

No verified beat found.

Smells

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

CAMPAIGN PAID FOR BY

Donors

Not tied to this bill.

Sources

The author's campaign account only. Own money and internal transfers are separate on the member page.

Derived itemized flow · Oct 28, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Texas Conservative Majority PAC$381,050.00

Texas Conservative Majority PAC

$381,050.00

Cash
$100,000.00
Paid by others
$281,050.00
Total
$381,050.00
canvassing $239,000.00advertising $25,000.00polling $17,050.00

Also funds 42 other sitting lawmakers.

Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Aug 14, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101069938, 101072345.

Texans for Truth and Liberty PAC$211,000.00

Texans for Truth and Liberty PAC

$211,000.00

Cash
$205,000.00
Paid by others
$6,000.00
Total
$211,000.00
polling $6,000.00

Also funds 44 other sitting lawmakers.

Derived recipient stock · Jun 24, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Jun 25, 2025 to Oct 6, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101007777, 101036063, 101041570, 101069938, 101072345.

Texas Trial Lawyers Association PAC$160,036.00

Texas Trial Lawyers Association PAC

$160,036.00

Cash
$125,000.00
Paid by others
$35,036.00
Total
$160,036.00
mail $35,036.00

Also funds 137 other sitting lawmakers.

Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Jun 27, 2025 to Sep 24, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101007777, 101036063, 101041570, 101061158, 101069938.

Money

Missing data does not establish zero giving. Display amounts are rounded.

×

Texas Conservative Majority PAC

$381,050.00

Cash
$100,000.00
Paid by others
$281,050.00
Total
$381,050.00
canvassing $239,000.00advertising $25,000.00polling $17,050.00

Also funds 42 other sitting lawmakers.

Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Aug 14, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101069938, 101072345.

×

Texans for Truth and Liberty PAC

$211,000.00

Cash
$205,000.00
Paid by others
$6,000.00
Total
$211,000.00
polling $6,000.00

Also funds 44 other sitting lawmakers.

Derived recipient stock · Jun 24, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Jun 25, 2025 to Oct 6, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101007777, 101036063, 101041570, 101069938, 101072345.

×

Texas Trial Lawyers Association PAC

$160,036.00

Cash
$125,000.00
Paid by others
$35,036.00
Total
$160,036.00
mail $35,036.00

Also funds 137 other sitting lawmakers.

Derived recipient stock · Jul 24, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Jun 27, 2025 to Sep 24, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101007777, 101036063, 101041570, 101061158, 101069938.

Votes

No floor vote loaded for this bill.

Fiscal

No fiscal note in the loaded record.

How this was graded

Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.

FILED BEFORE

Filed 2 times: 88R and 89R. Checked against 88R only.

88R HB 4306

by Rep. Dorazio, same lead author · Did not pass · same text

Introduced text

Last action, May 15, 2023: Received from the House

Relating to a study by the attorney general on the feasibility of linking debit card transactions to bullion in the Texas Bullion Depository.

Caption, 88R bill history

Sources

Texas House · Filed Nov 12, 2024

03/07/2025 H Referred to Pensions, Investments & Financial Services: Mar 7 2025 2:33PM

Texas Legislature Online · Introduced

Data snapshot Oct 26, 2026 at 4:19 AM CDT. Grades, charges, quotes and corrections follow the published record.

House committee · Pensions, Investments & Financial Services · Final status: Died in committee

Subjects

Financial--General

Interim Studies

CREDIT & DEBIT CARDS

ATTORNEY GENERAL

TEXAS BULLION DEPOSITORY, OFFICE OF THE COMPTROLLER

Text

The text as introduced · 314 words

89R1075 MLH-D

By: Dorazio
H.B. No. 1054

A BILL TO BE ENTITLED

AN ACT

relating to a study by the attorney general on the feasibility of

linking debit card transactions to bullion in the Texas Bullion

Depository.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. DEFINITIONS. In this Act:

(1) "Bullion" has the meaning assigned by Section

2116.001, Government Code.

(2) "Depository" means the Texas Bullion Depository

established under Chapter 2116, Government Code.

SECTION 2. STUDY. (a) The attorney general shall conduct a

study on the feasibility of a program that provides for debit cards

to be able to be used in transactions linked to and accounted for by

bullion in the depository.

(b) In conducting the study, the attorney general shall

examine:

(1) whether certain state and local taxes would apply

to transactions made through the program;

(2) how the state might protect participants in the

program from federal attempts to tax the bullion as currency; and

(3) any other legal considerations.

(c) The attorney general shall solicit and accept input from

the public in conducting the study.

(d) The attorney general may collaborate with the

appropriate standing committees of the house of representatives and

the senate in conducting the study.

SECTION 3. REPORT. Not later than May 31, 2026, the

attorney general shall submit to the governor, the comptroller, and

the speaker of the house of representatives a written report on the

study required under this Act that includes any legislative

recommendations based on the study.

SECTION 4. EXPIRATION. This Act expires June 1, 2026.

SECTION 5. EFFECTIVE DATE. This Act takes effect

immediately if it receives a vote of two-thirds of all the members

elected to each house, as provided by Section 39, Article III, Texas

Constitution. If this Act does not receive the vote necessary for

immediate effect, this Act takes effect September 1, 2025.