HB 1744
bill on securities claims against control persons and helpers
Died in committee
Verdict: No flags
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 the personal liability of control persons and material aiders under the Texas Securities Act; excluding claims from proportionate responsibility under Chapter 33 of the Texas Civil Practice and Remedies Code.
Caption from analyzed text · version I.
Summary
Those claims leave proportionate responsibility. No splitting damages by fault share.
The bill takes claims against people who control a securities seller, or who materially help one, under the Texas Securities Act out of the state's proportionate responsibility law. Proportionate responsibility normally splits damages among defendants by their share of fault, so this touches executives, controlling owners and helpers sued by investors under Section 4008.055 of the Government Code. Investors bringing those claims would no longer have a defendant's payment cut by fault percentages under Chapter 33, starting September 1, 2025.
Labels
Labels: NEVER GOT A HEARING. Filed Jan 6, 2025 and referred to the House Pensions, Investments & Financial Services committee. No public hearing. The bill died.
Receipt
The receipt
89R-HB1744 · 2025-01-06
SOLD BY
+ 5 coauthors
ITEM
relating to the personal liability of control persons and material aiders under the Texas Securities Act; excluding claims from proportionate responsibility under Chapter 33 of the Texas Civil Practice and Remedies Code.
WHAT IT DOES
Those claims leave proportionate responsibility. No splitting damages by fault share.
The bill takes claims against people who control a securities seller, or who materially help one, under the Texas Securities Act out of the state's proportionate responsibility law. Proportionate responsibility normally splits damages among defendants by their share of fault, so this touches executives, controlling owners and helpers sued by investors under Section 4008.055 of the Government Code. Investors bringing those claims would no longer have a defendant's payment cut by fault percentages under Chapter 33, starting September 1, 2025.
CHARGES
[ ] NONE FOUND
TOTAL
No fiscal note in the loaded record.
HISTORY
- Filed
- Read first time
- Referred to Pensions, Investments & Financial Services
FILED UNDER
No verified beat found.
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 29, 2024 to Oct 22, 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 Trial Lawyers Association PAC$169,500.00
Texas Trial Lawyers Association PAC
$169,500.00
- Cash
- $157,500.00
- Paid by others
- $12,000.00
- Total
- $169,500.00
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.
TeamSources
Derived itemized flow · Dec 7, 2024 to Oct 14, 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: 100983892, 101006301, 101028846, 101058046, 101067892, 101071829.
Texans for Truth and Liberty PAC$110,000.00
Texans for Truth and Liberty PAC
$110,000.00
- Cash
- $110,000.00
- Paid by others
- $0.00
- Total
- $110,000.00
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.
TeamSources
Derived itemized flow · Jun 30, 2025 to Oct 5, 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: 101006301, 101071829.
HillCo PAC$80,000.00
HillCo PAC
$80,000.00
- Cash
- $80,000.00
- Paid by others
- $0.00
- Total
- $80,000.00
Also funds 131 other sitting lawmakers.
Derived recipient stock · Jul 8, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 4, 2025 to Oct 13, 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: 101028846, 101067892, 101071829.
Missing data does not establish zero giving. Display amounts are rounded.
Texas Trial Lawyers Association PAC
$169,500.00
- Cash
- $157,500.00
- Paid by others
- $12,000.00
- Total
- $169,500.00
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.
TeamSources
Derived itemized flow · Dec 7, 2024 to Oct 14, 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: 100983892, 101006301, 101028846, 101058046, 101067892, 101071829.
Texans for Truth and Liberty PAC
$110,000.00
- Cash
- $110,000.00
- Paid by others
- $0.00
- Total
- $110,000.00
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.
TeamSources
Derived itemized flow · Jun 30, 2025 to Oct 5, 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: 101006301, 101071829.
HillCo PAC
$80,000.00
- Cash
- $80,000.00
- Paid by others
- $0.00
- Total
- $80,000.00
Also funds 131 other sitting lawmakers.
Derived recipient stock · Jul 8, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
TEC account match.
TeamSources
Derived itemized flow · Dec 4, 2025 to Oct 13, 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: 101028846, 101067892, 101071829.
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.
Sources
Texas House · Filed Jan 6, 2025
03/14/2025 H Referred to Pensions, Investments & Financial Services: Mar 14 2025 2:36PM
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
House committee · Pensions, Investments & Financial Services · Final status: Died in committee
Subjects
Civil Remedies & Liabilities
Financial--General
Text
The text as introduced · 181 words
By: Little H.B. No. 1744 A BILL TO BE ENTITLED AN ACT relating to the personal liability of control persons and material aiders under the Texas Securities Act; excluding claims from proportionate responsibility under Chapter 33 of the Texas Civil Practice and Remedies Code. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 33.002, Civil Practice and Remedies Code, is amended by adding subsection (c)(4) to read as follows: (c) This chapter does not apply to: (1) an action to collect workers' compensation benefits under the workers' compensation laws of this state (Subtitle A, Title 5, Labor Code) or actions against an employer for exemplary damages arising out of the death of an employee; (2) a claim for exemplary damages including in an action to which this chapter otherwise applies; or (3) a cause of action for damages arising from the manufacture of methamphetamine as described by Chapter 99 (4) a claim for controlling person or aider liability under Section 4008.055 of the Texas Government Code . SECTION 2. This Act takes effect September 1, 2025.