Monitoring the Session

HB 2367

bill barring local governments from owning a public bank

Died in committee

Verdict: No flags

No flagsInitial review
Rep. Ellen TroxclairRHouse 19

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 prohibition on the establishment, operation, or ownership of a public bank by a political subdivision.

Caption from analyzed text · version I.

Summary

No city, county or district may start, run or own one.

The bill bars every Texas city, county, district and other political subdivision from starting, running or owning a bank. It touches local governments that might want to create a public bank, and it overrides any other law that might allow one. Starting September 1, 2025, no political subdivision can set up or own an entity organized to do banking as the Finance Code defines it.

Labels

Labels: QUICK READ: 109 WORDS. The bill as filed runs 109 words, counting the existing law it amends and the text it strikes. The median 89R bill as filed runs 441 words (derived, 8,702 graded bills, snapshot Oct 19, 2026).NEVER GOT A HEARING. Filed Feb 3, 2025 and referred to the House Pensions, Investments & Financial Services committee. No public hearing. The bill died.

Receipt

The receipt

89R-HB2367 · 2025-02-03

SOLD BY

Rep. Ellen TroxclairRHouse 19

ITEM

relating to a prohibition on the establishment, operation, or ownership of a public bank by a political subdivision.

WHAT IT DOES

No city, county or district may start, run or own one.

The bill bars every Texas city, county, district and other political subdivision from starting, running or owning a bank. It touches local governments that might want to create a public bank, and it overrides any other law that might allow one. Starting September 1, 2025, no political subdivision can set up or own an entity organized to do banking as the Finance Code defines it.

CHARGES

[ ] NONE FOUND

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.

No flags

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

CAMPAIGN PAID FOR BY

Ellen Troxclair

Donors

Texans for Lawsuit Reform PAC$100KTexans for Lawsuit Reform PC$10KTexas REALTORS Political Action Committee$5K

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 21, 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.

Texans for Lawsuit Reform PAC$100,000.00

Texans for Lawsuit Reform PAC

$100,000.00

Cash
$100,000.00
Paid by others
$0.00
Total
$100,000.00

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Jul 14, 2025 to Feb 3, 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: 101031227, 101040659.

Texans for Lawsuit Reform PC$10,000.00

Texans for Lawsuit Reform PC

$10,000.00

Cash
$10,000.00
Paid by others
$0.00
Total
$10,000.00

Also funds 0 other sitting lawmakers.

Derived recipient stock · on Oct 2, 2026. State data as of Nov 4, 2026.

Name match, not a verified identity: normalized filed name and state.

Sources

Derived itemized flow · on Oct 2, 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: 101072162.

Texas REALTORS Political Action Committee$5,083.34

Texas REALTORS Political Action Committee

$5,083.34

Cash
$5,000.00
Paid by others
$83.34
Total
$5,083.34
advertising $83.34

Also funds 140 other sitting lawmakers.

Derived recipient stock · Jul 2, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Dec 12, 2024 to Sep 25, 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: 100982032, 101031227, 101072162.

Money

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

×

Texans for Lawsuit Reform PAC

$100,000.00

Cash
$100,000.00
Paid by others
$0.00
Total
$100,000.00

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Jul 14, 2025 to Feb 3, 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: 101031227, 101040659.

×

Texans for Lawsuit Reform PC

$10,000.00

Cash
$10,000.00
Paid by others
$0.00
Total
$10,000.00

Also funds 0 other sitting lawmakers.

Derived recipient stock · on Oct 2, 2026. State data as of Nov 4, 2026.

Name match, not a verified identity: normalized filed name and state.

Sources

Derived itemized flow · on Oct 2, 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: 101072162.

×

Texas REALTORS Political Action Committee

$5,083.34

Cash
$5,000.00
Paid by others
$83.34
Total
$5,083.34
advertising $83.34

Also funds 140 other sitting lawmakers.

Derived recipient stock · Jul 2, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.

TEC account match.

Team
Sources

Derived itemized flow · Dec 12, 2024 to Sep 25, 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: 100982032, 101031227, 101072162.

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 Feb 3, 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

Companion

SB 621 by Sparks (identical)

Subjects

City Government--General

County Government--General

Financial--Banks

Political Subdivisions

Text

The text as introduced · 109 words

89R4477 DRS-D

By: Troxclair
H.B. No. 2367

A BILL TO BE ENTITLED

AN ACT

relating to a prohibition on the establishment, operation, or

ownership of a public bank by a political subdivision.

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

SECTION 1. Chapter 140, Local Government Code, is amended

by adding Section 140.014 to read as follows:

Sec. 140.014. PROHIBITION ON PUBLIC BANK. Notwithstanding

any other law, a political subdivision may not establish, operate,

or own an organization or entity that is organized for the purpose

of engaging in banking as defined by Section 31.002, Finance Code.

SECTION 2. This Act takes effect September 1, 2025.