Monitoring the Session

HB 3806

bill tightens limits on trust companies under supervision

Became law, effective Sep 1, 2025

Verdict: No flags

No flagsInitial review
Rep. Stan LambertRHouse 71

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 prohibited activities of a state trust company under supervision.

Caption from analyzed text · version I.

Summary

More things need the commissioner’s or supervisor’s approval.

The bill tightens the list of things a Texas state trust company cannot do while it is under state supervision without approval from the banking commissioner or the supervisor. It reaches all dividends, not just cash ones, adds a ban on moving or changing executive officers and directors, and lets the banking commissioner block any other activity that threatens the company's safety and soundness. Trust companies in trouble with regulators get less room to act on their own starting September 1, 2025.

Labels

Labels: CROSS-PARTY HANDOFF. Lead author Stan Lambert (R) in the House. Lead sponsor Judith Zaffirini (D) in the Senate. Party as the Legislative Reference Library lists it for the 89th Legislature.

Receipt

The receipt

89R-HB3806 · 2025-03-05

SOLD BY

Rep. Stan LambertRHouse 71

ITEM

relating to prohibited activities of a state trust company under supervision.

WHAT IT DOES

More things need the commissioner’s or supervisor’s approval.

The bill tightens the list of things a Texas state trust company cannot do while it is under state supervision without approval from the banking commissioner or the supervisor. It reaches all dividends, not just cash ones, adds a ban on moving or changing executive officers and directors, and lets the banking commissioner block any other activity that threatens the company's safety and soundness. Trust companies in trouble with regulators get less room to act on their own starting September 1, 2025.

CHARGES

[ ] NONE FOUND

TOTAL

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version E · source

Sources

Fiscal note · version E · May 9, 2025

No first-year general revenue figure available here.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

HISTORY

  1. Filed
  2. Read first time
  3. Referred to Pensions, Investments & Financial Services
  4. Scheduled for public hearing on . . .
  5. Considered in public hearing
  6. Testimony taken/registration(s) recorded in committee
  7. Left pending in committee
  8. Considered in formal meeting
  9. Recommended to be sent to Local & Consent
  10. Reported favorably w/o amendment(s)
  11. Comte report filed with Committee Coordinator
  12. Committee report distributed
  13. Comm. report sent to Local & Consent Calendar
  14. Considered in Local & Consent Calendars
  15. Placed on Local, Consent, and Res. Calendar
  16. Withdrawn from calendar (contested)
  17. Returned to Local & Consent Calendars Comm.
  18. Considered in Local & Consent Calendars
  19. Transferred to Calendars Committee
  20. Committee report sent to Calendars
  21. Considered in Calendars
  22. Placed on General State Calendar
  23. Read 2nd time
  24. Passed to engrossment
  25. Record vote RV#915
  26. Read 3rd time
  27. Passed
  28. Record vote RV#1053
  29. Statement(s) of vote recorded in Journal
  30. Reported engrossed
  31. Received from the House
  32. Read first time
  33. Referred to Business & Commerce
  34. Scheduled for public hearing on . . .
  35. Considered in public hearing
  36. Left pending in committee
  37. Considered in public hearing
  38. Vote taken in committee
  39. Reported favorably w/o amendments
  40. Recommended for local & uncontested calendar
  41. Committee report printed and distributed
  42. Placed on local & uncontested calendar
  43. Laid before the Senate
  44. Read 2nd time & passed to 3rd reading
  45. Vote recorded in Journal
  46. Three day rule suspended
  47. Record vote
  48. Read 3rd time
  49. Passed
  50. Record vote
  51. Senate passage reported
  52. Reported enrolled
  53. Signed in the House
  54. Signed in the Senate
  55. Sent to the Governor
  56. Signed by the Governor
  57. Effective on 9/1/25
FILED UNDER

No verified beat found.

SIGNED FOR BY

House · 131 yea · 0 nay

Senate · 31 yea · 0 nay

Sources

House: Final passage · Apr 30, 2025. Journal. Published stock for this vote. Snapshot 2026-10-19, Central time.

Senate: Final passage · May 25, 2025. Journal. Published stock for this vote. Snapshot 2026-10-19, Central time.

All floor motions and other positions below.

No flags

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

CAMPAIGN PAID FOR BY

Stan Lambert

Donors

Douglas Robison$5,000Kurt Arnold$5,000Jason Itkin$5,000

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 · Nov 7, 2024 to Jun 23, 2025. 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.

Douglas Robison$5,000.00
Kurt Arnold$5,000.00
Jason Itkin$5,000.00
Money

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

Votes5

Senate May 25, 2025

Final passage

Yea
31
Nay
0
Present, not voting
Not printed
Absent
Not printed
Excused
Not printed
Names

Senate journal

Names were not printed. No individual positions are inferred.

The journal row lists three votes in order: passage to third reading, suspension of the three-day rule, and final passage. This entry records final passage. Repeated tallies belong to separate votes.

Sources

HB 3806 (Zaffirini) Relating to prohibited activities of a state trust company under supervision. (viva voce vote) (31-0) (31-0)

Published stock of positions for this vote, except where marked derived.

  • Yea: 31 (published)
  • Nay: 0 (published)
  • Present, not voting: Not printed
  • Absent: Not printed
  • Excused: Not printed

Senate journal. Source snapshot 2026-10-19, Central time.

Senate May 25, 2025

Suspension of the three-day rule

Yea
31
Nay
0
Present, not voting
Not printed
Absent
Not printed
Excused
Not printed
Names

Senate journal

Names were not printed. No individual positions are inferred.

The journal row lists three votes in order: passage to third reading, suspension of the three-day rule, and final passage. This entry records suspension of the three-day rule. Repeated tallies belong to separate votes.

Sources

HB 3806 (Zaffirini) Relating to prohibited activities of a state trust company under supervision. (viva voce vote) (31-0) (31-0)

Published stock of positions for this vote, except where marked derived.

  • Yea: 31 (published)
  • Nay: 0 (published)
  • Present, not voting: Not printed
  • Absent: Not printed
  • Excused: Not printed

Senate journal. Source snapshot 2026-10-19, Central time.

Senate May 25, 2025

Passage to third reading

Yea
Not printed
Nay
Not printed
Present, not voting
Not printed
Absent
Not printed
Excused
Not printed
Names

Senate journal

Names were not printed. No individual positions are inferred.

The journal row lists three votes in order: passage to third reading, suspension of the three-day rule, and final passage. This entry records passage to third reading. Repeated tallies belong to separate votes.

Voice vote. No numeric tally or individual yeas are inferred.

Sources

HB 3806 (Zaffirini) Relating to prohibited activities of a state trust company under supervision. (viva voce vote) (31-0) (31-0)

Published stock of positions for this vote, except where marked derived.

  • Yea: Not printed
  • Nay: Not printed
  • Present, not voting: Not printed
  • Absent: Not printed
  • Excused: Not printed

Senate journal. Source snapshot 2026-10-19, Central time.

House Apr 30, 2025

Yea
131
Nay
0
Present, not voting
3
Absent
4
Excused
12
Names

Named positions matched to lawmakers. See the journal for unmatched names.

House journal

Sources

Record 1053

HB 3806 was passed by (Record 1053): 131 Yeas, 0 Nays, 3 Present, not voting.

Published stock of positions for this vote, except where marked derived.

  • Yea: 131 (published)
  • Nay: 0 (published)
  • Present, not voting: 3 (published)
  • Absent: 4 (derived from named list)
  • Excused: 12 (derived from named list)

House journal. Source snapshot 2026-10-19, Central time.

House Apr 29, 2025

Yea
144
Nay
0
Present, not voting
2
Absent
4
Excused
0
Names

Named positions matched to lawmakers. See the journal for unmatched names.

House journal

Sources

Record 915

HB 3806 was passed to engrossment by (Record 915): 144 Yeas, 0 Nays, 2 Present, not voting.

Published stock of positions for this vote, except where marked derived.

  • Yea: 144 (published)
  • Nay: 0 (published)
  • Present, not voting: 2 (published)
  • Absent: 4 (derived from named list)
  • Excused: 0 (derived from named list)

House journal. Source snapshot 2026-10-19, Central time.

Witnesses3
For
1
Against
0
On
2
Names

For

  • Texas Bankers Association1 registration

On

  • Texas Department of Banking2 registrations
Sources

3 parsed registrations across the loaded witness lists.

Derived stock of witness registrations. Repeated appearances count separately. Organizations and self-representation appear as printed.

House witness list. Source snapshot 2026-10-20, Central time.

Senate witness list. Source snapshot 2026-10-20, Central time.

Fiscal

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version E · source

Sources

Fiscal note · version E · May 9, 2025

No first-year general revenue figure available here.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

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 Mar 5, 2025

06/20/2025 E Effective on 9/1/25

Texas Legislature Online · Introduced · House Committee Report · Engrossed · Senate Committee Report · Enrolled

Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.

Sponsors
Judith ZaffiriniDSenate 21

House committee · Pensions, Investments & Financial Services · Committee vote 8 aye, 0 nay, 1 absent · Out of committee

Senate committee · Business & Commerce · Committee vote 11 aye, 0 nay · Out of committee

Subjects

Financial--General

Property Interests--Trusts

BANKING COMMISSIONER OF TEXAS

Text

The text as introduced · 207 words

89R11043 BCH-F

By: Lambert
H.B. No. 3806

A BILL TO BE ENTITLED

AN ACT

relating to prohibited activities of a state trust company under

supervision.

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

SECTION 1. Section 185.106, Finance Code, is amended to

read as follows:

Sec. 185.106. DUTIES OF STATE TRUST COMPANY UNDER

SUPERVISION. During a period of supervision, a state trust

company, without the prior approval of the banking commissioner or

the supervisor or as otherwise permitted or restricted by the order

of supervision, may not:

(1) dispose of, sell, transfer, convey, or encumber

the state trust company's assets;

(2) lend or invest the state trust company's funds;

(3) incur a debt, obligation, or liability;

(4) pay a [ cash ] dividend to the state trust company's

shareholders or participants;

(5) solicit or accept any new client accounts; [ or ]

(6) remove an executive officer or director, change

the number of executive officers or directors, or have any other

change in the position of executive officer or director ; or

(7) engage in any other activity determined by the

banking commissioner to threaten the safety and soundness of the

state trust company .

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