Texas HB2001 increases criminal penalties for insider trading and misuse of official information based on net pecuniary gain.

Texas HB2001 amends the state's Penal Code to increase criminal penalties for insider trading and misuse of official information. The bill specifies that if the misuse results in a net pecuniary gain, the offense is classified as a felony of the third degree if the gain is less than $150,000, a felony of the second degree if the gain is $150,000 or more but less than $300,000, and a felony of the first degree if the gain is $300,000 or more. The changes apply to offenses committed after the bill's effective date of September 1, 2025.

Texas HB2001 increases criminal penalties for insider trading and misuse of official information based on net pecuniary gain.

Texas HB2001 amends the state's Penal Code to increase criminal penalties for insider trading and misuse of official information. The bill specifies that if the misuse results in a net pecuniary gain, the offense is classified as a felony of the third degree if the gain is less than $150,000, a felony of the second degree if the gain is $150,000 or more but less than $300,000, and a felony of the first degree if the gain is $300,000 or more. The changes apply to offenses committed after the bill's effective date of September 1, 2025.