Texas HB4853 establishes rules for electronic terminals, including reporting and investigating skimmers.

HB4853 amends the Texas Business & Commerce Code to create Chapter 607A, addressing payment card skimmers on electronic terminals. The financial crimes intelligence center can accept reports of suspected skimmers from various entities and conduct investigations. Merchants must disable terminals with skimmers and notify authorities. The bill also outlines criminal offenses for disposing of skimmers and refusing inspections, with penalties up to $5,000 per day. The act takes effect immediately if approved by two-thirds of the legislature, otherwise on September 1, 2025.

Texas HB4853 establishes rules for electronic terminals, including reporting and investigating skimmers.

HB4853 amends the Texas Business & Commerce Code to create Chapter 607A, addressing payment card skimmers on electronic terminals. The financial crimes intelligence center can accept reports of suspected skimmers from various entities and conduct investigations. Merchants must disable terminals with skimmers and notify authorities. The bill also outlines criminal offenses for disposing of skimmers and refusing inspections, with penalties up to $5,000 per day. The act takes effect immediately if approved by two-thirds of the legislature, otherwise on September 1, 2025.