Texas HB4865 mandates annual reports on corrupt foreign actors and sanctions against them.

Texas HB4865 requires the secretary of state to annually report on foreign actors involved in significant corruption or actions undermining Texas' security. The report includes those engaged in bribery, money laundering, and other corrupt activities. The bill mandates sanctions, such as prohibiting contracts with state agencies and expelling students from higher education institutions. It also allows for the revocation of business registrations for entities affiliated with identified actors. The act takes effect September 1, 2025.

Texas HB4865 mandates annual reports on corrupt foreign actors and sanctions against them.

Texas HB4865 requires the secretary of state to annually report on foreign actors involved in significant corruption or actions undermining Texas' security. The report includes those engaged in bribery, money laundering, and other corrupt activities. The bill mandates sanctions, such as prohibiting contracts with state agencies and expelling students from higher education institutions. It also allows for the revocation of business registrations for entities affiliated with identified actors. The act takes effect September 1, 2025.