Establishes the Financial Crimes Intelligence Center to combat payment fraud.
The bill establishes the Financial Crimes Intelligence Center within the Texas Department of Licensing and Regulation. The center aims to serve as the state's primary entity for coordinating law enforcement and governmental agencies in responding to payment fraud, including through the use of skimmers. The center can collaborate with federal, state, and local agencies, collect information on payment fraud, provide training to law enforcement, and release non-sensitive information to affected entities.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.