Bill Text: TX SB207 | 2019-2020 | 86th Legislature | Enrolled
Bill Title: Relating to the offense of money laundering.
Sponsorship: Slight Partisan Bill (Republican 2-1)
Status: (Passed) 2019-06-14 - Effective on 9/1/19 [SB207 Detail]
Download: Texas-2019-SB207-Enrolled.html
| S.B. No. 207 | ||
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| relating to the offense of money laundering. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 34.01(2), Penal Code, is amended to read | ||
| as follows: | ||
| (2) "Funds" includes: | ||
| (A) coin or paper money of the United States or | ||
| any other country that is designated as legal tender and that | ||
| circulates and is customarily used and accepted as a medium of | ||
| exchange in the country of issue; | ||
| (B) United States silver certificates, United | ||
| States Treasury notes, and Federal Reserve System notes; | ||
| (C) an official foreign bank note that is | ||
| customarily used and accepted as a medium of exchange in a foreign | ||
| country and a foreign bank draft; and | ||
| (D) currency or its equivalent, including an | ||
| electronic fund, a personal check, a bank check, a traveler's | ||
| check, a money order, a bearer negotiable instrument, a bearer | ||
| investment security, a bearer security, a certificate of stock in a | ||
| form that allows title to pass on delivery, [ |
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| as defined by Section 604.001, Business & Commerce Code, or a | ||
| digital currency. | ||
| SECTION 2. The change in law made by this Act applies only | ||
| to an offense committed on or after the effective date of this Act. | ||
| An offense committed before the effective date of this Act is | ||
| governed by the law in effect on the date the offense was committed, | ||
| and the former law is continued in effect for that purpose. For | ||
| purposes of this section, an offense was committed before the | ||
| effective date of this Act if any element of the offense occurred | ||
| before that date. | ||
| SECTION 3. This Act takes effect September 1, 2019. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.B. No. 207 passed the Senate on | ||
| May 10, 2019, by the following vote: Yeas 31, Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.B. No. 207 passed the House on | ||
| May 22, 2019, by the following vote: Yeas 138, Nays 6, | ||
| two present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| Approved: | ||
| ______________________________ | ||
| Date | ||
| ______________________________ | ||
| Governor | ||
