HB 1539

84(R) - 2015
House General Investigating & Ethics
House General Investigating & Ethics
General Investigating & Ethics

Vote Recommendation

  • Neutral
  • Neutral
  • Neutral
  • Positive
  • Neutral


Morgan Meyer

Bill Caption

Relating to increasing the criminal penalties in certain circumstances for insider trading and other misuse of official information by public servants.

Fiscal Notes

No significant fiscal implication to the State is anticipated. 

Bill Analysis

This legislation would enhance the punishment for misuse of official information by a public servant within the Penal Code. Under this bill, misuse of official information would be punishable at different felony levels based on the specifics of the offense. 

Vote Recommendation Notes

This bill creates a stricter understanding of the punishments for insider trading offenses by a government official. The provisions of the bill seem to already be in effect in administrative law. HB 1539 codifies it into statute, which would support our principle of limited government.