HB 381: Office of Financial Regulation
GENERAL BILL by Barnaby
Office of Financial Regulation; Requires loan originators, mortgage brokers, & mortgage lenders & money services businesses to develop, implement, & maintain comprehensive written information security programs for protection of information systems & nonpublic personal information; requires loan originators, mortgage brokers, & mortgage lenders & money services businesses to establish written incident response plans for specified purposes & to conduct investigations of cybersecurity events; provides requirements for notices of security breaches; revises list of general law provisions that are waived upon approval of Financial Technology Sandbox application; revises conditions under which waiver of requirement may be granted; revises requirements for permission to organize credit unions; removes provisions that impose limitations on investments in real estate & equipment for credit unions; revises requirements & factors for approving applications for organizing banks & trust companies; revises requirements for directors of certain banks & trust companies.
Last Action: 11/18/2025 House - Now in Insurance & Banking Subcommittee
Bill Text: PDF
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Bill History
Date Chamber Action 11/6/2025 House • Filed
11/18/2025 House • Referred to Insurance & Banking Subcommittee
• Referred to Information Technology Budget & Policy Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
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HB 381, Original Filed Version (Current Bill Version) Posted 11/6/2025 at 1:20 PM
Bill Text: PDF Analyses: None Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 777 Pub. Rec./Office of Financial Regulation Barnaby Linked Last Action: 12/16/2025 H Filed 
S 540 Office of Financial Regulation Martin Identical Last Action: 12/1/2025 S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules
Citations - Statutes (15)
Citation Catchline Location in Bill Location In Bill Help 494.00123 Page 5 (pdf) 494.00255 Administrative penalties and fines; license violations. Page 15 (pdf) 517.021 Definitions. Page 15 (pdf) 517.12 Registration of dealers, associated persons, intermediaries, and investment advisers. Page 62 (pdf) 559.952 Financial Technology Sandbox. Page 18 (pdf) 560.114 Disciplinary actions; penalties. Page 36 (pdf) 560.1311 Page 42 (pdf) 655.0171 Page 52 (pdf) 655.045 Examinations, reports, and internal audits; penalty. Page 56 (pdf) 657.005 Application for authority to organize a credit union; investigation. Page 57 (pdf) 657.024 Membership meetings. Page 57 (pdf) 657.042 Investment powers and limitations. Page 58 (pdf) 658.21 Approval of application; findings required. Page 59 (pdf) 658.33 Directors, number, qualifications; officers. Page 60 (pdf) 662.141 Examination, investigations, and fees. Page 61 (pdf)