CS/SB 540: Office of Financial Regulation
GENERAL BILL by Banking and Insurance ; Martin
Office of Financial Regulation; Requiring loan originators, mortgage brokers, and mortgage lenders to develop, implement, and maintain comprehensive written information security programs for the protection of information systems and nonpublic personal information; providing requirements for such programs; providing additional acts that constitute a ground for specified disciplinary actions against loan originators and mortgage brokers; requiring money services businesses to develop, implement, and maintain comprehensive written information security programs for the protection of information systems and nonpublic personal information; requiring financial institutions to take measures to protect and secure certain data that contain personal information; providing requirements for notices of security breaches to the office, the Department of Legal Affairs, certain individuals, and certain credit reporting agencies, etc.
Last Action: 1/22/2026 Senate - CS by Banking and Insurance read 1st time
Bill Text: Web Page | PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/17/2025 | Senate |
• Filed |
| 12/1/2025 | Senate |
• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules |
| 1/8/2026 | Senate |
• On Committee agenda-- Banking and Insurance, 01/13/26, 4:00 pm, 412 Knott Building |
| 1/13/2026 | Senate |
• CS by Banking and Insurance; YEAS 10 NAYS 0 • Introduced |
| 1/15/2026 | Senate |
• Pending reference review under Rule 4.7(2) - (Committee Substitute) |
| 1/16/2026 | Senate |
• Now in Appropriations Committee on Agriculture, Environment, and General Government |
| 1/22/2026 | Senate |
• CS by Banking and Insurance read 1st time |
151196 - Substitute Amendment (465000)