What does Texas HB1545 do?
HB 1545 guarantees regulatory continuity by extending the expiration dates for the Credit Union Department, LCRA, and TJJD, securing the legal basis for contracts and licenses in these sectors for the next decade. However, regulatory oversight for Veterinary Medicine and Funeral Services is strictly conditional based on the passage or failure of separate legislation (SB 2155 and SB 2721), requiring immediate legislative verification by legal counsel in those industries. Implementation Timeline Effective Date: June 20, 2025 (Immediate).