SB 1648
AN ACT relating to regulation of online global marketplaces.
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to Senate committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
relating to regulation of online global marketplaces.
Bill Text
relating to regulation of online global marketplaces. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subtitle C, Title 5, Business & Commerce Code, is amended by adding Chapter 121 to read as follows: CHAPTER 121. ONLINE GLOBAL MARKETPLACES Sec. 121.001. DEFINITION. In this chapter, "online global marketplace" means a person that: (1) provides for consideration, including consideration deducted as a fee from the transaction, an online application, software, an Internet website, a system, or another medium through which a good or service in this state is advertised or offered to the public as available; (2) is not regulated by this state; and (3) directly or indirectly provides or maintains an Internet platform for goods or services by: (A) providing a payment system that facilitates a transaction between two platform users; (B) transmitting or otherwise communicating the offer or acceptance of a transaction between two platform users; (C) owning or operating the electronic or physical infrastructure or technology that brings two or more (D) providing a virtual currency, as defined by Section 12.001, that platform users are allowed or required to use (E) providing software development or research and development activities related to any of the activities Sec. 121.002. CERTAIN LOCAL REGULATIONS PROHIBITED. A county or municipality may not: (1) regulate the operation of an online global (2) require an online global marketplace to provide personally identifiable information of its Internet platform users without an administrative subpoena or court order. SECTION 2. This Act takes effect September 1, 2025.
Bill History
Bill filed: AN ACT relating to regulation of online global marketplaces.
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