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SB 667EffectiveBecame law

Relating to prohibiting certain state governmental entities from investing in certain Chinese-affiliated entities.

89(R) · Regular SessionTexas SenateLast action June 20, 2025

Bill overview

Relating to prohibiting certain state governmental entities from investing in certain Chinese-affiliated entities.

Reference notes

SB 667 sources, status methodology and verification

Sources

Methodology

KeepTXRed treats the official legislative record and latest official action as the factual status layer for SB 667. Status labels are normalized for browsing, while the legislative timeline and documents preserve official action text and source links. Any KeepTXRed explanation below is editorial context and remains separate from the official record.

Last verified

Legislative record synchronized August 29, 2026 at 2:55 AM UTC; latest recorded official action June 20, 2025.

Bill → law → agency context

This relationship layer distinguishes what the normalized official record can prove from what it cannot. Enactment and effective dates come from the bill record. Agency names below are shown only when an official fiscal document supplies a verified agency reference; being cited in a fiscal note does not by itself prove that the agency administers the resulting law.

Bill → law status

SB 667 is recorded as enacted

Current status
Effective
Signed
June 20, 2025
Effective
September 1, 2025

Official fiscal-note agency context

No verified agency references are available from the latest parsed official fiscal material. KeepTXRed does not infer an administering agency from the bill topic or title.

KeepTXRed explanation

This reviewed explanation is separate from the official bill record and is provided for general information, not legal advice.

KeepTXRed summary

SB 667 requires specified Texas state governmental investment entities to avoid and divest from certain publicly traded Chinese-affiliated entities identified under the Act.

What would change

The comptroller must maintain a list of restricted entities. Covered state governmental entities generally may not acquire listed securities and must identify existing holdings, notify restricted entities, and follow a statutory divestment schedule, subject to defined exceptions and fiduciary safeguards. The Act also adds reporting, enforcement, indemnification, and limits on private causes of action.

Who may be affected

State retirement systems and other covered governmental investors, beneficiaries and taxpayers, investment managers and contractors, the comptroller, the attorney general, and publicly traded entities identified as restricted under the statute.

When it would take effect

The Act took effect September 1, 2025.

Limits and uncertainty

The prohibition applies only to entities meeting the Act's definitions and appearing in the statutory process. The law contains exceptions and safeguards intended to protect covered entities from violating fiduciary duties or causing specified financial harm while divesting.

Editorial sources and review notes

Final enrolled text, enrolled summary, and official TLO stages reviewed.

Editorial explanation reviewed 9/5/2026.

Current status

Effective

Effective on 9/1/25

Latest official action

Effective on 9/1/25

June 20, 2025 · senate

Who this bill may affect

A verified audience or subject classification has not been attached to this bill yet.

Use the bill overview and official documents to determine whether the proposal may apply to you, your business, or a public agency.

Sponsors

Committee history

  1. State Affairs

    Out of committee

Legislative timeline

  1. Effective on 9/1/25

    senate · effective

    Official record
  2. Signed by the Governor

    executive

    Official record
  3. Sent to the Governor

    executive

    Official record
  4. Signed in the House

    house

    Official record
  5. Signed in the Senate

    senate

    Official record
  6. Reported enrolled

    senate

    Official record
  7. House passage reported

    senate

    Official record
  8. Statement(s) of vote recorded in Journal

    house

    Official record
  9. Record vote

    house

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  10. Passed

    house

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  11. Read 3rd time

    house

    Official record
  12. Statement(s) of vote recorded in Journal

    house

    Official record
  13. Record vote

    house

    Official record
  14. Passed to 3rd reading

    house

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  15. Read 2nd time

    house

    Official record
  16. Placed on General State Calendar

    house

    Official record
  17. Considered in Calendars

    house

    Official record
  18. Committee report sent to Calendars

    house

    Official record
  19. Committee report distributed

    house

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  20. Comte report filed with Committee Coordinator

    house

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  21. Reported favorably w/o amendment(s)

    house

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  22. Considered in formal meeting

    house

    Official record
  23. Left pending in committee

    house

    Official record
  24. Considered in public hearing

    house

    Official record
  25. Scheduled for public hearing on . . .

    house

    Official record
  26. Referred to State Affairs

    house

    Official record
  27. Read first time

    house

    Official record
  28. Received from the Senate

    house

    Official record
  29. Reported engrossed

    senate

    Official record
  30. Record vote

    senate

    Official record
  31. Passed

    senate

    Official record
  32. Read 3rd time

    senate

    Official record
  33. Three day rule suspended

    senate

    Official record
  34. Vote recorded in Journal

    senate

    Official record
  35. Read 2nd time & passed to engrossment

    senate

    Official record
  36. Laid before the Senate

    senate

    Official record
  37. Placed on local & uncontested calendar

    senate

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  38. Co-author authorized

    senate

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  39. Committee report printed and distributed

    senate

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  40. Recommended for local & uncontested calendar

    senate

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  41. Reported favorably as substituted

    senate

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  42. Vote taken in committee

    senate

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  43. Considered in public hearing

    senate

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  44. Left pending in committee

    senate

    Official record
  45. Testimony taken in committee

    senate

    Official record
  46. Considered in public hearing

    senate

    Official record
  47. Scheduled for public hearing on . . .

    senate

    Official record
  48. Referred to State Affairs

    senate

    Official record
  49. Read first time

    senate

    Official record
  50. Filed

    senate

    Official record
  51. Received by the Secretary of the Senate

    senate

    Official record

Official bill text

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Related articles

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