SB621 — Relating to a prohibition on the establishment, operation, or ownership of a public bank by a political subdivision.

SB621 — Relating to a prohibition on the establishment, operation, or ownership of a public bank by a political subdivision. · Informed CitizenryThis bill amends the Local Government Code to prohibit political subdivisions from establishing, operating, or owning any organization or entity organized for the purpose of engaging in banking. Th…Open in Informed Citizenry