SB 494 - Establishes a Theft of Petroleum Products Task Force - Texas Key Vote

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Title: Establishes a Theft of Petroleum Products Task Force

Title: Establishes a Theft of Petroleum Products Task Force

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Title: Establishes a Theft of Petroleum Products Task Force

Vote Smart's Synopsis:

Vote to amend and pass a bill that establishes a theft of petroleum products task force in Texas.

Highlights:

  • Requires the Railroad Commission to appoint a task force to study and make recommendations related to preventing the theft of petroleum products in Texas (Sec. 1). 

  • Specifies that the task force must be made up of the following representatives (Sec. 1):

    • One representative from the oil and gas industry;

    • One representative from an energy trade association; and

    • Representatives from local, state, and federal law enforcement agencies.

  • Requires that the task force meet at least quarterly (Sec. 1). 

  • Authorizes the task force to conduct its meetings virtually (Sec. 1). 

  • Specifies that the ongoing study shall address all of the following topics (Sec. 1):

    • Laws and regulations addressing the theft of petroleum products;

    • The impact of the theft of petroleum products on the collection of sales tax;

    • The long-term economic impacts of the theft of petroleum products;

    • Recommendations on related outreach, prevention, and law enforcement training programs.

  • Requires the task force to submit a report of the study by December 1st of each even-numbered year (Sec. 1). 

  • Specifies that the provisions of this bill shall take effect on September 1, 2025 (Sec. 3).

  • Specifies that the provisions of this bill shall expire on December 31, 2030 (Sec. 4). 

Title: Establishes a Theft of Petroleum Products Task Force

Title: Establishes a Theft of Petroleum Products Task Force

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