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      By: Sparks, et al. S.B. No. 621     (Troxclair)           A BILL TO BE ENTITLED   AN ACT   relating to a prohibition on the establishment, operation, or   ownership of a public bank by a political subdivision.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Chapter 140, Local Government Code, is amended   by adding Section 140.014 to read as follows:           Sec.   140.014.     PROHIBITION ON PUBLIC BANK. Notwithstanding   any other law, a political subdivision may not establish, operate,   or own an organization or entity that is organized for the purpose   of engaging in banking as defined by Section 31.002, Finance Code.          SECTION 2.  This Act takes effect September 1, 2025.