Relating to the issuance and regulation of an oil-backed stablecoin; authorizing a fee; authorizing an administrative penalty.

Introduced

In Committee

Floor

Crossed Over

Passed

Enacted

Overview Bill text 1 History 4 Sponsors

No summary has been published for this bill. The full text is on the Bill text tab.

Chamber: Senate
Introduced: Mar 14, 2025
Last action: Apr 7, 2025 — Referred to Business & Commerce
Session: 89R
Momentum: 28 · Low

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base In Committee — base rate 11%, measured from TX's completed sessions
Momentum -5 28/100 from the pace of recorded action
Time since last action -22 558 days quiet

A transparent scoring model over stage, momentum, recency, sponsorship and recorded votes — not a trained predictor. Treat it as a way to rank attention, not as a forecast.