Texas Business & Commerce Code

§ 15.20 — CIVIL SUITS BY THE STATE

BC § 15.20Title 2. COMPETITION AND TRADE PRACTICES · Ch. 15. MONOPOLIES, TRUSTS AND CONSPIRACIES IN RESTRAINT OF TRADE · Art. C. ENFORCEMENT

Statute text

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(a)Suit to Collect Civil Fine. The attorney general may file suit in district court in Travis County or in any county in the State of Texas in which any of the named defendants resides, does business, or maintains its principal office on behalf of the State of Texas to collect a civil fine from any person, other than a municipal corporation, whom the attorney general believes has violated any of the prohibitions in Subsection (a), (b), or (c) of Section 15.05 of this Act. An individual or other person adjudged to have violated any of these prohibitions shall pay a fine to the state in an amount not to exceed:

(1)if an individual, $300,000; or

(2)if any other person:

(A)$3 million, if the lesser of the person's assets or market capitalization is less than $100 million;

(B)$20 million, if the lesser of the person's assets or market capitalization is at least $100 million but less than $500 million; or

(C)$30 million, if the lesser of the person's assets or market capitalization is $500 million or more.

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Legislative history

Acts 2023, 88th Leg., R.S., Ch. 906 (H.B. 5232), Sec. 1, eff. September 1, 2023.