Bill Summary

HB 249 Prohibition of Pyramid Promotional Schemes (2025 Session)
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Sponsors
by Chamberlin
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Summary
Prohibition of Pyramid Promotional Schemes: Prohibits person from establishing, promoting, operating, or participating in pyramid promotional scheme; requires DLA to issue & serve complaint & cease & desist order; establishes procedures for cease & desist orders; provides for restitution; authorizes DLA to apply for injunction; provides requirements for injunction; authorizes court to appoint receiver; provides for powers & duties of such receivership; authorizes court to issue order to stay certain actions & requires such actions be assigned to judge who appointed receiver; provides that specified provisions & penalties are in addition to civil, administrative, or criminal actions provided by law. Effective Date: July 1, 2025
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committees of reference
ยป H Criminal Justice Subcommittee
   H Industries & Professional Activities Subcommittee
   H Justice Budget Subcommittee
   H Judiciary Committee
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Actions
01/24/25
HOUSE 
Filed
02/06/25
HOUSE 
Referred to Criminal Justice Subcommittee; Industries & Professional Activities Subcommittee; Justice Budget Subcommittee; Judiciary Committee
02/06/25
HOUSE 
Now in Criminal Justice Subcommittee
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bill text & filed amendments
0249
Filed on 01/24/25
PDF
No amendments to this bill text filed.
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Statute Citations
849.091
849.0913
Research & Reports
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