Bill Summary

HB 265 Prohibition of Pyramid Promotional Schemes (2026 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, 2026
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committees of reference
Committee references not assigned.
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Actions
10/27/25
HOUSE 
Filed
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bill text & filed amendments
0265
Filed on 10/27/25
PDF
No amendments to this bill text filed.
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Statute Citations
849.091
849.0913
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