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      By: Toth H.B. No. 4468       A BILL TO BE ENTITLED   AN ACT   relating to a prohibition on the acceptance of certain compensation   or employment by current or former members of the legislature for   work involving bond services; creating a criminal offense.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter C, Chapter 572, Government Code, is   amended by adding Section 572.062 to read as follows:           Sec.   572.062.     CERTAIN COMPENSATION AND EMPLOYMENT BY   CURRENT OR FORMER MEMBERS OF LEGISLATURE PROVIDING BOND SERVICES   PROHIBITED. (a) Notwithstanding any other law, an individual may   not accept compensation or employment from a person that receives   money from any proceeds in connection with the issuance of bonds if   the individual provided financial advice, bond counsel, bond   underwriting, or another professional service associated with the   issuance of the bonds while the individual was a member of the   legislature.           (b)     The prohibition under Subsection (a) applies until the   10th anniversary of the later of:                 (1)  the date the bonds are issued; or                 (2)     the date the individual ceases to be a member of   the legislature.           (c)     A person commits an offense if the person violates this   section. An offense under this section is a Class A misdemeanor.          SECTION 2.  Section 572.062, Government Code, as added by   this Act, applies only to compensation paid or employment that   commences on or after the effective date of this Act. Compensation   that is paid or employment that commences before the effective date   of this Act is governed by the law in effect on the date the   compensation was paid or the employment commenced, and the former   law is continued in effect for that purpose.          SECTION 3.  This Act takes effect September 1, 2025.