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.

HB 4468 prohibits current and former Texas state legislators from accepting compensation or employment from entities receiving money from bond sales if they provided financial advice, bond counsel, underwriting, or similar services related to those bonds while serving in office. The ban lasts for 10 years after the bonds are issued or after the legislator leaves office, whichever comes later. Violating this rule would be a Class A misdemeanor offense. The law applies only to compensation starting on or after September 1, 2025, with older arrangements governed by previous rules. This directly affects legislators seeking post-office roles in bond-related industries.