Relating to the establishment of the Texas Committee on Foreign Investment to review certain transactions involving certain foreign entities; creating a civil penalty.

HB 5007 establishes a Texas Committee on Foreign Investment to review certain business transactions involving foreign entities that could affect Texas critical infrastructure, such as energy grids, hospitals, or water systems. The committee would assess deals where foreign-owned companies seek control of Texas assets in these sectors, with a focus on protecting sensitive infrastructure from potential risks. Transactions deemed "covered" under the bill would require review, and violators could face civil fines. The bill applies only to transactions not already governed by federal law.