Relating to the establishment of a theft of petroleum products task force.

SB 494 establishes a task force within the Railroad Commission of Texas to study and address petroleum product theft. The task force, requiring industry, energy association, and law enforcement representation, must analyze theft impacts on sales tax revenue and long-term economic effects, then recommend prevention strategies and officer training. It will submit annual reports to state leaders by December 1 of even-numbered years, focusing on security improvements and stakeholder coordination. The bill expires December 31, 2030, and takes effect September 1, 2025.