HB 914 repeals civil asset forfeiture provisions in Texas and replaces them with criminal asset forfeiture rules. It requires a criminal conviction before property can be forfeited and establishes exemptions for homesteads, vehicles under $10,000, and currency under $200. Additionally, it provides procedures for challenging forfeitures, appealing decisions, and distributing proceeds. It also limits law enforcement’s ability to retain or use forfeited property and mandates detailed reporting of asset forfeitures. The bill emphasizes the protection of property owners' rights while enhancing transparency and oversight​.