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Regulatory Agencies. The electric, telecommunications and water service industries in Texas are regulated and governed by a host of independent, state and federal agencies. Each regulatory body is charged with unique tasks and responsibilties to ensure adequate protection for and service to the public.
The Texas State Board of Pharmacy (TSBP) is an independent state health regulatory agency established by the Texas Legislature in 1907 to regulate the practice of pharmacy and protect the health, safety, and welfare of the citizens of Texas.he Agency operates under the provisions of various Texas laws, such as the Texas Pharmacy Act, Texas Dangerous Drug Act, Texas Administrative Procedures Act, Open Records Act, Open Meetings Act, and Sunset Act. The agency's financial records are audited annually by the State Auditor.