2017 State Legislative Agenda

State Issues

Following are issues that the Texas Bankers Association will be watching closely at the state level.

Home Equity Lending:

  • The TBA Board of Directors directs staff to pursue legislation that improves existing home equity law by excluding charges from the 3% fee cap that are not generated by the lender and by allowing for the seasoned refinance of a home equity loan.

Home Equity Lending from TexasBankers on Vimeo.

Construction Lending and Lien Law Rewrite:

  • The TBA Board of Directors directs staff to oppose legislation making significant changes to Chapter 53, Property Code, which relates to mechanic’s, contractor’s, and materialmen’s lien law.

Elder Financial Abuse:

  • The TBA Board of Directors directs staff to pursue legislation providing financial institutions with more options to serve their customers who the institutions suspect may be falling victim to financial abuse or exploitation. TBA staff should ensure that institutions are provided with safe harbors for action or inaction.

Elder Financial Abuse from TexasBankers on Vimeo.

New Accounts:

  • The TBA Board of Directors directs staff to pursue legislation streamlining the statutory new account form found in the Estates Code.

New Accounts from TexasBankers on Vimeo.

Powers of Attorney

  • The TBA Board of Directors directs staff to oppose any legislation that contains a mandatory acceptance provision for Powers of Attorney.

PACE Lending Program:

  • The TBA Board of Directors directs staff to oppose any legislation that creates a Property Assessed Clean Energy (PACE) lending program for 1-4 family homes.

Third Party Tax Lien Loans

  • The TBA Board of Directors directs staff to pursue legislation to provide advance notice to lenders from borrowers seeking third party tax lien loans.

Tax Lien Lending from TexasBankers on Vimeo.

SDSI Status

  • The TBA Board of Directors directs staff to continue to oppose any effort to move the Finance Commission’s self-directed, semi-independent status from the Finance Code to the Government Code.