Recent and Upcoming Rules

Below you will find copies of recent and upcoming rules, as well as notices of upcoming stakeholder meetings on rules. Rules that have gone into effect are available in the Texas Administrative Code.

If you'd like to be included on an e-mail list for OCCC rule updates, send an e-mail to rule.comments@occc.texas.gov, stating which industry you'd like rule updates on (e.g., motor vehicle sales finance, credit access businesses).

Rule Review Notices

Official Interpretations and Plain Language Rule Review (published Jan. 31, 2020)
The OCCC is conducting a rule review regarding official interpretations and advisory letters, and a rule review regarding plain language contracts for regulated loans. The OCCC will accept official comments on the rule reviews until March 2, 2020, at 5:00 p.m..

Precomment Drafts

Payoff Statement Rule Review (posted Feb. 25, 2020)
The OCCC, the Texas Department of Savings and Mortgage Lending, and the Texas Department of Banking are seeking informal precomments on amendments to the home loan payoff statement. Precomments may be emailed to smlinfo@sml.texas.gov. The finance agencies will accept precomments until March 20. Audio of the September 9 stakeholder meeting on the payoff statement rule review is available here. 

Proposals

Residential Mortgage Loan Originator Rule Review (posted Feb. 5, 2020)
Registered Creditor Rule Review (posted Feb. 5, 2020)
The Finance Commission voted to publish these rules for comment at its February 14 meeting. The official comment period will begin on February 28 (when the rules are published in the Texas Register) and will end on March 30. Audio of the OCCC's January 23 stakeholder meeting on these rules is available here.

Recently Adopted Rules (2019-2020)