Below you will find copies of recent and upcoming rules, as well as notices of upcoming stakeholder meetings on rules. Video of stakeholder webinars is available here. Rules that have gone into effect are available in the Texas Administrative Code.
If you'd like to be included on an email list for OCCC rule updates, send an email to rule.comments@occc.texas.gov, stating which industry you'd like rule updates on (e.g., motor vehicle sales finance, credit access businesses).
Precomment Draft
TFEE Rule Review (posted Sept. 5, 2024)
The OCCC will accept informal precomments on these amendments until September 19, 2024.
Proposals
Motor Vehicle Rule Review (published Aug. 30, 2024)
The Finance Commission voted to publish these amendments for comment at its August 16 meeting. The OCCC will accept official comments on the proposal until September 29. Video of the OCCC's July 29 webinar on the amendments is available here.
Summary: The Finance Commission reviewed its rules for motor vehicle sales finance. These proposed amendments are based on the rule review. Under these amendments, license applicants would have to give the name of the compliance officer. The amendments would explain the process that the OCCC (Office of Consumer Credit Commissioner) takes to deny a license application for motor vehicle sales finance. The amendments would change rules for recordkeeping in motor vehicle retail installment transactions. The amendments would revise model contract language and update the process for submitting nonstandard contracts. The amendments would make other technical changes and updates.
Resumen en español: La Comisión de Finanzas revisó sus reglas para el financiamiento de ventas de vehículos automotores. Estas enmiendas propuestas se basan en la revisión de las reglas. Bajo estas enmiendas, solicitantes de una licencia tendrían que proporcionar el nombre del oficial de cumplimiento. Las enmiendas explicarían el proceso que lleva a cabo la OCCC (Oficina del Comisionado de Crédito al Consumidor) para negar una solicitud de licencia para financiamiento de ventas de vehículos automotores. Las enmiendas cambiarían las reglas del mantenimiento de los registros de las transacciones minoristas a plazos para vehículos automotores. Las enmiendas modificarían el lenguaje del contrato modelo y actualizarían el proceso para presentar contratos no estándar. Las enmiendas también harían otros cambios técnicos y actualizaciones.
Home Equity Lending Rule Review (published Aug. 2, 2024)
The Finance Commission voted to publish these amendments for comment at its June 21 meeting. The Credit Union Commission voted to publish the amendments at its July 19 meeting. The deadline for official comments was September 1.
Summary: This amendment explains that a formal petition for a home equity lending interpretation must be filed with the Department of Savings and Mortgage Lending.
Resumen en español: Esta enmienda explica que se debe presentar una petición formal para una interpretación de préstamo con garantía hipotecaria ante el Departamento de Ahorros y Préstamos Hipotecarios.
Recently Adopted Rules (2023-2024)
| Rule | Effective Date |
|---|---|
| Registered Creditor Documentary Fee Rule | Sept. 5, 2024 |
| Contract Procedure Rule Review | Sept. 5, 2024 |
| Contested Case Rule Review | Sept. 5, 2024 |
| Motor Vehicle Documentary Fee Rule | July 11, 2024 |
| Regulated Lender Fee Rules | July 11, 2024 |
| Credit Access Business Rule Review | March 7, 2024 |
| Motor Vehicle Recordkeeping Rules | Jan. 4, 2024 |
| Pawnshop Employee Military Licensing Rule | Nov. 16, 2023 |
| RMLO Military Licensing Rule | Nov. 16, 2023 |
| Registered Creditor Fee Rule | Sept. 7, 2023 |
| Plain Language Rule Review | Jan. 5, 2023 |