Recent and Upcoming Rules

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).

Rule Review Notices

Home Equity Lending Rule Review (posted March 1, 2024)
The Joint Financial Regulatory Agencies intend to conduct a rule review regarding home equity lending. The agencies will accept informal comments on the rule review until March 28 at 5:00 p.m.

Refund Anticipation Loan Rule Review (posted March 1, 2024)
The OCCC intends to conduct a rule review regarding tax refund anticipation loan facilitators. The OCCC will accept informal comments on the rule review until March 28 at 5:00 p.m.

Proposals

Regulated Lender Fee Rules (published March 1, 2024)
The Finance Commission voted to publish these rule amendments for comment at its February 16 meeting. The OCCC will accept official comments on the amendments until March 31. Video of the OCCC's January 29 webinar on the amendments is available here.

Summary: These proposed amendments deal with fees for regulated loans for consumers. The amendments would adjust the maximum administrative fee to $125, with annual adjustments based on the Consumer Price Index (CPI). The amendments would adjust the maximum acquisition charge to the lesser of $125 (with annual adjustments based on CPI) or 12.5% of the loan amount.

Resumen en español: Estas enmiendas propuestas tratan con los cargos de los préstamos regulados para los consumidores. Las enmiendas ajustarían la tarifa administrativa máxima a $125, con ajustes anuales basados en el Índice de Precios al Consumidor (IPC). Las enmiendas ajustarían el cargo de adquisición máximo en donde se tomaría la menor cantidad de $125 (con ajustes anuales basados en el IPC) o el 12.5% del monto del préstamo.

 

Motor Vehicle Documentary Fee Rule (published March 1, 2024)
The Finance Commission voted to publish these rule amendments for comment at its February 16 meeting. The OCCC will accept official comments on the amendments until March 31. Video of the OCCC's January 30 webinar on the amendments is available here.

Summary: These proposed amendments deal with documentary fees for motor vehicle retail installment contracts. The amendments would adjust the reasonable documentary fee amount to $225. The amendments would also make technical corrections and updates.

Resumen en español: Estas enmiendas propuestas tratan con los honorarios de documentación para los contratos de venta a plazos al por menor de vehículos automotores. Las enmiendas ajustarían la cantidad razonable de los honorarios de documentación a $225. Las enmiendas también harían otros cambios técnicos y actualizaciones.

 

Recently Adopted Rules (2023-2024)

Rule Effective Date
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