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

Home Equity Lending Rule Review (posted April 1, 2020)
The Joint Financial Regulatory Agencies (OCCC, Texas Department of Banking, Texas Department of Savings and Mortgage Lending, and Texas Credit Union Department) intend to conduct a rule review regarding home equity lending. The agencies are seeking informal feedback from stakeholders through April 30.

Credit Access Business and Crafted Precious Metal Dealer Rule Review (published March 27, 2020)
The OCCC is conducting rule reviews regarding credit access businesses and crafted precious metal dealers. The OCCC will accept official comments on the rule reviews until April 27, 2020, at 5:00 p.m.

Precomment Drafts

Property Tax Lender Rules and Model Forms (revised March 16, 2020)
The OCCC is considering rule amendments related to property tax loans, as well as model forms for property tax loans. The deadline for providing informal precomments was March 27. Audio of the OCCC's March 19 online webinar is available here.

Plain Language Rule Review (posted Feb. 28, 2020)
The OCCC is considering amendments related to plain language contracts for regulated loans. The deadline for providing informal precomments was March 25. Audio of the OCCC's March 11 stakeholder meeting on the plain language rule review is available here.

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 considering amendments to the home loan payoff statement. The deadline for providing informal precomments was 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 (published Feb. 28, 2020)
Registered Creditor Rule Review (published Feb. 28, 2020)
The Finance Commission voted to publish these rules for comment at its February 14 meeting. The deadline for providing official comments was March 30. Audio of the OCCC's January 23 stakeholder meeting on these rules is available here.

Recently Adopted Rules (2019-2020)

Rule Effective Date
ADR, Negotiated Rulemaking, & FC Appeals Jan. 2, 2020
Pawnshop Employees: Military Licensing Dec. 1, 2019
RMLOs: Military Licensing Nov. 7, 2019
Registered Creditors: Motorcycle Documentary Fee Nov. 7, 2019
Regulated Lenders: Single Equivalent Daily Rate Nov. 7, 2019
Pawnshop Rules Implementing Sunset Legislation Oct. 1, 2019
Licensing & Administration Rules Implementing Sunset Legislation Sept. 5, 2019
Pawnshops: Rule Review Feb. 1, 2019
Administration: Employee Training Rule Review Jan. 3, 2019