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 (published March 29, 2024)
The Joint Financial Regulatory Agencies are conducting a rule review regarding home equity lending. The agencies will accept official comments on the rule review until April 28.
Refund Anticipation Loan Rule Review (published March 29, 2024)
The OCCC is conducting a rule review regarding tax refund anticipation loan facilitators. The OCCC will accept official comments on the rule review until April 28.
Proposals
Registered Creditor Documentary Fee Rule (posted April 10, 2024)
The Finance Commission voted to publish these rule amendments for comment at its April 19 meeting. The official comment period will begin on May 3 (when the amendments are published in the Texas Register) and will end on June 2. Video of the OCCC's March 26 webinar on the amendments is available here.
Summary: These proposed amendments deal with documentary fees for retail installment contracts to purchase motorcycles, boats, all-terrain vehicles, and certain other vehicles. The amendments would adjust the maximum documentary fee for purchasing a land vehicle or watercraft to $200. The amendments would adjust the maximum documentary fee for purchasing both types of vehicles to $250.
Resumen en español: Estas enmiendas propuestas tratan con los honorarios de documentación para los contratos de venta a plazos al por menor de motocicletas, embarcaciones, vehículos todoterreno y otros vehículos determinados. Las enmiendas ajustarían la cantidad máxima de los honorarios de documentación a $200 en la compra de un vehículo terrestre o embarcación. Las enmiendas ajustarían la cantidad máxima de los honorarios de documentación a $250 para la compra de ambos tipos de vehículos.
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 deadline for official comments was 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 deadline for official comments was 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 |