Bill

HB 1442

86(R) - 2019
House Pensions, Investments, & Financial Services
Senate Business & Commerce
House Pensions, Investments, & Financial Services
Senate Business & Commerce

Vote Recommendation

Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral

Author(s)

Chris Paddie
Dan Flynn
Stan Lambert
Senfronia Thompson

Sponsor(s)

Bob Hall

Bill Caption

Relating to the continuation and functions of the Office of Consumer Credit Commissioner, the licensing and registration of persons regulated by that state agency, and certain consumer financial transactions regulated by that state agency.

Fiscal Notes

No fiscal implication to the State is anticipated. 

Bill Analysis

CSHB 1442 would continue the responsibilities and functions of the Office of Consumer Credit Commissioner. It also adds alternative rulemaking and dispute resolution procedures, advisory committees, and licensing and registration fees. The bill would make administrative changes OCCC's oversight of licensed professions. The bill would make the renewal term for certain occupational licenses two years rather than annual. 

Furthermore, the bill would make participation by a pawnbroker in the pawnshop employee license program optional. Under this provision, employees would only be required to have a license if the employing pawnbroker participates in the program.

Vote Recommendation Notes

This legislation is primarily administrative in nature and does not appear to have a significant connection to our liberty principles, therefore we remain neutral.