2019-2020  Legislative Agenda

The TBA Board of directors adopted the 2019-2020 State and Federal Legislative Agenda recommended by the Government Relations Council.

Federal Issues

The TBA Government Relations Council recommends that the TBA Board of Directors:

Blue ArrowOppose H.R. 4058, legislation that would create a dealers trust for livestock transactions.

Blue Arrow

Support efforts to reduce the burden of the Bank Secrecy Act/AML, including Congressman Vicente Gonzalez’s effort to engage the State Department to vet trusted foreign customers.

Blue ArrowDirect staff to pursue federal legislation creating a five-member Commission to head the Consumer Financial Protection Bureau.

Blue ArrowDirect staff to pursue federal legislation limiting the sharing of information on interest earned on the depository accounts of non-resident aliens.

Blue ArrowPursuant to the ratification by the TBA Agriculture and Rural Affairs Committee, direct staff to pursue amendments to federal regulations to permit sending electronic notices for farm product liens.

Blue ArrowDirect staff to file a comment letter in response to the ANPR on the Community Reinvestment Act and to develop a basic outline and template TBA members can use in developing their own response letters.

State Issues

The TBA Government Relations Council recommends that the TBA Board of Directors:

blue ArrowDirect staff to work to ensure that the Finance Commission’s Sunset bill maintains the Texas Department of Savings and Mortgage Lending as a separate agency and ensures any administrative penalties collected by the financial regulatory agencies are not swept to the General Revenue Fund.

blue ArrowSubject to the ratification by the TBA Agriculture and Rural Affairs Committee, directs staff to pursue legislation creating a central filing system for agriculture liens in compliance with the Federal Food Security Act of 1985.

blue ArrowDirect staff to oppose legislation creating a Residential PACE lending program in the State of Texas.

blue ArrowDirect staff to advocate for legislation that would minimize the negative effects of tax lien lenders on properties where preexisting mortgage loans exist.