2021  Legislative Agenda

The TBA Board of directors adopted the 2021 State and Federal Legislative Agenda recommended by the Government Relations Council.

Federal Issues

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

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.

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

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

Pursuant 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.

Direct 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

Direct staff work on proactive legislation to address the growing problem of ATM crime across the state. This should include the possibility of enhancing penalties for criminal mischief involving automated teller machines.

Direct staff to work in conjunction with TBA's Wealth Management and Trust Division on legislation that would extend Texas' Rule Against Perpetuities from its current 21-year limit to a more workable timeframe.

Direct staff to work in collaboration with other business groups on proactive legislation that provides COVID-19 business liability protections.