2021  Legislative Agenda

The TBA Board of directors adopted the 2021 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 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.

blue ArrowDirect 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.

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