By: Capriglione H.B. No. 3873
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the Office of Consumer Credit Commissioner, the
  consumer credit commissioner, and the duties of the consumer credit
  commissioner, including the regulation of credit access
  businesses.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 14.051, Finance Code, is amended to read
  as follows:
         Sec. 14.051.  CONSUMER CREDIT COMMISSIONER. (a) The
  finance commission shall appoint the commissioner.
         (b)  The commissioner:
               (1)  serves at the will of the finance commission; and
               (2)  is subject to orders and directions of the finance
  commission, including any applicable orders and directions
  relating to the commissioner's duties under Subchapter E or other
  provisions of this code.
         SECTION 2.  Section 14.052, Finance Code, is amended to read
  as follows:
         Sec. 14.052.  DIVISION OF CONSUMER PROTECTION. The division
  of consumer protection is a division in the office and is under the
  direction of the commissioner. The mission of the division shall
  include the development and promotion of the programs described in
  Section 14.103. 
         SECTION 3.  Section 14.101, Finance Code, is amended to read
  as follows:
         Sec. 14.101.  GENERAL DUTIES OF COMMISSIONER.  The
  commissioner shall enforce Section 339.001, this chapter,
  Subtitles B and C of Title 4, including rules adopted by the finance
  commission under those subtitles relating to interest, loans, and
  certain financed transactions, Chapter 393 with respect to a credit
  access business, including rules adopted by the finance commission
  governing credit access businesses, and Chapter 394 in person or
  through an assistant commissioner, examiner, or other employee of
  the office.
         SECTION 4.  This Act takes effect September 1, 2015.