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You are receiving this email because you have signed up to be notified when the Regulatory Compliance Division of the Office of the Governor commences a review of a rule or issues a determination letter on a rule under review. Established pursuant to Subchapter C, Chapter 57, Texas Occupations Code, the Regulatory Compliance Division conducts an independent review of certain state agencies? rules that affect market competition to assess their consistency with state policy as clearly articulated by the Legislature in state statute.
The Regulatory Compliance Division has recently issued a determination letter for the following rules:
- Finance Commission of Texas, Title 7 Texas Administrative Code ??83.503, 83.605, and 84.205 (RCD Rule Review #2024-003)
The division has approved the proposed amended rules, which adjust maximum administrative fees and acquisition charges for closing consumer loans and maximum documentary fees for motor vehicle retail installment transactions.
To view the determination letter, please visit the Regulatory Compliance Division?s website.
For more information or any questions, please send us a message or call 512-463-8500.
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