1 | 1 | | 86R589 SRS-D |
---|
2 | 2 | | By: Blanco H.B. No. 258 |
---|
3 | 3 | | |
---|
4 | 4 | | |
---|
5 | 5 | | A BILL TO BE ENTITLED |
---|
6 | 6 | | AN ACT |
---|
7 | 7 | | relating to the abolition of student loan default or breach of a |
---|
8 | 8 | | student loan repayment or scholarship contract as a ground for |
---|
9 | 9 | | nonrenewal or other disciplinary action in relation to a |
---|
10 | 10 | | professional or occupational license. |
---|
11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
---|
12 | 12 | | SECTION 1. Section 157.015(g), Finance Code, is amended to |
---|
13 | 13 | | read as follows: |
---|
14 | 14 | | (g) The commissioner may deny the renewal application for a |
---|
15 | 15 | | residential mortgage loan originator license if: |
---|
16 | 16 | | (1) the person seeking the renewal of the residential |
---|
17 | 17 | | mortgage loan originator license is in violation of this chapter, |
---|
18 | 18 | | Chapter 156, or Chapter 180, an applicable rule adopted under this |
---|
19 | 19 | | chapter, Chapter 156, or Chapter 180, or any order previously |
---|
20 | 20 | | issued to the person by the commissioner; |
---|
21 | 21 | | (2) the person seeking renewal of the residential |
---|
22 | 22 | | mortgage loan originator license is in default in the payment of any |
---|
23 | 23 | | administrative penalty, fee, charge, or other indebtedness owed |
---|
24 | 24 | | under this title; or |
---|
25 | 25 | | (3) [the person seeking the renewal of the residential |
---|
26 | 26 | | mortgage loan originator license is in default on a student loan |
---|
27 | 27 | | administered by the Texas Guaranteed Student Loan Corporation, |
---|
28 | 28 | | under Section 57.491, Education Code; or |
---|
29 | 29 | | [(4)] during the current term of the license, the |
---|
30 | 30 | | commissioner becomes aware of any fact, other than default on a |
---|
31 | 31 | | student loan administered by the Texas Guaranteed Student Loan |
---|
32 | 32 | | Corporation, that would have been grounds for denial of an original |
---|
33 | 33 | | license if the fact had been known by the commissioner on the date |
---|
34 | 34 | | the license was granted. |
---|
35 | 35 | | SECTION 2. Sections 466.155(a) and (g), Government Code, |
---|
36 | 36 | | are amended to read as follows: |
---|
37 | 37 | | (a) After a hearing, the director shall deny an application |
---|
38 | 38 | | for a license or the commission shall suspend or revoke a license if |
---|
39 | 39 | | the director or commission, as applicable, finds that the applicant |
---|
40 | 40 | | or sales agent: |
---|
41 | 41 | | (1) is an individual who: |
---|
42 | 42 | | (A) has been convicted of a felony, criminal |
---|
43 | 43 | | fraud, gambling or a gambling-related offense, or a misdemeanor |
---|
44 | 44 | | involving moral turpitude, if less than 10 years has elapsed since |
---|
45 | 45 | | the termination of the sentence, parole, mandatory supervision, or |
---|
46 | 46 | | probation served for the offense; |
---|
47 | 47 | | (B) is or has been a professional gambler; |
---|
48 | 48 | | (C) is married to an individual: |
---|
49 | 49 | | (i) described in Paragraph (A) or (B); or |
---|
50 | 50 | | (ii) who is currently delinquent in the |
---|
51 | 51 | | payment of any state tax; |
---|
52 | 52 | | (D) is an officer or employee of the commission |
---|
53 | 53 | | or a lottery operator; or |
---|
54 | 54 | | (E) is a spouse, child, brother, sister, or |
---|
55 | 55 | | parent residing as a member of the same household in the principal |
---|
56 | 56 | | place of residence of a person described by Paragraph (D); |
---|
57 | 57 | | (2) is not an individual, and an individual described |
---|
58 | 58 | | in Subdivision (1): |
---|
59 | 59 | | (A) is an officer or director of the applicant or |
---|
60 | 60 | | sales agent; |
---|
61 | 61 | | (B) holds more than 10 percent of the stock in the |
---|
62 | 62 | | applicant or sales agent; |
---|
63 | 63 | | (C) holds an equitable interest greater than 10 |
---|
64 | 64 | | percent in the applicant or sales agent; |
---|
65 | 65 | | (D) is a creditor of the applicant or sales agent |
---|
66 | 66 | | who holds more than 10 percent of the applicant's or sales agent's |
---|
67 | 67 | | outstanding debt; |
---|
68 | 68 | | (E) is the owner or lessee of a business that the |
---|
69 | 69 | | applicant or sales agent conducts or through which the applicant |
---|
70 | 70 | | will conduct a ticket sales agency; |
---|
71 | 71 | | (F) shares or will share in the profits, other |
---|
72 | 72 | | than stock dividends, of the applicant or sales agent; or |
---|
73 | 73 | | (G) participates in managing the affairs of the |
---|
74 | 74 | | applicant or sales agent; |
---|
75 | 75 | | (3) has been finally determined to be[: |
---|
76 | 76 | | [(A)] delinquent in the payment of a tax or other |
---|
77 | 77 | | money collected by the comptroller, the Texas Workforce Commission, |
---|
78 | 78 | | or the Texas Alcoholic Beverage Commission; |
---|
79 | 79 | | [(B) in default on a loan made under Chapter 52, |
---|
80 | 80 | | Education Code; or |
---|
81 | 81 | | [(C) in default on a loan guaranteed under |
---|
82 | 82 | | Chapter 57, Education Code;] |
---|
83 | 83 | | (4) is a person whose location for the sales agency is: |
---|
84 | 84 | | (A) a location licensed for games of bingo under |
---|
85 | 85 | | Chapter 2001, Occupations Code; |
---|
86 | 86 | | (B) on land that is owned by: |
---|
87 | 87 | | (i) this state; or |
---|
88 | 88 | | (ii) a political subdivision of this state |
---|
89 | 89 | | and on which is located a public primary or secondary school, an |
---|
90 | 90 | | institution of higher education, or an agency of the state; or |
---|
91 | 91 | | (C) a location for which a person holds a wine and |
---|
92 | 92 | | beer retailer's permit, mixed beverage permit, mixed beverage late |
---|
93 | 93 | | hours permit, private club registration permit, or private club |
---|
94 | 94 | | late hours permit issued under Chapter 25, 28, 29, 32, or 33, |
---|
95 | 95 | | Alcoholic Beverage Code, other than a location for which a person |
---|
96 | 96 | | holds a wine and beer retailer's permit issued under Chapter 25, |
---|
97 | 97 | | Alcoholic Beverage Code, that derives less than 30 percent of the |
---|
98 | 98 | | location's gross receipts from the sale or service of alcoholic |
---|
99 | 99 | | beverages; or |
---|
100 | 100 | | (5) has violated this chapter or a rule adopted under |
---|
101 | 101 | | this chapter. |
---|
102 | 102 | | (g) For purposes of Subsection (a)(3), the comptroller, |
---|
103 | 103 | | Texas Workforce Commission, and Texas Alcoholic Beverage |
---|
104 | 104 | | Commission[, Texas Higher Education Coordinating Board, and Texas |
---|
105 | 105 | | Guaranteed Student Loan Corporation] shall each provide the |
---|
106 | 106 | | executive director with a report of persons who have been finally |
---|
107 | 107 | | determined to be delinquent in the payment of any money owed to or |
---|
108 | 108 | | collected by that agency. The commission shall adopt rules |
---|
109 | 109 | | regarding the form and frequency of reports under this subsection. |
---|
110 | 110 | | SECTION 3. The following laws are repealed: |
---|
111 | 111 | | (1) Section 57.491, Education Code; |
---|
112 | 112 | | (2) Section 82.022(c), Government Code; |
---|
113 | 113 | | (3) Section 154.110(e), Government Code; and |
---|
114 | 114 | | (4) Chapter 56, Occupations Code. |
---|
115 | 115 | | SECTION 4. This Act takes effect immediately if it receives |
---|
116 | 116 | | a vote of two-thirds of all the members elected to each house, as |
---|
117 | 117 | | provided by Section 39, Article III, Texas Constitution. If this |
---|
118 | 118 | | Act does not receive the vote necessary for immediate effect, this |
---|
119 | 119 | | Act takes effect September 1, 2019. |
---|