Texas 2019 - 86th Regular

Texas House Bill HB258 Compare Versions

Only one version of the bill is available at this time.
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11 86R589 SRS-D
22 By: Blanco H.B. No. 258
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the abolition of student loan default or breach of a
88 student loan repayment or scholarship contract as a ground for
99 nonrenewal or other disciplinary action in relation to a
1010 professional or occupational license.
1111 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1212 SECTION 1. Section 157.015(g), Finance Code, is amended to
1313 read as follows:
1414 (g) The commissioner may deny the renewal application for a
1515 residential mortgage loan originator license if:
1616 (1) the person seeking the renewal of the residential
1717 mortgage loan originator license is in violation of this chapter,
1818 Chapter 156, or Chapter 180, an applicable rule adopted under this
1919 chapter, Chapter 156, or Chapter 180, or any order previously
2020 issued to the person by the commissioner;
2121 (2) the person seeking renewal of the residential
2222 mortgage loan originator license is in default in the payment of any
2323 administrative penalty, fee, charge, or other indebtedness owed
2424 under this title; or
2525 (3) [the person seeking the renewal of the residential
2626 mortgage loan originator license is in default on a student loan
2727 administered by the Texas Guaranteed Student Loan Corporation,
2828 under Section 57.491, Education Code; or
2929 [(4)] during the current term of the license, the
3030 commissioner becomes aware of any fact, other than default on a
3131 student loan administered by the Texas Guaranteed Student Loan
3232 Corporation, that would have been grounds for denial of an original
3333 license if the fact had been known by the commissioner on the date
3434 the license was granted.
3535 SECTION 2. Sections 466.155(a) and (g), Government Code,
3636 are amended to read as follows:
3737 (a) After a hearing, the director shall deny an application
3838 for a license or the commission shall suspend or revoke a license if
3939 the director or commission, as applicable, finds that the applicant
4040 or sales agent:
4141 (1) is an individual who:
4242 (A) has been convicted of a felony, criminal
4343 fraud, gambling or a gambling-related offense, or a misdemeanor
4444 involving moral turpitude, if less than 10 years has elapsed since
4545 the termination of the sentence, parole, mandatory supervision, or
4646 probation served for the offense;
4747 (B) is or has been a professional gambler;
4848 (C) is married to an individual:
4949 (i) described in Paragraph (A) or (B); or
5050 (ii) who is currently delinquent in the
5151 payment of any state tax;
5252 (D) is an officer or employee of the commission
5353 or a lottery operator; or
5454 (E) is a spouse, child, brother, sister, or
5555 parent residing as a member of the same household in the principal
5656 place of residence of a person described by Paragraph (D);
5757 (2) is not an individual, and an individual described
5858 in Subdivision (1):
5959 (A) is an officer or director of the applicant or
6060 sales agent;
6161 (B) holds more than 10 percent of the stock in the
6262 applicant or sales agent;
6363 (C) holds an equitable interest greater than 10
6464 percent in the applicant or sales agent;
6565 (D) is a creditor of the applicant or sales agent
6666 who holds more than 10 percent of the applicant's or sales agent's
6767 outstanding debt;
6868 (E) is the owner or lessee of a business that the
6969 applicant or sales agent conducts or through which the applicant
7070 will conduct a ticket sales agency;
7171 (F) shares or will share in the profits, other
7272 than stock dividends, of the applicant or sales agent; or
7373 (G) participates in managing the affairs of the
7474 applicant or sales agent;
7575 (3) has been finally determined to be[:
7676 [(A)] delinquent in the payment of a tax or other
7777 money collected by the comptroller, the Texas Workforce Commission,
7878 or the Texas Alcoholic Beverage Commission;
7979 [(B) in default on a loan made under Chapter 52,
8080 Education Code; or
8181 [(C) in default on a loan guaranteed under
8282 Chapter 57, Education Code;]
8383 (4) is a person whose location for the sales agency is:
8484 (A) a location licensed for games of bingo under
8585 Chapter 2001, Occupations Code;
8686 (B) on land that is owned by:
8787 (i) this state; or
8888 (ii) a political subdivision of this state
8989 and on which is located a public primary or secondary school, an
9090 institution of higher education, or an agency of the state; or
9191 (C) a location for which a person holds a wine and
9292 beer retailer's permit, mixed beverage permit, mixed beverage late
9393 hours permit, private club registration permit, or private club
9494 late hours permit issued under Chapter 25, 28, 29, 32, or 33,
9595 Alcoholic Beverage Code, other than a location for which a person
9696 holds a wine and beer retailer's permit issued under Chapter 25,
9797 Alcoholic Beverage Code, that derives less than 30 percent of the
9898 location's gross receipts from the sale or service of alcoholic
9999 beverages; or
100100 (5) has violated this chapter or a rule adopted under
101101 this chapter.
102102 (g) For purposes of Subsection (a)(3), the comptroller,
103103 Texas Workforce Commission, and Texas Alcoholic Beverage
104104 Commission[, Texas Higher Education Coordinating Board, and Texas
105105 Guaranteed Student Loan Corporation] shall each provide the
106106 executive director with a report of persons who have been finally
107107 determined to be delinquent in the payment of any money owed to or
108108 collected by that agency. The commission shall adopt rules
109109 regarding the form and frequency of reports under this subsection.
110110 SECTION 3. The following laws are repealed:
111111 (1) Section 57.491, Education Code;
112112 (2) Section 82.022(c), Government Code;
113113 (3) Section 154.110(e), Government Code; and
114114 (4) Chapter 56, Occupations Code.
115115 SECTION 4. This Act takes effect immediately if it receives
116116 a vote of two-thirds of all the members elected to each house, as
117117 provided by Section 39, Article III, Texas Constitution. If this
118118 Act does not receive the vote necessary for immediate effect, this
119119 Act takes effect September 1, 2019.