Legislation to reform payday lending is on the move

Although supporters of payday and car title lenders claim that they provide credit services to those who cannot access bank loans, others point to the "cycle of debt" that inexperienced borrowers can fall into. Senator Carona has authored SB1247, legislation that will protect vulnerable consumers and is now advancing in Austin. Read more. READ MORE

83rd Session

The 83rd Session of the Texas Legislature opened on January 8. You can track bills and issues of interest to you using the MyTLO section of the Texas Legislature Online website. The Comptroller's Biennial Revenue Estimate is improved over the report for the last session, and there is talk of major infrastructure investment needs as well as tax reductions. Let me know your thoughts.