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Bill > HB3510


TX HB3510

Relating to work from remote locations by certain employees of certain entities licensed by the Office of Consumer Credit Commissioner.


summary

Introduced
03/10/2021
In Committee
05/20/2021
Crossed Over
04/30/2021
Passed
05/28/2021
Dead
Signed/Enacted/Adopted
06/14/2021

Introduced Session

87th Legislature Regular Session

Bill Summary

Relating to authorizing the Texas Finance Commission to ensure that employees of regulated entities may work from home under certain circumstances.

AI Summary

This bill amends the Texas Finance Code to allow certain licensed entities regulated by the Office of Consumer Credit Commissioner to permit their employees to work from remote locations, provided the entities maintain appropriate safeguards for data, information, and records, employ monitoring and oversight processes, ensure consumer privacy, and adopt written procedures to ensure compliance with applicable laws. The bill applies to employees of entities licensed under Chapters 348 and 353 who engage in making, servicing, holding, or collecting retail installment transactions. The Texas Finance Commission is authorized to adopt rules to implement this new provision.

Committee Categories

Business and Industry, Labor and Employment

Sponsors (5)

Last Action

Effective on 9/1/21 (on 06/14/2021)

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