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TX HB1056
TX HB1056Relating to the registration of financial institutions and investment firms that lease residential real property.
summary
Introduced
12/20/2022
12/20/2022
In Committee
03/02/2023
03/02/2023
Crossed Over
Passed
Dead
05/29/2023
05/29/2023
Introduced Session
88th Legislature Regular Session
Bill Summary
Relating to the registration of financial institutions and investment firms that lease residential real property.
AI Summary
This bill requires financial institutions and investment firms that own and lease residential properties in Texas to register with the state comptroller. The registration must include the name of the institution or firm, the number of dwellings owned in each county, and any other information required by the comptroller. The comptroller will compile and maintain the information in a searchable online registry. The comptroller may also notify regulatory authorities if a person fails to register as required. The bill directs the comptroller to adopt rules to implement and administer the new registration requirement, including deadlines for registration. The bill takes effect on January 1, 2024.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Referred to Business & Industry (on 03/02/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://capitol.texas.gov/BillLookup/History.aspx?LegSess=88R&Bill=HB1056 |
| BillText | https://capitol.texas.gov/tlodocs/88R/billtext/html/HB01056I.htm |
| Bill | https://capitol.texas.gov/tlodocs/88R/billtext/pdf/HB01056I.pdf |
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