TCFA Legislative and Political Update

Legislative TCFA’s Lobbyist Robert Howden has been meeting and talking with Chairman Jim Murphy (R-) and his staff on a possible House Interim Study to review the “Credit Desert” and a possible base rate increase for 342F Lenders.

As you recall, last Session our base rate increase bill was heard in the House Pensions, Investments and Financial Services Committee and there was much discussion about studying this concept between Session. As a rule, bills that are filled that have an Interim Study backing have a much better chance of passing. We hope this will help us next Session.

Stay tuned, we hope to hear about this House Interim Study soon.

Political The House has 3 seats in which the representative member has vacated their seats early effective this month; the Governor has called for special elections in these seats for November 5th. The deadline for candidates to file for the HD28, HD100, and HD148 special elections has past. TCFA, is currently meeting and talking with these candidates for possible TCFA PAC contributions.

House District 28 (Katy/Houston): Rep. -R resigned. This district is 55.8% Republican.  Anna Allred (R-Houston), Anesthesiologist,  (R-Rosenberg), Real estate investor,  Gary Hale (R-Katy), Intelligence and polygraph business owner,  Tricia Krenek (R-Katy), Attorney,  Sarah Laningham (R-Richmond), Salesperson,  Clinton Purnell (R-Katy), Logistics specialist; and,  Eliz Markowitz (D-Katy), Educator.

House District 100 (): Rep. Eric Johnson-D resigned when he became mayor of Dallas. This district 78% Democrat.  James Armstrong III (D-Dallas), Pastor,  Lorraine Birabil (D-Dallas), Attorney,  Daniel Clayton (D-Dallas), Business owner and former aide to Rep. ,  Sandra Crenshaw (Dallas), Former Dallas council member; and,  Paul Stafford (D-Dallas), Attorney.

House District 148 (Houston): Rep. Jessica Farrar-D resigned. This district is 64.2% Democrat.  Rob Block (D-Houston), Firefighter,  Kendra Yarbrough Camarena (D-Houston), Educator and daughter of former House member Ken Yarborough-D.  Carol Denson (D-Houston), Educator and former Houston ISD trustee,  Anna Eastman (D-Houston), Community Advocate,  Adrian Garcia (D-Houston), Paralegal,  Terah Isaacson (D-Houston), Physician,  Michele Leal (D-Houston), Consultant,  Ryan McConnico (R-Houston), Consultant,  Mia Mundy (D-Houston), Consultant,  Penny “Morales” Shaw (D-Houston), Attorney,  Alva Treviño (D-Houston), Attorney,  Chris Watt (D-Houston), Attorney,  Luis La Rotta (R-Houston), Engineer; and,  Chris Carmona (I-Houston), Attorney.