Feb. 22, 2017
Bills TLTA Is Following This Session
It’s less than two months into the legislative session, and more than 3,000 bills have already been filed. Lawmakers have until March 10 to file proposed legislation so that number will continue to grow. Out of those more than 3,000 bills, TLTA is currently actively following 44 bills on topics including:
- Title insurance regulations
- Eminent domain
- Partition of real estate
- Powers of attorney
- Real estate transactions
- Mineral interests
- Access to public records
- Privacy issues
- Franchise tax
- Tax issues
- Electronic filing
- Remote e-notary
- Sales price disclosure
TLTA has compiled a list of the bills we are actively following, a brief description and links so you can track them as well. Throughout the session, we will continue to update the status of these bills and add new ones we are tracking so you can stay informed and follow the progress of these proposed new laws that would affect your business.
See Bills We're Following »
Remote E-Notary Bill Filed in Texas – TLTA Working With Stakeholders
Rep. Tan Parker, Chairman of the Investment and Financial Services Committee, has filed HB 1217, a bill establishing the framework for remote e-notarization in Texas. The Texas Mortgage Bankers Association is championing this bill and working closely with the notary industry, the Secretary of State’s office and the title industry to craft a bill that will address the concerns of all the stakeholders. There will be subsequent revisions to the filed bill incorporating this feedback.
TMBA is also working with ALTA to take into account the feedback from the national title insurance industry, in addition to TLTA members. ALTA recently sent a letter
to the National Association of Secretaries of State offering support of efforts to promote the understanding of remote electronic notarizations. The organization has also formed a work group establishing principles for legislation creating remote e-notary procedures. Additionally, the ALTA work group is currently focusing on HB 1217 as a potential model bill for the nation.
Virginia and Montana have recently enacted remote e-notarization laws that have been met with concern by the national title industry. Additionally, in many state legislatures around the country, bills have been filed to create a remote e-notary option. The goal of the current stakeholders is to craft a bill that can serve as a national model and address some of the problems identified with the new statutes in other states.
In addition, Dateline Austin published a story
on Jan. 19 (second story down) about e-notaries and Texas, referencing Quicken's recent push for e-notarization.