Feb. 15, 2023
In This Issue:
- 88th Texas Legislature: Lt. Gov. Names Session Priorities, TLTA Bills of Interest, and More
- TDI Posts Job for Title Specialist
- FinCEN Invites Nominations for Membership on the Bank Secrecy Act Advisory Group
- It's Not Too Late to Register for Tomorrow's Compliance Webinar: Completing the T-S1, T-S5, T-G.1,and Wind Down Plan
88th Texas Legislature: Lt. Gov. Names Session Priorities, TLTA Bills of Interest, and More
TLTA | Feb. 15, 2023
The Lt. Gov. issued the
Texas Senate's 88th Session priorities this week, including property tax-related bills.
Tomorrow, Thursday, Feb. 16, the Governor will deliver his
state of the state address.
ICYMI: Trust as Grantee Clarification Bill Filed
There are currently three issues on TLTA's affirmative agenda for the legislative session in progress at the state Capitol in Austin, and we are pleased to announce that Sen. Hughes, chair of the Senate's powerful State Affairs Committee and past author of legislation important to our indusrty, has filed a bill that would accomplish important objectives on our industry's session agenda. Senate Bill 801 would clarify that a deed conveying title to a trust (as opposed to naming the trustee of that trust) should be deemed to be a conveyance into the trustee – an important priority for our industry this session.
Review Senate Bill 801 »
Review TLTA's Affirmative Legislative Agenda One-Pager Related to SB 801 »
Other Bills to Watch
TLTA's legislative team reviews all bills filed during the session and monitors those that might impact our industry or the state's real estate marketplace. If these bills begin to move through the process and TLTA takes official positions on them, we’ll provide more detailed information about our stance and how they might affect you and your business.
Review Current Bills to Watch List.
TDI Posts Job for Title Specialist
The Texas Department of Insurance posted notice they're hiring a title insurance specialist.
Review TDI's Job Posting for Title Specialist »
TLTA Editor's Note: Don't foget that TDI form T–S5, your quarterly withholding tax report for the fourth quarter of 2022, is due today, Feb. 15. Please email your completed form to [email protected].
FinCEN Invites Nominations for Membership on the Bank Secrecy Act Advisory Group
FinCEN | Feb. 13, 2023
The Financial Crimes Enforcement Network (FinCEN) is inviting nominations for membership on the Bank Secrecy Act Advisory Group (BSAAG). BSAAG membership is open to financial institutions subject to the Bank Secrecy Act (BSA), trade groups with members that are subject to the BSA, and federal and non-federal regulators and law enforcement agencies that are located within the United States. Membership is granted to organizations, not to individuals. Organizational members will be selected to serve a three-year term. Please see the
Federal Register Notice for important details about the nominations process.
It's Not Too Late to Register for Tomorrow's Compliance Webinar
Completing the T-S1, T-S5, T-G.1, and Wind Down Plan
1 hr Escrow
Featuring TDI staff answering questions live tomorrow, Thursday, Feb. 16, 10:30 a.m.
Title Examinations requires several forms to be submitted to the Title Examinations section of the Texas Department of Insurance. This
Completing Title Examinations Required Forms Webinar covers the four required forms that must be submitted to Title Examinations. This beginner webinar will cover each form and detail the requirements for each.
Register Now
Upon completion of this webinar, attendees will learn how to properly complete and submit:
- Title Agent’s Unencumbered Assets Certification (Form T-S1)
- Wind Down Plan
Title Agent Certification of Agent’s Quarterly Tax Reports (Form T-S5)
- Policy Guaranty Fee Remittance Form (Form T-G1)
- This course will provide valuable information on the following course content:
- Title insurance law, rules, and regulations
- Management of the licensee’s title insurance business
- Duties and responsibilities of the title insurance agent
Presenter:
Arturo Bustamante
Director, Financial Regulation Division – Title Examinations
Texas Department of Insurance
CE Credits:
1 hr Escrow
Webinar Rating: (Beginner)
Cost: $40 for TLTA members / $54 for non-members
Watch it live tomorrow and ask the TDI presenter questions
Tomorrow, Thursday, Feb. 16, 2023
10:30 - 11:30 a.m.
Register Now