March 28, 2025
In This Issue:
- Texas Legislature 89th Session Update: Texas Senate Passes TLTA Supported County Clerk Recording Fee Bill, Legislative Committee Chair Steve Streiff Testifies in Support of SB 1810
- FinCEN Removes BOI / CTA Reporting Requirements for U.S. Companies and U.S. Persons
Texas Legislature 89th Session Update: Texas Senate Passes TLTA Supported County Clerk Recording Fee Bill, Legislative Committee Chair Steve Streiff Testifies in Support of SB 1810
TLTA | March 27, 2025
Texas Senate passes SB 1547 (County Clerk Recording Fee) – a must pass bill on TLTA’s affirmative legislative agenda affirmative
Earlier this week the Texas Senate passed
SB 1547, the county clerk recording fee bill TLTA is working to pass this session. This important clean-up legislation aims to correct language in the Texas Local Government Code that was amended last legislative session, creating a conflict of law relative to charges for electronic copies for real property records.
Learn more here.
We're grateful for Sen. Zaffirini’s leadership on this legislation and offer our thanks to the Senate who unanimously approved the bill, sending it to the Texas House for that chamber’s consideration. We look forward to working with members of the Texas House, including companion bill author Rep. Orr, to secure final passage of this legislation correcting a problematic and costly drafting oversight from last session.
TLTA Legislative Committee Chair Steve Streiff testifies support of SB 1810 (Stat Report Deadlines)
The Senate Business and Commerce committee met today and discussed
SB 1810, one of the bills on TLTA’s affirmative legislation agenda this session.
Learn more here.
TLTA Legislative Chair Steve Streiff testified at the hearing on behalf of TLTA. The bill is authored by the committee chair, Sen. Schwertner, and committee members had no questions for Steve, which are good signs that the bill is positioned to be sent to the full Senate for consideration. SB 1810 and other bills on the agenda were left pending and will be addressed again at an upcoming committee meeting. You can
watch Steve’s testimony by clicking the image below.
Click image above to watch Steve Streiff's testimony
TLTA’s affirmative legislative agenda for the 89th Session
TLTA's advocacy team is supporting passage of the following bills during the 89th Legislative Session. These statutory changes would improve real estate transactions statewide:
Memorandum of Contract - HB 4063 (Ordaz)
HB 4063 »
Review TLTA's one-pager on this legislation »
Negotiated Rulemaking Implementation - SB 2433 (Parker), SB 2861 (Hughes)
SB 2433 »
SB 2861 »
Deed Fraud Self Help - SB 1734 (West) and HB 4531 (Bhojani)
SB 1734 »
HB 4531 »
Review TLTA's one-pager on this legislation »
Statistical Report Deadlines - SB 1810 (Schwertner) and HB 3502 (Rep. King) Note: Amended language expected pending stakeholder input.
SB 1810 »
HB 3502 »
Review TLTA's one-pager on this legislation »
County Clerk Recording Fee - SB 1547 (Zaffirini) and HB 3733 (Orr)
SB 1547 »
HB 3733 »
Review TLTA’s one-pager on this legislation »
These affirmative legislative agenda items were approved by
TLTA's Board of Directors as recommended by our
Legislative Committee, which is chaired by Steve Streiff. These statutory changes would improve real estate transactions statewide.
Legislation TLTA's Advocacy Team Is Tracking
Bills related to adverse possession, land use, HOA's and more have been filed by lawmakers.
Review the 89th Session Bills of Interest your TLTA Advocacy Team is tracking this session.
Questions About TLTA's Legislative Process?
TLTA's Legislative Committee, Local Legislative Liaisons, our industry's grassroots network and the TLTA PAC Board of Governors are all part of TLTA's team of engaged legislative advocates.
Learn More About TLTA's Legislative Process and How You Can Get Involved »
There are fewer than 66 days remaining in the 89th Legislative Session.
FinCEN Removes BOI / CTA Reporting Requirements for U.S. Companies and U.S. Persons
U.S. Treasury | March 21, 2025
Consistent with the U.S. Department of the Treasury’s
March 2, 2025 announcement, the Financial Crimes Enforcement Network (FinCEN) is issuing an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to FinCEN under the Corporate Transparency Act (CTA).
Read More »