1-1 By: Parker S.B. No. 1075
1-2 (In the Senate - Filed March 12, 1993; March 15, 1993, read
1-3 first time and referred to Committee on Economic Development;
1-4 March 30, 1993, reported adversely, with favorable Committee
1-5 Substitute by the following vote: Yeas 9, Nays 1; March 30, 1993,
1-6 sent to printer.)
1-7 COMMITTEE VOTE
1-8 Yea Nay PNV Absent
1-9 Parker x
1-10 Lucio x
1-11 Ellis x
1-12 Haley x
1-13 Harris of Dallas x
1-14 Harris of Tarrant x
1-15 Leedom x
1-16 Madla x
1-17 Rosson x
1-18 Shapiro x
1-19 Wentworth x
1-20 COMMITTEE SUBSTITUTE FOR S.B. No. 1075 By: Parker
1-21 A BILL TO BE ENTITLED
1-22 AN ACT
1-23 relating to payment of fees for registration and licensing under
1-24 Title 79, Revised Statutes.
1-25 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-26 SECTION 1. Article 8.01, Title 79, Revised Statutes (Article
1-27 5069-8.01, Vernon's Texas Civil Statutes), is amended by adding
1-28 Section (i) to read as follows:
1-29 (i) Any person who has or obtains a registration or license
1-30 required by this Title, which registration or license was obtained
1-31 at any time after the date on which the registration or license was
1-32 required, may pay to the Consumer Credit Commissioner all
1-33 registration or license fees that should have been paid pursuant to
1-34 this Title for any and all prior years, plus a late filing fee
1-35 pursuant to this section. In the case of a person who has or
1-36 obtains a registration, the late filing fee shall be $250 except
1-37 that, if the person renews a registration within 30 days after the
1-38 due date, there shall be no penalty. If a person pays the required
1-39 registration fees for the prior periods and the late filing fee,
1-40 the person shall be deemed for all purposes to have had the
1-41 required registration for the periods for which the registration
1-42 fees have been paid. In the case of a person who has or obtains a
1-43 license, the late filing fee shall be $10,000 except that if the
1-44 person previously had a license and the prior license was in good
1-45 standing at the time of its lapse, and the person renews such
1-46 license within 180 days of its lapse, the late filing fee shall be
1-47 $1,000. If a person has or obtains a license and pays the required
1-48 license fees for prior periods and the late filing fee, the person
1-49 shall be deemed for all purposes to have had the required license
1-50 for such periods but only as to loans as to which the person has
1-51 not contracted for, charged, or received interest in excess of that
1-52 which would be allowed under Article 1.04(a) as modified by Article
1-53 1.04(b) of this Title. A person who is deemed to have had a
1-54 registration or license pursuant to this section shall not be
1-55 subject to any liability, forfeiture, or penalty under this Title
1-56 or other law, other than as set forth in this section, resulting
1-57 from or relating to the fact that the person did not have the
1-58 registration or license at or during the earlier periods for which
1-59 the required registration or license fees and late filing fee, as
1-60 provided in this section, have since been paid. The acquisition of
1-61 the registration or license and payment of the filing fees and late
1-62 filing fee by a person shall also inure to the benefit of that
1-63 person's employees, agents, employers, representatives,
1-64 predecessors, successors, and assigns but not to the benefit of any
1-65 other person who should have been licensed under this Title.
1-66 SECTION 2. The importance of this legislation and the
1-67 crowded condition of the calendars in both houses create an
1-68 emergency and an imperative public necessity that the
2-1 constitutional rule requiring bills to be read on three several
2-2 days in each house be suspended, and this rule is hereby suspended,
2-3 and that this Act take effect and be in force from and after its
2-4 passage, and it is so enacted.
2-5 * * * * *
2-6 Austin,
2-7 Texas
2-8 March 30, 1993
2-9 Hon. Bob Bullock
2-10 President of the Senate
2-11 Sir:
2-12 We, your Committee on Economic Development to which was referred
2-13 S.B. No. 1075, have had the same under consideration, and I am
2-14 instructed to report it back to the Senate with the recommendation
2-15 that it do not pass, but that the Committee Substitute adopted in
2-16 lieu thereof do pass and be printed.
2-17 Parker,
2-18 Chairman
2-19 * * * * *
2-20 WITNESSES
2-21 FOR AGAINST ON
2-22 ___________________________________________________________________
2-23 Name: William Daniel x
2-24 Representing: John Deere Credit Co.
2-25 City: Austin
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2-27 Name: D. R. (Rod) Malone x
2-28 Representing: Boating Trades Assoc. of Tx
2-29 City: Austin
2-30 -------------------------------------------------------------------
2-31 Name: Jerry Keesee x
2-32 Representing: Tx Recreational Vehicle Assn.
2-33 City: Austin
2-34 -------------------------------------------------------------------
2-35 Name: Gene Fondren x
2-36 Representing: Tx Automobile Dealers Assn.
2-37 City: Austin
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