By: Brimer S.B. No. 1526
A BILL TO BE ENTITLED
relating to certain information filed by a person who holds a
license issued by, or applies for a license to be issued by the
office of the consumer credit commissioner.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 348.502, Finance Code, is amended by
adding Subsections (c) and (d) to read as follows:
(c) Information contained in an application or other
information relating to a license holder or license applicant on
file with the commissioner is not a public record, is confidential,
and, except as required by court order, is not subject to public
inspection under this or other law.
(d) Notwithstanding the terms of this code or other law, the
commissioner may not:
(1) require the production of fingerprints of a person
who is not regularly and actively engaged in the conduct of the
business of the applicant or license holder; or
(2) suspend, revoke, or refuse to grant a license
based on the failure of the applicant or license holder to produce
the fingerprints of a person who is not regularly and actively
engaged in the conduct of the business of the applicant or license
SECTION 2. This Act takes effect September 1, 2003.