November 14, 2018


In This Issue:

  • Dennis Bonnen Says He Has the Votes to Become Next Speaker of Texas House
  • Texas Lawmakers File More Than 400 Bill Proposals as 2018 Session Prep Begins
  • VIDEO: Congresswoman Maxine Waters Comments on Issues House Financial Services Committee Will Address If She's Appointed Chair
  • Federal Election Results, Impact On Financial Services Committee, 2019 Outlook
  • JUST RELEASED: Complete Schedule, Detailed Brochure for 2019 Land Title School of Texas

Dennis Bonnen Says He Has the Votes to Become Next Speaker of Texas House

Texas Tribune | Nov. 12, 2018
State Rep. Dennis Bonnen announced Monday that he has support from 109 members to become the next speaker of the Texas House. That number, if it holds, is more than enough votes for him to win the gavel.

The Angleton Republican’s announcement came at a press conference not long after four other speaker candidates — Republicans Tan Parker, Four Price and Phil King, along with Democrat Eric Johnson — dropped out of the race within 48 hours. All four endorsed Bonnen, an outspoken and aggressive member of House leadership in recent years, upon removing their names from consideration. A spokesperson for Bonnen released the list of 109 House members supporting his speaker bid shortly after Monday's press conference adjourned.

“We are here to let you know the speaker's race is over, and the Texas House is ready to go to work,” said Bonnen, who was flanked by at least two members of the hardline conservative Texas House Freedom Caucus — Jeff Leach of Plano and Mike Lang of Granbury — and state Rep. Tom Craddick, a Midland Republican and former speaker, among other Republican and Democrats.
 
His list of supporters includes a wide range of lawmakers — from hardline conservatives like Rep. Briscoe Cain, R-Deer Park, to moderates like Rep. Sarah Davis, R-West University Place, to Democrats like Rep. Nicole Collier, D-Fort Worth.
 
When asked by reporters what the House's No. 1 priority would be during the 2019 legislative session, Bonnen suggested school finance would be at the top of members' lists.
 
Shortly after Bonnen wrapped up his news conference, campaigns for Republicans Travis Clardy and Drew Darby — the last two House members in the race, aside from Bonnen — confirmed to The Texas Tribune that they were withdrawing. Monday night, Darby endorsed Bonnen.
 
Read More »
Press Release from Bonnen With List of Member Pledges »

Texas Lawmakers File More Than 400 Bill Proposals as 2018 Session Prep Begins

Dallas Morning News | Nov. 12, 2018
Texas lawmakers filed more than 400 bills Monday, the first day legislators could submit ideas for laws they want to enact next year.
 
The 181 members of the Texas House and Senate have until March 8 to file bills. The Legislature, which meets once every two years for 140 days, will kick off its next session on Jan. 8.
 
In 2017, lawmakers filed more than 13,000 bills and resolutions. Just around 10 percent became law. That year, the most heated debates took place over immigration policy and LGBTQ rights. In 2019, top GOP leaders have pledged to focus on property taxes, while both parties have expressed an interest in tackling the state's long-maligned method of funding public schools. 
 
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VIDEO: Congresswoman Maxine Waters Comments on Issues House Financial Services Committee Will Address If She's Appointed Chair

Bloomberg | Nov. 7, 2018
U.S. Rep. Maxine Waters, a California Democrat, comments on the results of the midterm elections and discusses the top issues the House Financial Services Committee will address if she is elected chair. She speaks with Bloomberg's Kevin Cirilli on "Bloomberg Markets: What'd You Miss?"
 
Watch the Video »
 

Federal Election Results, Impact On Financial Services Committee, 2019 Outlook

James Hyland, Esq., TLTA Federal Legislative Counsel | Nov. 7, 2018

What happened to Texas' Congressional delegation during the recent election?
 
Texas will have 10 new House Members, the most in recent memory. Four are Democrats and six are Republicans.
 
New Democrat Members are Colin Allred (defeating Pete Sessions), Lizzie Fletcher (defeating John Culberson), Veronica Escobar (replacing Beto O’Rourke), and Sylvia Garcia (replacing Gene Green).
 
New Republicans will be Van Taylor (replacing Sam Johnson), Lance Gooden (replacing Jeb Hensarling), Dan Crenshaw (replacing Ted Poe), Ron Wright (replacing Joe Barton), Chip Roy (replacing Lamar Smith), and Michael Cloud (replacing Blake Farenthold).

It is believed that Van Taylor and Lance Gooden may seek a seat on the House Financial Services Committee.
 
With the Democrats taking control of the House, chairmanships will change hands on key committees. What will be the focus on the new U.S. House Financial Services Committee under the leadership of a Democrat?

  • Housing issues and in particular public housing reform.
  • Protecting and strengthening the CFPB.
  • Possibly reform of Fannie Mae and Freddie Mac and pulling them out of government receivership.
  • Making it easier to bank cannabis businesses.
  • Legislation on credit reporting bureaus.
  • Enhancing oversight over the largest banks and preserving as much of Dodd-Frank as possible.
If there is to be any business friendly or deregulatory relief legislation, it will be driven by moderate and more junior members of the House Financial Services Committee who have supported some of these efforts on a bi-partisan basis.
 
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JUST RELEASED: Complete Schedule, Detailed Brochure for 2019 Land Title School of Texas

TLTA | Nov. 13, 2018
The complete schedule for 2019 Land Title School of Texas has been released, and we are pleased that this year's lineup of premier instructors promise to deliver a one-of-a-kind educational experience perfect for anyone who needs to learn the basics of our industry, as well as established employees who are preparing to take on new roles within the industry. 
 
Program Highlights:
  • Learn industry basics, including the process of a typical residential closing.
  • Classes include sessions on current procedures, rules, forms and laws affecting title insurance in Texas.
  • Interactive testing reinforces students learning and retention. Final reports detail each student's testing performance.
  • Earn you up to 20 hours toward applying for your TLTA professional certification exam.
  • Escrow, MCLE and TREC credit available. 
This program is expected to sell-out. Don't miss this opportunity to register your team today. The Land Title School of Texas has graduated more than 6,500 students, and we continue to be the gold standard for title industry education in Texas! 
 
Learn More »
Register Now » 

TLTA has scheduled a variety of live webinars for 2018! Register now, or explore our library of more than 80 On-Demand webinars and videos covering the title industry topics you need!