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Bill

HB 4738

Relating to the elimination of the remittance of a portion of certain loan administration fees to the comptroller.

89th Legislature (2025) Introduced by Charlie Geren and 1 co-sponsor

Texas eliminates requirement to remit portion of loan administration fees to state comptroller, retaining funds with fee collectors instead, effective January 1, 2026.

Effective on 1/1/26
#comptrollerofpublicaccounts(v2608) #fees&othernontaxrevenue--state(i0362) #loans(s0117) #statefinances--management&control(i0748)
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Bill Summary · HB 4738

Legislative bill overview

HB 4738 eliminates the requirement for certain loan administration fees to be remitted to the Texas Comptroller's office. Instead of a portion of these fees flowing to the state treasury, they will be retained by the entities collecting them. The bill became effective January 1, 2026.

Why is this important

This change affects state revenue by redirecting funds that previously went to the comptroller's general revenue fund. Depending on the volume and types of loans involved, this could represent a meaningful reduction in state income. It may also alter how loan administration costs are distributed between loan servicers and the state.

Potential points of contention

  • State revenue impact: Eliminates a revenue stream to the state treasury without apparent corresponding budget adjustments or identified alternative funding sources
  • Lack of fiscal note detail: The bill's specific financial impact on state operations is unclear from available information, raising questions about whether the costs were properly evaluated
  • Beneficiaries unclear: The bill benefits loan servicers or administrators who retain fees, but the public benefit or policy rationale is not explicitly stated in the summary provided

Compiled from official sources — confirm details with the bill’s official record.

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