There is plenty of activity at the Texas Capitol these days, and your IBAT staff is busy on a number of fronts. First and foremost, Chairman Rene Oliveira’s HB 1936 is facing some unfriendly fire in the Calendars Committee. Please refer to the most recent Legislative Insider for a critical call to action. If you are concerned about the property tax lien issue, the time to contact your state representative is now.
We are pleased to report that our proactive agenda is moving through the process, and we will provide a more thorough update after the events of the week unfold. Especially noteworthy is the quick movement of SB 1457 (Nichols) that will free “end users” from frivolous patent troll lawsuits. This bill is on the Senate Intent Calendar this week.
Among the bills being heard in committee this week are three initiatives addressing the ongoing problem of data breaches. We are pleased that Scott Sharp of Sharp BancSystems will provide testimony on this important issue on Wednesday.
As more of the activity turns toward floor action, you will have opportunities to weigh in with your elected officials. Please watch for additional action alerts in the coming weeks. Your engagement in the process is appreciated and critical to success for community banking.