Finance Code › Title 5 › Chapter 394 › Subchapter C

Texas Finance Code § 394.2101

Adjustment of Amounts of Fees or Other Charges

Debtor Assistance · Consumer Debt Management Services

(a) The commissioner shall compute and publish the dollar amounts of fees or other charges in amounts different from the amounts of fees or other charges specified in Section 394.210 to reflect inflation, as measured by the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics of the United States Department of Labor or, if that index is not available, another index adopted by finance commission rule. The commissioner shall adopt a base year and adjust the dollar amounts, effective on July 1 of each year, if the change in the index from the base year, as of December 31 of the preceding year, is at least 10 percent. The dollar amounts specified in Section 394.210 must be rounded to the nearest dollar.

(b) The commissioner shall notify registered providers of any change in dollar amounts made under Subsection (a) and make that information available to the public.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2011, 82nd Leg., R.S., Ch. 368 (S.B. 141), Sec. 8, eff. September 1, 2011.

Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371), Sec. 31, eff. September 1, 2023.

This section refers to

§ 394.210

Sections that refer to this one

§ 394.210