Time:
9:00 a.m. or upon adjournment of the Audit Committee meeting
Via Webinar

Webinar ID:
866-885-651

Section A.3 will take up agenda items A1, B2 – B4, and D2 with NO DISCUSSION as notated in bold and italicized

Public comment on any agenda item or issue under the jurisdiction of the Finance Commission of Texas agencies is allowed unless the comment is in reference to a rule proposal for which the public comment period has ended. However, upon majority vote of the Commission, public comment may be allowed related to final rule adoption.

A. Finance Commission Matters

1. Review and Approval of the Minutes of the December 11, 2020 Finance Commission Meeting
    
2. General Public Comment
    
3. Consent Agenda
    
4. Finance Commission Operations
    
5. Audit Committee Report
    
   1. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agencies’ 2021 First Quarter Investment Officer Reports
       
      1. Department of Savings and Mortgage Lending  
      2. Office of Consumer Credit Commissioner  
      3. Texas Department of Banking  
       
   2. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Agencies’ 2021 First Quarter Financial Statements
       
      1. Department of Savings and Mortgage Lending  
      2. Office of Consumer Credit Commissioner  
      3. Texas Department of Banking  
       
   3. Discussion of and Possible Vote to Recommend that the Finance Commission Take Action on the Appointment of a New Grant Advisory Committee Member
       
6. State Auditor’s Office Report on the Self-Reported Implementation of Sunset Advisory Commission Management Actions
    
7. Discussion of and Possible Vote to Take Action Regarding Personnel Matters Pursuant to §551.074, Texas Government Code: Deliberations with Respect to the Duties and Compensation of a Person Holding the Position of Executive Director of the Finance Commission, Deliberations with Respect to the Duties and Compensation of Persons Holding the Position of Agency Commissioner Positions, and Other Staff
    
8. Discussion of and Possible Vote to Take Action Regarding Facility Planning and Real Property Matters Pursuant to §551.072, Texas Government Code: Deliberations Regarding the Purchase, Exchange, Lease or Value of Real Property
    
9. Discussion of and Consultation with Attorney and Possible Vote to Take Action Pursuant to §551.071, Texas Government Code, for the Purpose of Seeking the Advice or Attorney-client Privileged Communications from our Attorneys, Including Matters Related to the Potential Financial Exposure of the Finance Commission Agencies and Their Officers and the Finance Commission and its Officers and Including Matters of Pending and Contemplated Litigation
    
10. Discussion of and Consultation on Security Audit, Possible Issue Related to Confidential or Sensitive Information, Security Breach Audit and Assessment, or Security Assessments or Deployment Related to Information Resources Technology as Authorized by Tex. Govt. Code Secs. 551.076 and 551.089
     

B. Department of Savings and Mortgage Lending

1. Industry Status and Departmental Operations: a) Thrift Regulation Division Activities; b) Mortgage Regulation Division Activities; c) Operations Division Activities; d) Legal Division Activities, including Consumer Complaints and Gift Reporting; and e) Legislative Activities
    
2. Discussion of and Possible Vote to Take Action on the Adoption of Amendments, New Rules, and Repeals in 7 TAC, Part 4, Chapter 75, Concerning Applications, Resulting from Rule Review
    
3. Discussion of and Possible Vote to Take Action on the Adoption of Amendments, and Repeals in 7 TAC, Part 4, Chapter 76, Concerning Miscellaneous, Resulting from Rule Review
    
4. Discussion of and Possible Vote to Take Action on the Adoption of Amendments to 7 TAC §77.10, Concerning Non-Real Estate Commercial Loans, Resulting from Rule Review
    
5. Discussion of and Possible Vote to Take Action on Anticipated and Pending Litigation
    

   Daniel Shea v. Mid America Mortgage, et al.; Cause No. 2019-22261 in the 55th Judicial District Court of Harris County, Texas

    

C. Office of Consumer Credit Commissioner

1. Industry Status and Departmental Operations: a) Consumer Protection and Assistance Division Activities; b) Licensing Division Activities; c) Administration Division Activities; d) Financial Division Activities; e) Legal Division Activities; and f) Legislative Activities
    
2. Discussion of and Possible Vote to Take Action on Anticipated and Pending Litigation
    

   Ernest Polk v. Texas Office of Consumer Credit Commissioner; Cause No. 2018-04375, in the 281st Judicial District Court of Harris County, Texas

D. Texas Department of Banking

1. Industry Status and Departmental Operations: a) Current Issues Affecting Department’s Regulated Entities; b) Bank and Trust Division Activities; c) Corporate Division Activities; d) Non-Depository Supervision Division Activities; e) Administrative, Staffing and Fiscal Division Activities; f) Strategic Support Division Activities including Consumer Complaint Data; g) Legal Division Activities including Enforcement Activity and Gift Reporting; and h) Legislative Activities
    
2. Discussion of and Possible Vote to Take Action on the Adoption of Amendments to 7 TAC §33.13, Concerning Refund of MSB License Application Fees
    
3. Discussion of and Possible Vote to Take Action on Anticipated and Pending Litigation
    

Note: The Finance Commission may go into executive session (close its meeting to the public) on any agenda item if appropriate and authorized by the Open Meetings Act, Texas Government Code, Chapter 551.

Meeting Accessibility: Under the Americans with Disabilities Act, the Finance Commission will accommodate special needs. Those requesting auxiliary aids or services should notify Brenda Medina, Texas Finance Commission, 2601 North Lamar Boulevard, Austin, Texas 78705, (512) 936-6222, as far in advance of the meeting as possible.