Texas should not limit homeowners’ access to capital through tax lien lending by imposing new notification requirements. Consumers benefit from tax lien lending by being able to work through tough economic times. Governments benefit from tax lien lending because they receive tax payments in a more timely fashion. Even mortgage lenders benefit from tax lien lending...
Reform of the Texas homeowners’ insurance market in 2003 called for a file-and-use regulatory system. However, in 2009, the Sunset Review Commission’s Staff Report on the Texas Department of Insurance (TDI) rightly concluded that the “Legislature cannot judge the success of the shift to file-and-use rate regulation because the system has not been fully implemented.”...
Texas governments received $84.3 billion in federal funding in 2023, raising concerns over financial dependency and regulatory consequences. Creating an Office of State Sovereignty to monitor the application, receipt, and conditions of this aid could mitigate fiscal risk and improve transparency. Key points: Texas lacks a centralized system to oversee federal grants potentially flowing to...