88R HB 4219
by Rep. Lambert, same lead author · Vetoed · reworked
Introduced textLast action, Jun 18, 2023: Vetoed by the Governor
Relating to the maximum rate or amount of interest of certain consumer loans.
Caption, 88R bill history
HB 4339
bill raising interest rate caps on some consumer loans
Died in committee
Verdict: No flags
No flagsInitial review
Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
Caption
relating to increasing the interest rate of certain consumer loans.
Caption from analyzed text · version I.
Summary
Chapter 342 loans not secured by real estate.
The bill raises the maximum interest rates that lenders may charge on certain consumer loans not secured by real estate under Chapter 342 of the Finance Code. It touches lenders making these loans and the borrowers who take them, with caps on the three loan tiers rising from 30, 24 and 18 percent a year to 36, 30 and 24 percent a year. New loans made on or after September 1, 2025, can carry the higher rates, while older loans and their refinances or renewals stay under the old caps.
Labels
Labels: ZOMBIE BILL. Died 2 times: 88R HB 4219 (Vetoed) and this bill (Died in committee). Checked against 88R only.DO-OVER. Reworked text of a bill filed before that died: 88R HB 4219 (Vetoed). Filed in 2 sessions, counting this one. Checked against 88R only.TRY NO. 2. Filed in 2 sessions: 88R and 89R. Checked against 88R only.PENDING FOREVER. Heard by the House Pensions, Investments & Financial Services committee on Apr 23, 2025 and left pending. Never voted out. The bill died.
Receipt
The receipt
89R-HB4339 · 2025-03-11
SOLD BY
ITEM
relating to increasing the interest rate of certain consumer loans.
WHAT IT DOES
Chapter 342 loans not secured by real estate.
The bill raises the maximum interest rates that lenders may charge on certain consumer loans not secured by real estate under Chapter 342 of the Finance Code. It touches lenders making these loans and the borrowers who take them, with caps on the three loan tiers rising from 30, 24 and 18 percent a year to 36, 30 and 24 percent a year. New loans made on or after September 1, 2025, can carry the higher rates, while older loans and their refinances or renewals stay under the old caps.
CHARGES
[ ] NONE FOUND
TOTAL
No fiscal implication to the State is anticipated.
LBB estimate · fiscal note version I · source
Sources
Fiscal note · version I · April 21, 2025
No first-year general revenue figure available here.
LBB published estimates · flow over the stated periods.
Source snapshot 2026-10-19, Central time.
HISTORY
- Filed
- Read first time
- Referred to Pensions, Investments & Financial Services
- Scheduled for public hearing on . . .
- Considered in public hearing
- Testimony taken/registration(s) recorded in committee
- Left pending in committee
FILED UNDER
No verified beat found.
No flags
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
CAMPAIGN PAID FOR BY
Donors
Douglas Robison$5,000Kurt Arnold$5,000Jason Itkin$5,000
Not tied to this bill.
Sources
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Nov 7, 2024 to Jun 23, 2025. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
Douglas Robison$5,000.00
Kurt Arnold$5,000.00
Jason Itkin$5,000.00
MoneyMissing data does not establish zero giving. Display amounts are rounded.
Votes
No floor vote loaded for this bill.
Fiscal
No fiscal implication to the State is anticipated.
LBB estimate · fiscal note version I · source
Sources
Fiscal note · version I · April 21, 2025
No first-year general revenue figure available here.
LBB published estimates · flow over the stated periods.
Source snapshot 2026-10-19, Central time.
How this was graded
Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.
FILED BEFORE
Filed 2 times: 88R and 89R. Checked against 88R only.
Sources
Texas House · Filed Mar 11, 2025
04/23/2025 H Left pending in committee
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
House committee · Pensions, Investments & Financial Services · Final status: Died in committee
Companion
SB 1906 by Creighton (identical)
Subjects
Business & Commerce--General
Financial--General
Financial--Savings & Loans
LOANS
Text
The text as introduced · 312 words
89R6240 MLH-D By: Lambert H.B. No. 4339 A BILL TO BE ENTITLED AN ACT relating to increasing the interest rate of certain consumer loans. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 342.201(e), Finance Code, is amended to read as follows: (e) A loan contract under this chapter that is not secured by real property may provide for a rate or amount of interest computed using the true daily earnings method or the scheduled installment earnings method that does not exceed: (1) 36 [ 30 ] percent a year on that part of the cash advance that is less than or equal to the amount computed under Subchapter C, Chapter 341, using the reference base amount of $500; (2) 30 [ 24 ] percent a year on that part of the cash advance that is more than the amount computed for Subdivision (1) but less than or equal to an amount computed under Subchapter C, Chapter 341, using the reference base amount of $1,050; and (3) 24 [ 18 ] percent a year on that part of the cash advance that is more than the amount computed for Subdivision (2) but less than or equal to an amount computed under Subchapter C, Chapter 341, using the reference base amount of $2,500. SECTION 2. The change in law made by this Act applies only to a loan made on or after the effective date of this Act. A loan made before the effective date of this Act is governed by the law in effect on the date the loan was made, and the former law is continued in effect for that purpose. For purposes of this section, a refinance or renewal of a loan is considered made on the date the loan being refinanced or renewed was made. SECTION 3. This Act takes effect September 1, 2025.