Sen. Ellis Statement on Passage of Houston's Predatory Lending Ordinance
(Austin, Texas) - Senator Rodney Ellis (D-Houston) released the following statement:
"I want to commend Mayor Annise Parker and the Houston City Council for having the wisdom and resolve to pass the Consumer Protection and Regulation of Credit Access Businesses ordinance. Mayor Parker and Council Members faced very strong opponents with a lot of money and influence and should be applauded for doing the right thing anyway. Houston now joins ten other Texas cities that have stepped up to plate and passed a strong ordinance to protect its citizens from the most egregious practices of the predatory lending industry."
"Last session I, along with members from both sides of the political aisle, opposed an omnibus statewide bill because it was too weak due to industry influence. Plus, it would have prevented Houston from passing just such a strong ordinance that would truly protect our constituents. Next session, I plan on introducing thoughtful legislation that will actually protect Texans and preserve local control. I am very grateful to Mayor Parker and Houston City Council for sending a message to the state legislature that Houstonians will not settle for any less."