How did Ken Paxton vote on consumer lending, insurance and lawsuits?
- Voted against capping payday loans
- Voted against licensing and regulating payday and auto-title lenders
- Voted against making payday lenders disclose their fees
- Voted to expand rules that can make people who sue pay the other side’s legal costs
- Voted to cap what injured patients can recover for pain and suffering at $250,000
2 Voted yea3 Voted nay
The votes
| Session | Bill | Measure | Position | Outcome | Source |
|---|---|---|---|---|---|
| 83rd (2013) | SB 1247 | Voted against capping payday loans SB 1247: Limits on payday and auto-title loans. Would have capped payday loans at 25% or 35% of a borrower’s gross monthly income, limited refinancing and created a statewide database. | Nay | Passed Senate 24–6; died in a House committee. | Senate Journal, 83rd Leg., April 22, 2013, p. 1111 |
| 82nd (2011) | HB 2594 | Voted against licensing and regulating payday and auto-title lenders HB 2594: Licensing and regulation of payday and auto-title lenders. Required businesses that arrange payday and auto-title loans to be licensed and regulated, with administrative penalties. | Nay | Passed House 84–50; he also voted against the final version. Became law. | House Journal, 82nd Leg., May 13, 2011, p. 3870, Record 1047 |
| 82nd (2011) | HB 2592 | Voted against making payday lenders disclose their fees HB 2592: Fee disclosures for payday and auto-title lenders. Required payday and auto-title lenders to give borrowers notices and disclosures about fees and borrowing costs. | Nay | Passed House 123–23; he also voted against the final version. Became law. | House Journal, 82nd Leg., May 12, 2011, p. 3673, Record 990 |
| 82nd (2011) | HB 274 | Voted to expand rules that can make people who sue pay the other side’s legal costs HB 274: Civil lawsuit changes (“loser pays” cost shifting). Provided for early dismissal of baseless suits and expanded shifting of litigation costs after a rejected settlement offer. | Yea | Passed House 96–49; became law. | House Journal, 82nd Leg., May 9, 2011, p. 3220, Record 857 |
| 78th (2003) | HB 4 | Voted to cap what injured patients can recover for pain and suffering at $250,000 HB 4: Civil lawsuit overhaul, including medical-malpractice damage caps. Overhauled civil lawsuits, including class actions and venue, and capped noneconomic damages in health care liability claims at $250,000 per claimant against physicians and providers. | Yea | Passed; conference report adopted 110–34. | House Journal, 78th Leg., June 1, 2003, p. 6041, Record 935 |
What these measures did
- Voted against capping payday loansWould have capped payday loans at 25% or 35% of a borrower’s gross monthly income, limited refinancing and created a statewide database.He voted against it. Passed Senate 24–6; died in a House committee.
- Voted against licensing and regulating payday and auto-title lendersRequired businesses that arrange payday and auto-title loans to be licensed and regulated, with administrative penalties.He voted against it. Passed House 84–50; he also voted against the final version. Became law.
- Voted against making payday lenders disclose their feesRequired payday and auto-title lenders to give borrowers notices and disclosures about fees and borrowing costs.He voted against it. Passed House 123–23; he also voted against the final version. Became law.
- Voted to expand rules that can make people who sue pay the other side’s legal costsProvided for early dismissal of baseless suits and expanded shifting of litigation costs after a rejected settlement offer.He voted for it. Passed House 96–49; became law.
- Voted to cap what injured patients can recover for pain and suffering at $250,000Overhauled civil lawsuits, including class actions and venue, and capped noneconomic damages in health care liability claims at $250,000 per claimant against physicians and providers.He voted for it. Passed; conference report adopted 110–34.