(a) Each year the commissioner shall compute, in accordance with Section 341.203, the amount of each:
- (1) ceiling on a cash advance regulated under this subtitle that is required to be revised; and
- (2) bracket that establishes a range of cash advances or balances to which a maximum charge provided by this subtitle applies and that is required to be revised.
- (b) The revised ceiling or bracket amount takes effect on July 1 of the year of its computation.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.