Colony Ridge’s defense lawyer and lobbying group teamed up to draft legislation that would exempt Texas developments like Colony Ridge from consumer protection laws

A Texas bill would carve out an exemption in mortgage origination laws for Texas residential real estate developers, threatening to embolden developments like Colony Ridge that cater to illegal aliens and foreign nationals.

The legislation has already passed through the House Committee on Pensions, Investments , and Financial Services but is still under consideration in the Senate ’s Business and Commerce Committee .

The bill would strip the Texas Department of Savings and Mortgage Lending's authority to regulate residential developers who provide mortgage loans.

Rep. Ryan Guillen , a Democrat -turned- Republican , received $ 14,000 from the now-defunct Texas Land Developers Association PAC.

The legislation is now being carried in the Texas House by a representative who’s accepted $ 20,000 .

The bill has a companion legislation sponsored by Sen. Adam Hinojosa of the 27th district in the Senate .