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Ok, I am certainly not a lawyer or expert but they made us learn this in the CHL class.
If you google CHL-16 you get to the .pdf of the relevant laws.
This is copied directly from that document:
GC ยง411.187. SUSPENSION OF LICENSE
. (a) The department shall suspend a
license under this section if the license holder:
(1) is charged with the commission of a Class A or Class B misdemeanor
or equivalent offense, or of an offense under Section 42.01, Penal Code, or
equivalent offense, or of a felony under an information or indictment;
(2) fails to notify the department of a change of address, name, or status as
required by Section 411.181;
(3) commits an act of family violence and is the subject of an active protective
order rendered under Title 4, Family Code; or
(4) is arrested for an offense involving family violence or an offense under
Section 42.072, Penal Code, and is the subject of an order for emergency
protection issued under Article 17.292, Code of Criminal Procedure.
There is a ton more but it seems to be that being indicted for a felony uner 1) above means they suspend his CHL.
Please note, I am not an authority and my cynical nature suggests that, as a powerful politician, he may get exceptional treatment.
But to answer the original question, it seems from the law he looses his CHL. I do not think he looses his firearms unless he is convicted of a felony, but I think that is under Federal law, not the state CHL law.
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