You can now share text template compositions between After Effects CC 2017 and Premiere Pro CC 2017 as a single, packaged file that contains all of the assets required for that composition.

In Premiere Pro the template behaves like any other imported footage, with the added ability to modify the text. This means that an After Effects artist can easily pass a template to their editor as a single file. Also, while After Effects needs to be installed on the same computer as Premiere Pro, this copy of After Effects does not need to be licensed.

To save a composition as a text template file (.aecap), choose Composition > Export Composition As Text Template. The same command can be found in the File > Export menu, or when you right-click on a composition in the Project panel.

The existing live text template workflow, importing an After Effects composition into Premiere Pro via Dynamic Link, still works but with one change: the Template option in Composition Settings > Advanced has been removed. Now, any composition with unlocked text layers can now be used as a live text template.

After-Effects-Tutorial-2017
After Effects Tutorial 2017 – Tutorial After Effects Planet

Regardless of whether you use the new or existing text template workflow, changing the text in Premiere Pro continues to work the same: only unlocked text layers can be changed, and you edit the text in the Effect Controls panel.

After Effects Tutorial 2017 – Tutorial After Effects Planet