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SJR 60, 85th Regular Session
Proposing a constitutional amendment establishing a lower amount for expenses that can be charged to a borrower and removing certain financing expense limitations for a home equity loan, establishing certain authorized lenders to make a home equity loan, changing certain options for the refinancing of home equity loans, changing the threshold for an advance of a home equity line of credit, and allowing home equity loans on agricultural homesteads.
Last action: Filed with the Secretary of State
Author: Kelly Hancock
Sponsor: Tan Parker
Joint Sponsor: Richard Peña Raymond | Stan Lambert | Oscar Longoria | R. D. "Bobby" Guerra
Session Law Chapter: Acts 2017, 85th R.S., SJR 60
Committee Report (TLC)
Enrolled (Senate Research Center)
Introduced (Senate Research Center)
Committee Report (Senate Research Center)
Committee Report (House Research Organization)
Property Interests--Mortgages & Liens
House Committee: Investments & Financial Services (Tan Parker, Dustin Burrows, Jay Dean, Justin Holland, Eric Johnson, Oscar Longoria, Phil Stephenson)
Senate Committee: Business & Commerce (Kelly Hancock, Donna Campbell, Brandon Creighton, Craig Estes, Robert Nichols, Charles Schwertner, Larry Taylor, John Whitmire, Judith Zaffirini)
Index to Sections Affected
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