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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

Signed legislation

Companion:

HJR 99 (Very Similar)

Bill Analyses:
Committee Report (TLC)
Enrolled (Senate Research Center)
Introduced (Senate Research Center)
Committee Report (Senate Research Center)
Committee Report (House Research Organization)

Subjects:
HOME EQUITY
LOANS
Property Interests--Mortgages & Liens
Resolutions--Constitutional Amendments

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

Texas Legislature Online

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