Texas Changes to Closing Requirements for Home Equity Loans Amendment (2023)
Texas Changes to Closing Requirements for Home Equity Loans Amendment | |
---|---|
Election date November 7, 2023 | |
Topic Banking | |
Status Not on the ballot | |
Type Constitutional amendment | Origin State legislature |
The Texas Changes to Closing Requirements for Home Equity Loans Amendment was not on the ballot in Texas as a legislatively referred constitutional amendment on November 7, 2023.[1]
The amendment would have authorized the state legislature to pass laws to allow exceptions to the constitutional requirement that the closing of a home equity loan must occur at the office of the lender, an attorney at law, or a title company.[2]
Text of measure
Full text
The full text of the amendment can be read here.
Path to the ballot
- See also: Amending the Texas Constitution
To put a legislatively referred constitutional amendment before voters, a two-thirds (66.67%) vote is required in both the Texas State Senate and the Texas House of Representatives.
This amendment was introduced as House Joint Resolution 20 on February 28, 2023. On April 27, 2023, the state House passed HJR 20 by a vote of 147-0 with three not voting.[1]
Vote in the Texas House of Representatives | |||
Requirement: Two-thirds (66.67 percent) vote of all members in each chamber | |||
Number of yes votes required: 100 | |||
Yes | No | Not voting | |
---|---|---|---|
Total | 147 | 0 | 3 |
Total percent | 98.0% | 0.0% | 2.0% |
Democrat | 63 | 0 | 1 |
Republican | 84 | 0 | 2 |
See also
External links
Footnotes
State of Texas Austin (capital) | |
---|---|
Elections |
What's on my ballot? | Elections in 2024 | How to vote | How to run for office | Ballot measures |
Government |
Who represents me? | U.S. President | U.S. Congress | Federal courts | State executives | State legislature | State and local courts | Counties | Cities | School districts | Public policy |