73R6714 T
          By Eckels                                             H.B. No. 2218
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the conduct of certain business or commercial
    1-3  transactions.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Subsections (a) and (b), Article 6.10, Title 79,
    1-6  Revised Statutes (Article 5069-6.10, Vernon's Texas Civil Statutes)
    1-7  are amended to read as follows:
    1-8        (a)  A seller may charge a documentary fee for services
    1-9  rendered to, for, or on behalf of a retail buyer in preparing,
   1-10  handling, and processing documents relating to, and closing a
   1-11  retail installment transaction involving, a motor cycle, a
   1-12  motor-driven cycle, moped, <or> all-terrain vehicle, a boat, boat
   1-13  motor, or boat trailer.  If the documentary fee is charged:
   1-14              (1)  it must be charged to both cash and credit buyers;
   1-15              (2)  it may not exceed $50 <25>; and
   1-16              (3)  it must be disclosed on the retail installment
   1-17  contract as a separate itemized charge.
   1-18        (b)  Preliminary worksheets that are shown to the buyer in
   1-19  which a sale price is computed, an order from the buyer, and the
   1-20  retail installment contract must include, in reasonable proximity
   1-21  to the place in the worksheet, order, or contract where the
   1-22  documentary fee is disclosed, the amount of the fee and the
   1-23  following notice in bold-faced type:
   1-24  "A DOCUMENTARY FEE IS NOT AN OFFICIAL FEE AND IS NOT REQUIRED BY
    2-1  LAW, BUT MAY BE CHARGED TO A BUYER FOR THE HANDLING OF DOCUMENTS
    2-2  AND THE PERFORMING OF SERVICES RELATED TO THE CLOSING OF A SALE.  A
    2-3  BUYER MAY AVOID PAYMENT OF THE FEE BY HANDLING THESE DOCUMENTS AND
    2-4  PERFORMING THESE SERVICES.  A DOCUMENTARY FEE MAY NOT EXCEED $50
    2-5  <25>.  THIS NOTICE IS REQUIRED BY LAW."
    2-6        SECTION 2.  The importance of this legislation and the
    2-7  crowded condition of the calendars in both houses create an
    2-8  emergency and an imperative public necessity that the
    2-9  constitutional rule requiring bills to be read on three several
   2-10  days in each house be suspended, and this rule is hereby suspended,
   2-11  and that this Act take effect and be in force from and after its
   2-12  passage, and it is so enacted.