H.B. No. 2674 1-1 AN ACT 1-2 relating to the charging of interest under certain agreements. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section (4), Article 1.06, Title 79, Revised 1-5 Statutes (Article 5069-1.06, Vernon's Texas Civil Statutes), is 1-6 amended by adding Subsection (D) to read as follows: 1-7 (D) A person has no civil liability to an obligor and no 1-8 criminal liability for a violation of this Subtitle resulting 1-9 solely from contracting for, charging, or receiving the interest 1-10 provided in Article 1.03 of this Subtitle prior to the 30th day 1-11 after the debt is due and payable. 1-12 SECTION 2. The importance of this legislation and the 1-13 crowded condition of the calendars in both houses create an 1-14 emergency and an imperative public necessity that the 1-15 constitutional rule requiring bills to be read on three several 1-16 days in each house be suspended, and this rule is hereby suspended, 1-17 and that this Act take effect and be in force from and after its 1-18 passage, and it is so enacted.