Amend CSHB 1277 by inserting the following appropriately
numbered Section and renumbering the remaining sections of the bill
accordingly:
      SECTION ____.  Chapter 15, Title 79, Revised Statutes
(Article 5069 et seq., Vernon's Texas Civil Statutes), is amended
by adding Article 15.15 to read as follows:
      Art. 15.15.  APPLICATION OF PAYMENT. Notwithstanding any
other provision of law, a payment made by a customer toward the
balance of an account shall be applied by the creditor to repayment
of loan or purchase transactions posted to the customer's account
in the order in which the transactions are posted to the account
regardless of the type of transaction.