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.