Amend Floor Amendment No. 2 to HJR 31 by striking everything
below the amendment clause and substituting the following:
      (5) <, or for> work and material used in constructing new
improvements thereon, if contracted for in writing, or work and
material used to repair or renovate existing improvements thereon
if: <and in this last case only when>
      (A)  the work and material are contracted for in writing,
with the consent of both spouses, in the case of a family
homestead, given in the same manner as is required in making a sale
and conveyance of the homestead;
      (B)  the contract for the work and material is not executed
by the owner or the owner's spouse before the 12th day after the
owner makes written application for any extension of credit for the
work and material, unless the work and material are necessary to
complete immediate repairs to conditions on the homestead property
that materially affect the health or safety of the owner or person
residing in the homestead and the owner of the homestead
acknowledges such in writing;
      (C)  the contract for the work and material expressly
provides that the owner may rescind the contract without penalty or
charge within three days after the execution of the contract by all
parties, unless the work and material are necessary to complete
immediate repairs to conditions on the homestead property that
materially affect the health or safety of the owner or person
residing in the homestead and the owner of the homestead
acknowledges such in writing;
      (D)  the contract for the work and material is executed by
the owner and the owner's spouse only at the office of a
third-party lender making an extension of credit for the work and
material, an attorney at law, or a title company;