Amend CSSB 1074 as follows: (1) Add Section 156.031 to SECTION 1 of the bill (Committee Printing page 2, line 28). "Sec. 156.031. DISCLOSURE TO APPLICANT. At the time an applicant submits an application to a mortgage broker, the mortgage broker shall provide to the applicant a disclosure that specifies the nature of the relationship between applicant and broker, the duties the broker has to the applicant, and how the mortgage broker will be compensated. The commissioner, by rule, shall promulgate a standard disclosure form to be used by the mortgage broker." (2) On page 4, line 21, Committee Printing, insert the following between the word "entities" and the word "if": "provided the mortgage loan is made for the benefit for the employer". (3) On page 4, lines 21-23, Committee Printing, delete the following text: "if the mortgage loan is made for the employer and is funded from the employer's own funds:". (4) On page 4, line 27, Committee Printing, delete the word "or". (5) On page 4, line 28, Committee Printing, insert a new Subsection (C) to read as follows: "(C) an insurance company licensed or authorized to do business in this State under the Texas Insurance Code; or" (6) On page 4, line 28, Committee Printing, renumber existing Subsection (C) to be new Subsection "(D)". (7) On page 5, line 22, Committee Printing, insert the following between the period following the word "chapter" and prior to the sentence beginning "The commissioner": "For a corporation, limited liability company or limited liability partnership to be eligible to be licensed as a mortgage broker, the corporation must designate an individual who is a Texas resident to act for it and be responsible for managing the operations of the location or locations where business is to be transacted. The designated individual must be a mortgage broker licensed under this Act." (8) On page 5, line 42, Committee Printing, insert the word "or" after the semicolon. (9) On page 5, line 42, Committee Printing, strike the word "and". (10) On page 5, line 43, Committee Printing, insert the following new Subparagraph (D): "(D) for applications received prior to January 1, 2000, the person provides a certification under oath by the designated corporate mortgage broker that the person has been provided necessary and appropriate education and training regarding all applicable state and federal law and regulations relating to mortgage loans; and" (11) On page 6, line 59, Committee Printing, insert the following after the word "courses" and before the semicolon: ", including courses provided by or through the licensed mortgage broker with whom the loan officer is associated after submission to and approval by the commission".