H.C.R. No. 277

WHEREAS, Senate Joint Resolution No. 42 has been adopted by the senate and the house of representatives and is being prepared for enrollment; and WHEREAS, The resolution contains technical errors that should be corrected; now, therefore, be it RESOLVED by the 78th Legislature of the State of Texas, That the enrolling clerk of the senate be instructed to correct Senate Joint Resolution No. 42, in SECTION 1 of the resolution, by striking Sections 50(a)(6)(M)(ii) and (iii), Article XVI, Texas Constitution, as amended by the Wolens second reading amendment, House Floor Amendment No. 2, and substituting the following: (ii) one business day after the date that the owner of the homestead receives a final itemized disclosure of the actual fees, points, interest, costs, and charges that will be charged at closing. If a bona fide emergency or another good cause exists and the lender obtains the written consent of the owner, the lender may provide the documentation to the owner or the lender may modify previously provided documentation on the date of closing; and (iii) [(ii)] the first anniversary of the closing date of any other extension of credit described by Subsection (a)(6) of this section secured by the same homestead property, except a refinance described by Paragraph (Q)(x)(f) of this subdivision; Solomons ______________________________ ______________________________ President of the Senate Speaker of the House I certify that H.C.R. No. 277 was adopted by the House on May 29, 2003, by a non-record vote. ______________________________ Chief Clerk of the House I certify that H.C.R. No. 277 was adopted by the Senate on May 30, 2003, by a viva-voce vote. ______________________________ Secretary of the Senate APPROVED: __________________ Date __________________ Governor