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Suspending limitations on conference committee

jurisdiction, H.B. No. 1493




By:  Harris                                                 S.R. No. 1015



SENATE RESOLUTION
	BE IT RESOLVED by the Senate of the State of Texas, 78th 
Legislature, Regular Session, 2003, That Senate Rule 12.03 be 
suspended in part as provided by Senate Rule 12.08 to enable the 
conference committee appointed to resolve the differences on 
House Bill No. 1493, relating to the foreclosure of property and 
the authority of a mortgage servicer to administer the 
foreclosure on behalf of a mortgagee, to consider and take action 
on the following matter:
	Senate Rule 12.03(1) is suspended to permit the committee 
to amend text that is not in disagreement in Section 51.009, 
Property Code, as added by the bill, by adding the phrase "except 
as to warranties of title", so that the section reads as follows:
	Sec. 51.009.  FORECLOSED PROPERTY SOLD "AS IS." A 
purchaser at a sale of real property under Section 51.002:
		(1)  acquires the foreclosed property "as is" 
without any expressed or implied warranties, except as to 
warranties of title, and at the purchaser's own risk; and
		(2)  is not a consumer.                                                
	Explanation:  The changed text is necessary to clarify 
that any warranties of title granted in a foreclosure sale under 
Section 51.002, Property Code, are valid.




_______________________________ 
    President of the Senate
 
     I hereby certify that the 
above Resolution was adopted by 
the Senate on June 1, 2003, by the 
following vote:  Yeas 31, Nays 0.



_______________________________ 
    Secretary of the Senate