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A BILL TO BE ENTITLED
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AN ACT
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relating to provision of a verified accounting for actions |
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involving foreclosure of a lien on residential real property or |
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recovery on a consumer credit account. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Title 6, Civil Practice and Remedies Code, is |
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amended by adding Chapter 150B to read as follows: |
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CHAPTER 150B. REQUIREMENTS FOR ACTIONS INVOLVING CERTAIN DEBTS |
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Sec. 150B.0001. VERIFIED ACCOUNTING REQUIRED IN CERTAIN |
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ACTIONS. An applicant for an expedited order allowing foreclosure |
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of a lien on residential real property under Rule 736, Texas Rules |
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of Civil Procedure, a petitioner in an action for judicial |
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foreclosure of a lien on residential real property, or a claimant |
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seeking recovery in an action on a consumer credit account must file |
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with the application, petition, or pleading a verified accounting |
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of: |
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(1) the balance due on the account; |
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(2) each payment made on the account; and |
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(3) the total and final principal amount on the |
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account. |
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SECTION 2. Section 150B.0001, Civil Practice and Remedies |
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Code, as added by this Act, applies only to an action that commences |
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on or after the effective date of this Act. |
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SECTION 3. This Act takes effect September 1, 2021. |