HJR 31, 75th R.S.
Proposition Prop. 8 - The amendment to the Texas Constitution expanding the types of liens for home equity loans that a lender, with the homeowner's consent, may place against a homestead.
Outcome: Adopted
Election date: 11/04/1997
Votes for: 698,870
Votes against: 474,443
Enabling legislation
HB 295 (75 R.S.) Relating to permitting an encumbrance to be fixed on a homestead for certain extensions of credit; providing a civil penalty.
Articles affected
Article 16 :
Amends
§50
Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 4, 1997 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 4, 1997 election.
Effective dates
Unless otherwise specified, an amendment takes effect as part of the constitution on the date of the official canvass of election returns showing adoption of the amendment.
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