SJR 42, 78th R.S.
Proposition Prop. 16 - The constitutional amendment authorizing a home equity line of credit, providing for administrative interpretation of home equity lending law, and otherwise relating to the making, refinancing, repayment, and enforcement of home equity loans.
Outcome: Adopted
Election date: 09/13/2003
Votes for: 862,009
Votes against: 455,707
Enabling legislation
SB 1067 (78 R.S.) Relating to home equity lending and high-cost home loans.
Articles affected
Article 16 :
Amends
§50
Analyses of proposed amendments:
House Research Organization Amendments Proposed for the September 13, 2003 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the September 13, 2003 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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