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Texas Proposition 8, Home Equity Loans Amendment (2007)

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Texas Proposition 8

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Election date

November 6, 2007

Topic
Business regulations
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Texas Proposition 8 was on the ballot as a legislatively referred constitutional amendment in Texas on November 6, 2007. It was approved.

A "yes" vote supported clarifying home equity loan-making provisions and the use of loan proceeds.

A "no" vote opposed clarifying home equity loan-making provisions and the use of loan proceeds.


Election results

Texas Proposition 8

Result Votes Percentage

Approved Yes

823,189 77.56%
No 238,136 22.44%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 8 was as follows:

Proposing a constitutional amendment to clarify certain provisions relating to the making of a home equity loan and use of home equity loan proceeds.

Full Text

The full text of this measure is available here.


Path to the ballot

See also: Amending the Texas Constitution

A two-thirds vote was needed in each chamber of the Texas State Legislature to refer the constitutional amendment to the ballot for voter consideration.

The constitutional amendment was introduced into the Texas State Legislature as House Joint Resolution 72 during the 80th regular legislative session in 2007.[1]

See also


External links

Footnotes