HJR 40

Proposing a constitutional amendment to remove the requirement that a home equity loan be closed only at the office of the lender, an attorney at law, or a title company.

Did not pass

Verdict: not graded

Not graded. The reader grades bills, not resolutions.

Caption

Caption from the bill history · Introduced.

Summary

Not graded. The reader grades bills, not resolutions.

Receipt

The receipt

89R-HJR40 · 2024-11-12

SOLD BY

Rep. Valoree SwansonRHouse 150

Rep. Stan LambertRHouse 71

Rep. Mihaela PlesaDHouse 70

+ 1 more author, 1 coauthor

ITEM

Proposing a constitutional amendment to remove the requirement that a home equity loan be closed only at the office of the lender, an attorney at law, or a title company.

WHAT IT DOES

Not graded. The reader grades bills, not resolutions.

CHARGES

Not graded

TOTAL

No first-year general revenue figure available here.

LBB estimate · fiscal note version I · source

Sources

Fiscal note · version I · May 4, 2025

No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $191,689.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

HISTORY

Nov 12, 2024Filed
Mar 3, 2025Read first time
Mar 3, 2025Referred to Pensions, Investments & Financial Services
May 5, 2025Scheduled for public hearing on . . .
May 5, 2025Considered in public hearing
May 5, 2025Testimony taken/registration(s) recorded in committee
May 5, 2025Left pending in committee
May 7, 2025Considered in formal meeting
May 7, 2025Reported favorably w/o amendment(s)

FILED UNDER

Not graded

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

Valoree Swanson

Donors

Texans for Lawsuit Reform PAC$314K Texas Conservative Majority PAC$116KKathaleen Wall$11,000

Not tied to this bill.

Sources

The author's campaign account only. Own money and internal transfers are separate on the member page.

Derived itemized flow · Oct 27, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Texans for Lawsuit Reform PAC$314,216.50

Texans for Lawsuit Reform PAC

$314,216.50

Cash: $35,000.00
Paid by others: $279,216.50
Total: $314,216.50

advertising $251,088.00polling $15,200.00mail $12,928.50

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Jun 27, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101029008, 101031437, 101068777, 101071636.

Texas Conservative Majority PAC$116,200.00

Texas Conservative Majority PAC

$116,200.00

Cash: $25,000.00
Paid by others: $91,200.00
Total: $116,200.00

canvassing $76,000.00polling $15,200.00

Also funds 42 other sitting lawmakers.

Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Sep 18, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101068777, 101071636.

Kathaleen Wall$11,000.00

Money

Missing data does not establish zero giving. Display amounts are rounded.

Texans for Lawsuit Reform PAC

$314,216.50

Cash: $35,000.00
Paid by others: $279,216.50
Total: $314,216.50

advertising $251,088.00polling $15,200.00mail $12,928.50

Also funds 124 other sitting lawmakers.

Derived recipient stock · Jul 10, 2024 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Jun 27, 2025 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101029008, 101031437, 101068777, 101071636.

Texas Conservative Majority PAC

$116,200.00

Cash: $25,000.00
Paid by others: $91,200.00
Total: $116,200.00

canvassing $76,000.00polling $15,200.00

Also funds 42 other sitting lawmakers.

Derived recipient stock · Jan 23, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

TEC account match.

Team

Sources

Derived itemized flow · Sep 18, 2026 to Oct 23, 2026. State data as of Nov 4, 2026.

Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.

Report IDs: 101068777, 101071636.

Votes

No floor vote loaded for this bill.

Fiscal

No first-year general revenue figure available here.

LBB estimate · fiscal note version I · source

Sources

Fiscal note · version I · May 4, 2025

No significant fiscal implication to the State is anticipated, other than the cost of publication. The cost to the state for publication of the resolution is $191,689.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

FILED BEFORE

88R HJR 124

by Rep. Swanson, same lead author · Died in committee · same caption and author, text not compared

Introduced text

Last action, Mar 13, 2023: Referred to Pensions, Investments & Financial Services

Proposing a constitutional amendment to remove the requirement that a home equity loan be closed only at the office of the lender, an attorney at law, or a title company.

Caption, 88R bill history

Sources

Texas House · Filed Nov 12, 2024

05/07/2025 H Reported favorably w/o amendment(s)

Texas Legislature Online · Introduced

Data snapshot Oct 19, 2026 at 9:48 PM CDT. Grades, charges, quotes and corrections follow the published record.

Coauthors

Carrie IsaacRHouse 73

House committee · Pensions, Investments & Financial Services · Committee vote 7 aye, 0 nay, 2 absent · Final status: Did not pass

Subjects

Civil Remedies & Liabilities

Property Interests--Homestead

Property Interests--Mortgages & Liens

Resolutions--Constitutional Amendments

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