Monitoring the Session

SB 372

bill spells out who can be a foreclosure trustee

Became law

Verdict: No flags

No flagsInitial review
Sen. Donna CampbellRSenate 25

Initial review · graded Oct 20, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade

Caption

relating to the persons authorized or appointed to exercise the power of sale under the terms of a contract lien on real property.

Caption from analyzed text · version I.

Summary

“A person” becomes individuals, corporations, trusts, partnerships and more.

The bill rewrites the Property Code definitions of "trustee" and "substitute trustee" in foreclosure law. Instead of saying "a person," the definitions now spell out that an individual, corporation, government body, trust, partnership, association or other legal entity can hold the power of sale under a deed of trust. Homeowners, lenders and mortgage servicers see a clearer rule that companies and other entities, not just individuals, can serve as trustee and run a non-judicial foreclosure sale.

Labels

Labels: INSTANT LAW. Took effect immediately, on May 19, 2025. 833 of the 1,185 graded 89R laws took effect Sep 1, 2025 (derived from the bill histories, snapshot Oct 19, 2026).BACK FROM THE DEAD. Same text as a bill filed before that died: 88R SB 1568 (Vetoed). Filed in 2 sessions, counting this one. Checked against 88R only.TRY NO. 2. Filed in 2 sessions: 88R and 89R. Checked against 88R only.

Receipt

The receipt

89R-SB372 · 2024-11-15

SOLD BY

Sen. Donna CampbellRSenate 25

ITEM

relating to the persons authorized or appointed to exercise the power of sale under the terms of a contract lien on real property.

WHAT IT DOES

“A person” becomes individuals, corporations, trusts, partnerships and more.

The bill rewrites the Property Code definitions of "trustee" and "substitute trustee" in foreclosure law. Instead of saying "a person," the definitions now spell out that an individual, corporation, government body, trust, partnership, association or other legal entity can hold the power of sale under a deed of trust. Homeowners, lenders and mortgage servicers see a clearer rule that companies and other entities, not just individuals, can serve as trustee and run a non-judicial foreclosure sale.

CHARGES

[ ] NONE FOUND

TOTAL

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version E · source

Sources

Fiscal note · version E · April 10, 2025

No first-year general revenue figure available here.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

HISTORY

  1. Received by the Secretary of the Senate
  2. Filed
  3. Read first time
  4. Referred to Business & Commerce
  5. Scheduled for public hearing on . . .
  6. Considered in public hearing
  7. Testimony taken in committee
  8. Left pending in committee
  9. Considered in public hearing
  10. Vote taken in committee
  11. Reported favorably w/o amendments
  12. Recommended for local & uncontested calendar
  13. Committee report printed and distributed
  14. Placed on intent calendar
  15. Rules suspended-Regular order of business
  16. Read 2nd time & passed to engrossment
  17. Vote recorded in Journal
  18. Three day rule suspended
  19. Record vote
  20. Read 3rd time
  21. Passed
  22. Record vote
  23. Reported engrossed
  24. Received from the Senate
  25. Read first time
  26. Referred to Trade, Workforce & Economic Development
  27. Considered in public hearing
  28. Reported favorably w/o amendment(s)
  29. Comte report filed with Committee Coordinator
  30. Committee report distributed
  31. Committee report sent to Calendars
  32. Laid out in lieu of companion HB 576
  33. Read 2nd time
  34. Passed to 3rd reading
  35. Read 3rd time
  36. Passed
  37. Record vote RV#1489
  38. Statement(s) of vote recorded in Journal
  39. House passage reported
  40. Reported enrolled
  41. Signed in the Senate
  42. Signed in the House
  43. Sent to the Governor
  44. Signed by the Governor
  45. Effective immediately
FILED UNDER

No verified beat found.

SIGNED FOR BY

House · 138 yea · 6 nay

Senate · 30 yea · 0 nay

Sources

House: Final passage · May 6, 2025. Journal. Published stock for this vote. Snapshot 2026-10-19, Central time.

Senate: Final passage · Mar 24, 2025. Journal. Published stock for this vote. Snapshot 2026-10-19, Central time.

All floor motions and other positions below.

No flags

THANK YOU FOR CHECKING THE RECEIPT

CAMPAIGN PAID FOR BY

CAMPAIGN PAID FOR BY

Donna Campbell

Donors

Donors report through Friends of Donna Campbell.

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 Jun 30, 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.

Money

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

Votes4

House May 6, 2025

Yea
138
Nay
6
Present, not voting
1
Absent
5
Excused
0
Names

Named positions matched to lawmakers. See the journal for unmatched names.

House journal

Sources

Record 1489

SB 372 was passed by (Record 1489): 138 Yeas, 6 Nays, 1 Present, not voting.

Published stock of positions for this vote, except where marked derived.

  • Yea: 138 (published)
  • Nay: 6 (published)
  • Present, not voting: 1 (published)
  • Absent: 5 (derived from named list)
  • Excused: 0 (derived from named list)

House journal. Source snapshot 2026-10-19, Central time.

Senate Mar 24, 2025

Yea
30
Nay
0
Present, not voting
Not printed
Absent
Not printed
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Names were not printed for yea. Only the named positions are included in member records.

Sources

The bill was read third time and was passed by the following vote: Yeas 30, Nays 0. (Same as previous roll call)

Published stock of positions for this vote, except where marked derived.

  • Yea: 30 (published)
  • Nay: 0 (published)
  • Present, not voting: Not printed
  • Absent: Not printed
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate Mar 24, 2025

Yea
30
Nay
0
Present, not voting
Not printed
Absent
Not printed
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Names were not printed for yea. Only the named positions are included in member records.

Sources

Senator Campbell moved that Senate Rule 7.18 and the Constitutional Rule requiring bills to be read on three several days be suspended and that SB 372 be placed on its third reading and final passage. The motion prevailed by the following vote: Yeas 30, Nays 0.

Published stock of positions for this vote, except where marked derived.

  • Yea: 30 (published)
  • Nay: 0 (published)
  • Present, not voting: Not printed
  • Absent: Not printed
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Senate Mar 24, 2025

Yea
Not printed
Nay
Not printed
Present, not voting
Not printed
Absent
Not printed
Excused
1
Names

Named positions matched to lawmakers. See the journal for unmatched names.

Senate journal

Names were not printed for yea. Only the named positions are included in member records.

Voice vote. No numeric tally or individual yeas are inferred.

Sources

The bill was read second time and was passed to engrossment by a viva voce vote.

Published stock of positions for this vote, except where marked derived.

  • Yea: Not printed
  • Nay: Not printed
  • Present, not voting: Not printed
  • Absent: Not printed
  • Excused: 1 (derived from named list)

Senate journal. Source snapshot 2026-10-19, Central time.

Witnesses1
For
1
Against
0
On
0
Names

For

  • Auction.com1 registration
Sources

1 parsed registrations across the loaded witness lists.

Derived stock of witness registrations. Repeated appearances count separately. Organizations and self-representation appear as printed.

Senate witness list. Source snapshot 2026-10-20, Central time.

Fiscal

No significant fiscal implication to the State is anticipated.

LBB estimate · fiscal note version E · source

Sources

Fiscal note · version E · April 10, 2025

No first-year general revenue figure available here.

LBB published estimates · flow over the stated periods.

Source snapshot 2026-10-19, Central time.

How this was graded

Analysis of text version I by claude-opus-5-5, Oct 20, 2026, against the published rubric.

FILED BEFORE

Filed 2 times: 88R and 89R. Checked against 88R only.

88R SB 1568

by Sen. Campbell, same lead author · Vetoed · same text

Introduced text

Last action, Jun 16, 2023: Vetoed by the Governor

Relating to the persons authorized or appointed to exercise the power of sale under the terms of a contract lien on real property.

Caption, 88R bill history

Sources

Texas Senate · Filed Nov 15, 2024

05/19/2025 E Effective immediately

Texas Legislature Online · Introduced · Senate Committee Report · Engrossed · House Committee Report · Enrolled

Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.

Sponsors
Matt ShaheenRHouse 66

House committee · Trade, Workforce & Economic Development · Committee vote 11 aye, 0 nay · Out of committee

Senate committee · Business & Commerce · Committee vote 11 aye, 0 nay · Out of committee

Companion

HB 576 by Shaheen (identical)

Subjects

Financial--General

Property Interests--Mortgages & Liens

Property Interests--Real Property

Property Interests--Trusts

Text

The text as introduced · 209 words

89R4423 ATP-F

By: Campbell
S.B. No. 372

A BILL TO BE ENTITLED

AN ACT

relating to the persons authorized or appointed to exercise the

power of sale under the terms of a contract lien on real property.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

SECTION 1. Sections 51.0001(7) and (8), Property Code, are

amended to read as follows:

(7) "Substitute trustee" means an individual,

corporation, organization, government or governmental subdivision

or agency, business trust, estate, trust, partnership,

association, or other legal entity [ a person ] appointed by the

current mortgagee or mortgage servicer under the terms of the

security instrument to exercise the power of sale.

(8) "Trustee" means an individual, corporation,

organization, government or governmental subdivision or agency,

business trust, estate, trust, partnership, association, or other

legal entity [ a person or persons ] authorized to exercise the power

of sale under the terms of a security instrument in accordance with

Section 51.0074.

SECTION 2. This Act takes effect immediately if it receives

a vote of two-thirds of all the members elected to each house, as

provided by Section 39, Article III, Texas Constitution. If this

Act does not receive the vote necessary for immediate effect, this

Act takes effect September 1, 2025.