Texas Proposition 8, Types of Homestead Liens Amendment (1997)

Texas Proposition 8
Election date November 4, 1997
Topic Banking policy and Housing
Status Approved
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 4, 1997. It was approved.

A "yes" vote supported expanding the types of home equity liens a lender could place against a homestead.

A "no" vote opposed expanding the types of home equity liens a lender could place against a homestead.

Election results

Texas Proposition 8
Result		Votes	Percentage
Yes		698,870	59.56%
No		474,443	40.44%

Results are officially certified.

Source

Text of measure

Ballot title

The ballot title for Proposition 8 was as follows:

“

Proposing a constitutional amendment permitting an encumbrance against homestead property for certain extensions of equity credit.

”

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 31 during the 75th regular legislative session in 1997.

See also

1997 Measures

• 1997 Measures
• Housing on the ballot
• Banking policy on the ballot
• 1997 legislative sessions

Texas

• Texas ballot measures
• Texas ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls

External links

• Legislative Reference Library of Texas, Constitutional Amendments