Texas 2025 - 89th Regular

Texas Senate Bill SB1341 Compare Versions

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11 By: Hancock S.B. No. 1341
2- (McQueeney)
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43
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76 A BILL TO BE ENTITLED
87 AN ACT
98 relating to the regulation of manufactured homes.
109 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1110 SECTION 1. Section 9.102(53), Business & Commerce Code, is
1211 amended to read as follows:
1312 (53) "Manufactured home" has the meaning assigned by
1413 42 U.S.C. Section 5402(6) [means a structure, transportable in one
1514 or more sections, that, in the traveling mode, is eight body feet or
1615 more in width or 40 body feet or more in length, or, when erected on
1716 site, is 320 or more square feet, and that is built on a permanent
1817 chassis and designed to be used as a dwelling with or without a
1918 permanent foundation when connected to the required utilities, and
2019 includes the plumbing, heating, air-conditioning, and electrical
2120 systems contained therein. The term includes any structure that
2221 meets all of the requirements of this subdivision except the size
2322 requirements and with respect to which the manufacturer voluntarily
2423 files a certification required by the United States secretary of
2524 housing and urban development and complies with the standards
2625 established under Title 42 of the United States Code].
2726 SECTION 2. Section 1201.003(12), Occupations Code, is
2827 amended to read as follows:
2928 (12) "HUD-code manufactured home" has the meaning
3029 assigned by 42 U.S.C. Section 5402(6). The term[:
3130 [(A) means a structure:
3231 [(i) constructed on or after June 15, 1976,
3332 according to the rules of the United States Department of Housing
3433 and Urban Development;
3534 [(ii) built on a permanent chassis;
3635 [(iii) designed for use as a dwelling with
3736 or without a permanent foundation when the structure is connected
3837 to the required utilities;
3938 [(iv) transportable in one or more
4039 sections; and
4140 [(v) in the traveling mode, at least eight
4241 body feet in width or at least 40 body feet in length or, when
4342 erected on site, at least 320 square feet;
4443 [(B) includes the plumbing, heating, air
4544 conditioning, and electrical systems of the home; and
4645 [(C)] does not include a recreational vehicle as
4746 defined by 24 C.F.R. Section 3282.15(b) [3282.8(g)].
4847 SECTION 3. Section 1201.103(a-1), Occupations Code, is
4948 amended to read as follows:
5049 (a-1) All required records of a licensee under Subsection
5150 (a) are to be maintained at the licensee's principal office or such
5251 other location [within this state] as the licensee may designate. A
5352 licensee may maintain required records under this subsection
5453 electronically if the licensee can produce the record on request by
5554 the department for review.
5655 SECTION 4. Section 1201.162(a), Occupations Code, is
5756 amended to read as follows:
5857 (a) Before the completion of a credit application or [more
5958 than one day] before entering into any agreement for a sale or
6059 exchange that will not be financed, the retailer must provide to the
6160 consumer a written disclosure in the form promulgated by the board.
6261 The disclosure shall be in at least 12-point type and must address
6362 matters of concern relating to costs and obligations that may be
6463 associated with home ownership, matters to be considered in making
6564 financing decisions, related costs that may arise when purchasing a
6665 manufactured home, and such other matters as the board may deem
6766 appropriate to promote informed purchase, financing, and related
6867 decisions regarding the acquisition and ownership of a manufactured
6968 home. The form shall also conspicuously disclose the consumer's
7069 right of rescission.
7170 SECTION 5. Section 1201.164, Occupations Code, is amended
7271 to read as follows:
7372 Sec. 1201.164. CONSUMER MODIFICATION OR WAIVER OF RIGHT OF
7473 RESCISSION [ADVANCE COPY OF SALES PURCHASE CONTRACT AND DISCLOSURE
7574 STATEMENTS; OFFER BY RETAILER]. [(a) In a transaction that is to
7675 be financed and that will not be subject to the federal Real Estate
7776 Settlement Procedures Act of 1974 (Pub. L. No. 93-533) and its
7877 implementing regulations, a retailer shall deliver to a consumer at
7978 least 24 hours before the sales purchase contract is fully executed
8079 the contract, with all required information included, signed by the
8180 retailer. The delivery of the contract, with all required
8281 information included, signed by the retailer constitutes a firm
8382 offer by the retailer. Except as provided for by Subsection (b),
8483 the consumer may accept the offer not earlier than 24 hours after
8584 the delivery of the contract. If the consumer has not accepted the
8685 offer within 72 hours after the delivery of the contract, the
8786 retailer may withdraw the offer.
8887 [(b)] Before the execution of the sales purchase contract,
8988 the consumer may modify or waive the right to rescind [and the
9089 deadlines for disclosures that are provided by Subsection (a)] if
9190 the consumer determines that the purchase of the manufactured home
9291 is needed to meet a bona fide personal emergency. If the consumer
9392 has a bona fide personal emergency that necessitates the immediate
9493 purchase of the manufactured home, the consumer shall give the
9594 retailer a dated written statement that describes the emergency,
9695 specifically modifies or waives the [notice periods and any] right
9796 of rescission, and bears the signature of all of the consumers
9897 entitled to the [disclosures and] right of rescission. In such
9998 event the retailer shall immediately give the consumer all of the
10099 disclosures required by this code and sell the manufactured home
101100 without [the required waiting periods or] the right of rescission.
102101 The department shall verify with the consumer the consumer's bona
103102 fide personal emergency before issuing the statement of ownership.
104103 SECTION 6. This Act takes effect September 1, 2025.