S.B. No. 1341 amends the Texas Business & Commerce Code and Occupations Code to update the definitions and regulations surrounding manufactured homes. The bill specifies that the term "manufactured home" and "HUD-code manufactured home" will now align with the definitions provided in 42 U.S.C. Section 5402(6), replacing previous definitions that included specific size and construction criteria. Additionally, the bill allows licensees to maintain required records electronically, provided they can produce them upon request, and modifies the requirements for consumer disclosures related to the sale of manufactured homes.

Furthermore, the bill introduces a new section regarding the consumer's right to modify or waive the right of rescission in cases of bona fide personal emergencies, allowing for expedited sales without the usual waiting periods. The previous requirements for advance copies of sales contracts and disclosures have been removed, streamlining the process for consumers in urgent situations. The act is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Commerce Code 9.102, Occupations Code 1201.003, Occupations Code 1201.162, Occupations Code 1201.164 (Occupations Code 1201, Commerce Code 9)
Senate Committee Report: Commerce Code 9.102, Occupations Code 1201.003, Occupations Code 1201.162, Occupations Code 1201.164 (Occupations Code 1201, Commerce Code 9)
Engrossed: Commerce Code 9.102, Occupations Code 1201.003, Occupations Code 1201.162, Occupations Code 1201.164 (Occupations Code 1201, Commerce Code 9)
House Committee Report: Commerce Code 9.102, Occupations Code 1201.003, Occupations Code 1201.162, Occupations Code 1201.164 (Occupations Code 1201, Commerce Code 9)
Enrolled: Commerce Code 9.102, Occupations Code 1201.003, Occupations Code 1201.162, Occupations Code 1201.164 (Occupations Code 1201, Commerce Code 9)