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

HJR 75 proposes a constitutional amendment that would allow the state legislature to create exceptions to the current rule requiring home equity loans to be closed only at a lender's office, an attorney's office, or a title company. If approved by voters, this change would directly affect home equity loan borrowers and lenders by potentially expanding where these loans can be finalized. The key mechanism is altering the state constitution to grant the legislature authority to permit alternative closing locations, such as remote or mobile services, without requiring a separate constitutional amendment for each exception. This is a procedural change to the constitution, not an immediate law, and would require voter approval after legislative passage.