Political Quotes

Lloyd Bentsen: “The question is raised on the roll-over period and the prospective nature talks about interest acquired. The bill reads…”

On the recordOctober 12, 2000
The question is raised on the roll-over period and the prospective nature talks about interest acquired. The bill reads the homestead as interest acquired by the debtor, and this is getting somewhat technical or minute, I guess, during that 2-year period, would interest be assumed to include such things as routine principal payments or rise in property value?
Said by
Lloyd Bentsen
Texas

Editor's note · Context

Discussing technical aspects of a bill related to homestead interest during a roll-over period.

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