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Texas Bonds for County Road Projects, Proposition 2 (2001)
The Texas Bonds for County Road Projects Amendment, also known as Proposition 2, was on the November 6, 2001 ballot in Texas as a legislatively-referred constitutional amendment, where it was approved. The measure authorized the issuance of up to $175 million in general obligation bonds for border colonia roadway projects.
|Texas Proposition 2 (2001)|
Election results via: Legislative Reference Library of Texas
Text of measure
The ballot title voters saw on their ballot read as:
|“||The constitutional amendment authorizing the issuance of state general obligation bonds and notes to provide financial assistance to counties for roadway projects to serve border colonias.||”|
The full text of the measure can be read here.
Proposition 2 added §49-l to Article 3 of the Texas Constitution.
The state government provided an explanation of Proposition 2 which read as follows:
|“||Before legislative reform of certain unscrupulous development
practices began in 1989, many neighborhoods in the Texas-Mexico border region, known as colonias, were built and continue to be occupied despite pervasive substandard housing conditions, inadequate infrastructure, and lack of basic services. Roadway improvement projects can help alleviate the poor conditions of these neighborhoods.
Senate Bill No. 1296, enacted by the 77th Legislature, to take effect only if the constitutional amendment proposed by Senate Joint Resolution No. 37 is approved by the voters, would provide for the Texas Public Finance Authority to issue general obligation bonds in an aggregate amount authorized by the governor of $175 million or less.
It is necessary to seek voter approval to issue the bonds, either by submitting an amendment to the Texas Constitution that authorizes the bonds or by following a procedure prescribed by Section 49, Article III, Texas Constitution, because Section 49 prohibits generally the creation of state debt. The issuance of general obligation bonds by the state, in any amount, creates state debt. The voters have previously approved constitutional amendments authorizing the issuance of general obligation bonds for purposes such as purchasing land for resale to veterans, making home mortgage loans to veterans, various water development projects, building correctional facilities, and issuing student loans.
Under the proposed amendment, the bonds would be issued by the Texas Public Finance Authority, which is an already existing public authority governed by a board appointed by the governor with the advice and consent of the senate. 
Path to the ballot
- See also: Laws governing direct democracy in Texas
As laid out in Article 17 of the Texas Constitution, in order for a proposed constitutional amendment to be placed on the ballot, the Texas State Legislature must propose the amendment in a joint resolution of both the Texas State Senate and the Texas House of Representatives. The joint resolution can originate in either the House or the Senate. The resolution must be adopted by a vote of at least two-thirds of the membership of each house of the legislature. That amounts to a minimum of 100 votes in the House of Representatives and 21 votes in the Senate.
- Texas 2001 ballot measures
- 2001 ballot measures
- List of Texas ballot measures
- History of direct democracy in Texas
- Legislative Reference Library of Texas, "Constitutional amendment election dates," accessed January 14, 2015
- Texas Legislative Council, "Amendments to the Texas Constitution Since 1876," accessed January 14, 2015
- Texas Legislative Council, "Analyses of Proposed Constitutional Amendments: November 6, 2001, Election," September 2001
- Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
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