Texas Financing Products and Businesses, Proposition 3 (1989)
The Texas Financing Products and Businesses Amendment, also known as Proposition 3, was on the November 7, 1989 ballot in Texas as a legislatively-referred constitutional amendment, where it was approved. The measure authorized the legislature to provide for the recovery and further development of the state's economy through state financing of the development and production of Texas products and businesses.
|Texas Proposition 3 (1989)|
Election results via: Legislative Reference Library of Texas
Text of measure
The text of the measure can be read here.
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 1989 ballot measures
- 1989 ballot measures
- List of Texas ballot measures
- History of direct democracy in Texas
State of Texas
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|historical ballot measure article requires that the text of the measure be added to the page.|