Texas Proposition 21, College Savings Bonds (1989)

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Texas Proposition 21 was on the November 7, 1989 statewide ballot in Texas as a legislatively-referred constitutional amendment, where it was approved.
Texas Constitution
Seal of Texas.svg.png
Preamble
Articles
12
3 (1-43)3 (44-49)3 (50-67)
4567891011121314151617

Election results

Proposition 21
Results Votes
Yes Approveda 682,251
No 435,182

Text of measure

The short ballot summary Texas voters saw on their ballot was "The constitutional amendment providing for the issuance of general obligation bonds as college savings bonds to provide educational loans to students and to encourage the public to save for a college education."[1]

Constitutional changes

Proposition 21 added Section 50b-2 of Article III of the Texas Constitution.

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.

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References