Texas Farm and Ranch Finance Program, Proposition 3 (1995)

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The Texas Farm and Ranch Finance Program Amendment, also known as Proposition 3, was on the November 7, 1995 ballot in Texas as a legislatively-referred constitutional amendment, where it was approved. The measure used the existing bond authority of the farm and ranch finance program to include financial assistance for the expansion, development and diversification of production, processing, marketing and export of Texas agricultural products. The measure also provided that the program be administered by the Texas Agricultural Finance Authority rather than the Veterans' Land Board.[1][2]

Election results

Texas Proposition 3 (1995)
Approveda Yes 400,968 55.93%

Election results via: Legislative Reference Library of Texas

Text of measure

The text of the measure can be read here.

Constitutional changes

Proposition 3 amended Section 49-f of Article 3 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.

See also

Suggest a link

External links


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