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Texas School District Bonds, Proposition 3 (May 1993)
The Texas School District Bonds Amendment, also known as Proposition 3, was on the May 1, 1993 ballot in Texas as a legislatively-referred constitutional amendment, where it was defeated. The measure would have authorized the issuance of $750 million in state general obligation bonds to assist school districts in partially financing facilities. The measure also would have authorized the state to forgive payments of loans made to school districts for partially financing facilities and repealed the authorization of $750 million in state revenue bonds guaranteed by the permanent university fund.
|Texas Proposition 3 (May 1993)|
Election results via: Legislative Reference Library of Texas
Text of measure
The text of the measure can be read here.
If passed, Proposition 3 would have amended Section 5 of Article 7 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.
- Texas 1993 ballot measures
- 1993 ballot measures
- List of Texas ballot measures
- History of direct democracy in Texas
State of Texas
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Texas school districts A - L |
Texas school districts M - Z |
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