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Texas Investment of the Permanent University Fund Amendment (1951)
| Texas Investment of the Permanent University Fund Amendment | |
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| Election date |
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| Topic State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Texas Investment of the Permanent University Fund Amendment was on the ballot as a legislatively referred constitutional amendment in Texas on November 13, 1951. It was defeated.
A "yes" vote supported allowing additional bond and securities investments for the permanent university fund. |
A "no" vote opposed allowing additional bond and securities investments for the permanent university fund. |
Election results
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Texas Investment of the Permanent University Fund Amendment |
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| Result | Votes | Percentage | ||
| Yes | 100,637 | 44.69% | ||
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124,547 | 55.31% | ||
Text of measure
Ballot title
The ballot title for Investment of the Permanent University Fund Amendment was as follows:
| “ | Proposing an Amendment providing for the investment of the Permanent University fund in additional securities to those now enumerated in Section 11 of Article VII of the Constitution of the State of Texas. | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
- See also: Amending the Texas Constitution
A two-thirds vote was needed in each chamber of the Texas State Legislature to refer the constitutional amendment to the ballot for voter consideration.
The constitutional amendment was introduced into the Texas State Legislature as House Joint Resolution 37 during the 52nd regular legislative session in 1951.[1]
See also
External links
Footnotes
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