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Texas Proposition 1, Municipal Development Tax Relief and Bonds Amendment (1981)

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Texas Proposition 1

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Election date

November 3, 1981

Topic
County and municipal governance
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Texas Proposition 1 was on the ballot as a legislatively referred constitutional amendment in Texas on November 3, 1981. It was approved.

A "yes" vote supported the amendment to authorize localities to offer tax incentives, including tax increment financing, and issue bonds in order to encourage investment and redevelopment of certain areas.

A "no" vote opposed the amendment to authorize localities to offer tax incentives, including tax increment financing, and issue bonds in order to encourage investment and redevelopment of certain areas.


Election results

Texas Proposition 1

Result Votes Percentage

Approved Yes

473,087 58.25%
No 339,020 41.75%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 1 was as follows:

Proposing a constitutional amendment authorizing cities, towns, and other taxing units to encourage the improvement or redevelopment of certain areas through property tax relief and through the issuance of bonds and notes.

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 Senate Joint Resolution 8 during the 1st called legislative session in 1981.[1]

See also


External links

Footnotes