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Texas Proposition 17, Permanent University Fund Investment Amendment (1999)
| Texas Proposition 17 | |
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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 Proposition 17 was on the ballot as a legislatively referred constitutional amendment in Texas on November 2, 1999. It was approved.
A "yes" vote supported allowing the University of Texas Board of Regents to determine how investment returns from the Permanent University Fund are distributed to the Available University Fund. |
A "no" vote opposed allowing the University of Texas Board of Regents to determine how investment returns from the Permanent University Fund are distributed to the Available University Fund. |
Election results
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Texas Proposition 17 |
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| Result | Votes | Percentage | ||
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553,859 | 61.23% | ||
| No | 350,718 | 38.77% | ||
Text of measure
Ballot title
The ballot title for Proposition 17 was as follows:
| “ | Proposing a constitutional amendment relating to the investment of the permanent university fund and to distributions from that fund to the available university fund. | ” |
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 58 during the 76th regular legislative session in 1999.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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