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Texas Proposition 2, Economic Stabilization Fund Amendment (1988)

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Texas Proposition 2

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Election date

November 8, 1988

Topic
State and local government budgets, spending, and finance
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Texas Proposition 2 was on the ballot as a legislatively referred constitutional amendment in Texas on November 8, 1988. It was approved.

A "yes" vote supported establishing an economic stabilization fund to offset unforeseen shortfalls in revenue.

A "no" vote opposed establishing an economic stabilization fund to offset unforeseen shortfalls in revenue.


Election results

Texas Proposition 2

Result Votes Percentage

Approved Yes

2,457,703 61.62%
No 1,530,572 38.38%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 2 was as follows:

Proposing a constitutional amendment relating to the establishment of an economic stabilization fund in the state treasury.

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 2 during the 70th regular legislative session in 1988.[1]

See also


External links

Footnotes