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Texas Proposition 2, Economic Stabilization Fund Amendment (1988)
Texas Proposition 2 | |
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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 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 |
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Result | Votes | Percentage | ||
2,457,703 | 61.62% | |||
No | 1,530,572 | 38.38% |
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
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State of Texas Austin (capital) |
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