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Texas Proposition 2, Investment of the Permanent University Fund Amendment (1930)
| Texas Proposition 2 | |
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| Election date |
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| Topic Education and 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 4, 1930. It was approved.
A "yes" vote supported allowing the permanent university fund to be invested in city, school district, county, state, United States, and Federal Farm Loan Act bonds for the construction of dormitories and other buildings for the University of Texas. |
A "no" vote opposed allowing the permanent university fund to be invested in city, school district, county, state, United States, and Federal Farm Loan Act bonds for the construction of dormitories and other buildings for the University of Texas. |
Election results
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Texas Proposition 2 |
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| Result | Votes | Percentage | ||
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356,396 | 81.93% | ||
| No | 78,606 | 18.07% | ||
Text of measure
Ballot title
The ballot title for Proposition 2 was as follows:
| “ | Proposing an amendment providing that the Permanent University Fund shall be invested in bonds of the United States, the State of Texas or Counties of said State. | ” |
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 7 during the 41st regular legislative session in 1930.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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