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Texas Proposition 2, Veterans' Land Board Bonds Amendment (1960)
| Texas Proposition 2 | |
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| Election date |
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| Topic Bond issues and Veterans policy |
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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, 1960. It was approved.
A "yes" vote supported the amendment to increase the maximum permissible interest rate on bonds issued by the Veterans' Land Board. |
A "no" vote opposed the amendment to increase the maximum permissible interest rate on bonds issued by the Veterans' Land Board. |
Election results
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Texas Proposition 2 |
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| Result | Votes | Percentage | ||
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833,095 | 64.88% | ||
| No | 450,915 | 35.12% | ||
Text of measure
Ballot title
The ballot title for Proposition 2 was as follows:
| “ | Proposing an amendment increasing to three and one half per cent (3 1/2%) the maximum permissible interest rate on all bonds hereafter issued by the Board. | ” |
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 Six during the 56th regular legislative session in 1959.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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