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Texas Proposition 3, Construction for Institutions of Higher Learning Amendment (1956)
| Texas Proposition 3 | |
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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 3 was on the ballot as a legislatively referred constitutional amendment in Texas on November 6, 1956. It was approved.
A "yes" vote supported providing a new method of payment for construction and other improvements at state institutions of higher learning by expanding the purpose of the Confederate pension tax to include the state building fund and authorizing the investment of permanent university funds in corporate stocks and bonds. |
A "no" vote opposed providing a new method of payment for construction and other improvements at state institutions of higher learning by expanding the purpose of the Confederate pension tax to include the state building fund and authorizing the investment of permanent university funds in corporate stocks and bonds. |
Election results
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Texas Proposition 3 |
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| Result | Votes | Percentage | ||
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983,764 | 77.26% | ||
| No | 289,629 | 22.74% | ||
Text of measure
Ballot title
The ballot title for Proposition 3 was as follows:
| “ | Proposing an amendment to the Constitution of the State of Texas by amending Article VII, Sections 17 and 18, providing a method of payment for the construction and equipment of buildings and other permanent improvements at state institutions of higher learning and repealing Section 4 of Chapter 330, Acts, Regular Session, Fifty-Third Legislature; and proposing an amendment to Article VII of the Constitution of the State of Texas by adding a new section after Section 11 thereof to be designated as Section 11a, providing for the improved support of The University of Texas and The Agricultural and Mechanical College of Texas from a source other than tax revenue by providing for the broader investment of the Permanent University Fund in corporate bonds and stocks under certain conditions and limitations; providing for an election and the issuance of a proclamation therefor. | ” |
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 15 during the 54th regular legislative session in 1956.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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