Texas Proposition 3, School District Assistance Bonds Amendment (May 1993)
| Texas Proposition 3 | |
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| Election date |
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| Topic Bond issues and Public education funding |
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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 May 1, 1993. It was defeated.
A "yes" vote supported authorizing $750 million in state bonds for school district facilities, allowing loan forgiveness for school facility financing, and repealing a $750 million state revenue bond authorization guaranteed by the permanent university fund. |
A "no" vote opposed authorizing $750 million in state bonds for school district facilities, allowing loan forgiveness for school facility financing, and repealing a $750 million state revenue bond authorization guaranteed by the permanent university fund. |
Election results
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Texas Proposition 3 |
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| Result | Votes | Percentage | ||
| Yes | 869,014 | 44.14% | ||
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1,099,828 | 55.86% | ||
Text of measure
Ballot title
The ballot title for Proposition 3 was as follows:
| “ | The constitutional amendment authorizing the issuance of $750 million in state general obligation or revenue bonds to assist school districts in partially financing facilities, authorizing the state to forgive payments of loans made to a school district for partially financing facilities, and repealing the authorization for $750 million in state revenue bonds guaranteed by the permanent school fund. | ” |
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 4 during the 73rd regular legislative session in 1993.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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