Your feedback ensures we stay focused on the facts that matter to you most—take our survey.
Texas Proposition 3, Veterans' Land Fund Increase Amendment (1967)
| Texas Proposition 3 | |
|---|---|
|
|
|
| Election date |
|
| Topic State and local government budgets, spending, and finance |
|
| Status |
|
| Type Legislatively referred constitutional amendment |
Origin |
Texas Proposition 3 was on the ballot as a legislatively referred constitutional amendment in Texas on November 11, 1967. It was approved.
A "yes" vote supported increasing the Veterans' Land Fund from $200 million to $400 million and the maximum bond interest rate from 3.5 percent to 4.5 percent. |
A "no" vote opposed increasing the Veterans' Land Fund from $200 million to $400 million and the maximum bond interest rate from 3.5 percent to 4.5 percent. |
Election results
|
Texas Proposition 3 |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
160,865 | 58.66% | ||
| No | 113,384 | 41.34% | ||
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 to authorize an increase in the total amount of bonds or obligations that may be issued by the Veterans' Land Board to Four Hundred Million Dollars. | ” |
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 17 during the 60th regular legislative session in 1967.[1]
See also
External links
Footnotes
| |||||
