Texas Proposition 4, Investment of the Permanent School Fund Amendment (1942)
| Texas Proposition 4 | |
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| Election date |
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| Topic Bond issues 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 4 was on the ballot as a legislatively referred constitutional amendment in Texas on November 3, 1942. It was defeated.
A "yes" vote supported authorizing the investment of $2 million of the permanent school fund in state bonds issued to construct state office buildings. |
A "no" vote opposed authorizing the investment of $2 million of the permanent school fund in state bonds issued to construct state office buildings. |
Election results
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Texas Proposition 4 |
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| Result | Votes | Percentage | ||
| Yes | 80,512 | 46.89% | ||
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91,196 | 53.11% | ||
Text of measure
Ballot title
The ballot title for Proposition 4 was as follows:
| “ | Proposing a constitutional amendment to Article 3 of the Constitution of the State of Texas authorizing the lending of Two Million Dollars ($2,000,000) of the Permanent School Fund for the construction of a State office building or buildings; providing for repayment to 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 House Joint Resolution 23 during the 47th regular legislative session in 1942.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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