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Texas Proposition 5, University Fund Investment Amendment (August 1887)
| Texas Proposition 5 | |
|---|---|
| Election date |
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| Topic Higher education funding and Restricted-use funds |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Texas Proposition 5 was on the ballot as a legislatively referred constitutional amendment in Texas on August 4, 1887. It was defeated.
A "yes" vote supported the establishment of a permanent University fund for the University of Texas and the authorization monies from this fund to be invested in United States bonds. |
A "no" vote opposed the establishment of a permanent University fund for the University of Texas and the authorization of monies from this fund to be invested in United States bonds. |
Election results
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Texas Proposition 5 |
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|---|---|---|---|---|
| Result | Votes | Percentage | ||
| Yes | 66,958 | 28.76% | ||
| 165,856 | 71.24% | |||
Text of measure
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 18 during the 20th regular legislative session in 1887.[1]
See also
External links
Footnotes