Texas Proposition 6, Interest Rate Limits for Bonds Amendment (August 1969)
| Texas Proposition 6 | |
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| Election date |
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| Topic Bond issues |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Texas Proposition 6 was on the ballot as a legislatively referred constitutional amendment in Texas on August 5, 1969. It was defeated.
A "yes" vote supported the amendment to remove the constitutional limitation on interest rates of bonds issued pursuant to constitutional authority. |
A "no" vote opposed the amendment to remove the constitutional limitation on interest rates of bonds issued pursuant to constitutional authority. |
Election results
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Texas Proposition 6 |
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| Result | Votes | Percentage | ||
| Yes | 282,096 | 47.50% | ||
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311,832 | 52.50% | ||
Text of measure
Ballot title
The ballot title for Proposition 6 was as follows:
| “ | Relating to proposing a constitutional amendment to remove constitutional limitations on rates of interest to be borne by bonds issued pursuant to constitutional authority. | ” |
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 7 during the 61st legislative session in 1969.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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