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Texas Proposition 7, Veterans' Land Bonds Amendment (1981)

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Texas Proposition 7

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Election date

November 3, 1981

Topic
Bond issues and Veterans policy
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Texas Proposition 7 was on the ballot as a legislatively referred constitutional amendment in Texas on November 3, 1981. It was approved.

A "yes" vote supported the amendment to authorize the sale of an additional $250 million worth of bonds for the veteran's land fund and raise the maximum interest rate on these bonds from 6 to 10 percent.

A "no" vote opposed the amendment to authorize the sale of an additional $250 million worth of bonds for the veteran's land fund and raise the maximum interest rate on these bonds from 6 to 10 percent.


Election results

Texas Proposition 7

Result Votes Percentage

Approved Yes

511,371 64.76%
No 278,306 35.24%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 7 was as follows:

Proposing a constitutional amendment to authorize the issuance of additional bonds or obligations of the state for the veterans' land 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 4 during the 1st called legislative session in 1981.[1]

See also


External links

Footnotes