Texas Proposition 8, Investment of University Funds Amendment (1932)
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| Election date |
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| Topic Education 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 not covered and historical Proposition 8 was on the ballot as a legislatively referred constitutional amendment in Texas not covered and historical on November 8, 1932. It was approved.
A "yes" vote supported eliminating the provision that the permanent university fund could be invested in bonds. |
A "no" vote opposed eliminating the provision that the permanent university fund could be invested in bonds. |
Election results
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| Result | Votes | Percentage | ||
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365,325 | 72.91% | ||
| No | 135,709 | 27.09% | ||
Text of measure
Ballot title
The ballot title for Proposition 8 was as follows:
| “ | Proposing an amendment striking out the provision authorizing the Permanent University Fund to be invested in bonds or obligations and pledges issued by the Board of Regents of the University. | ” |
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 Senate Joint Resolution 26 during the 42nd regular legislative session in 1932.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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