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Texas Proposition 9, Growth Fund Investment Amendment (1995)

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Texas Proposition 9

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Election date

November 7, 1995

Topic
State and local government budgets, spending, and finance
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



Texas Proposition 9 was on the ballot as a legislatively referred constitutional amendment in Texas on November 7, 1995. It was defeated.

A "yes" vote supported allowing the Texas growth fund to invest in businesses without disclosing ties with South Africa or Namibia.

A "no" vote opposed allowing the Texas growth fund to invest in businesses without disclosing ties with South Africa or Namibia.


Election results

Texas Proposition 9

Result Votes Percentage
Yes 324,813 45.63%

Defeated No

387,087 54.37%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 9 was as follows:

Proposing a constitutional amendment allowing investment of money from the Texas growth fund in a business without the business's disclosure of its investments in or with South Africa or Namibia.

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 7 during the 74th regular legislative session in 1995.[1]

See also


External links

Footnotes