Texas Proposition 9, Permanent School Fund Distributions Amendment (September 2003)
| Texas Proposition 9 | |
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| Election date |
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| Topic State and local government budgets, spending, and finance |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Texas Proposition 9 was on the ballot as a legislatively referred constitutional amendment in Texas on September 13, 2003. It was approved.
A "yes" vote supported adjusting permanent and available school funds, mandating annual distributions to the available school fund based on a percentage increase in the total investment assets of the permanent school fund for the next two fiscal years. |
A "no" vote opposed adjusting permanent and available school funds, mandating annual distributions to the available school fund based on a percentage increase in the total investment assets of the permanent school fund for the next two fiscal years. |
Election results
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Texas Proposition 9 |
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| Result | Votes | Percentage | ||
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655,983 | 50.30% | ||
| No | 648,167 | 49.70% | ||
Text of measure
Ballot title
The ballot title for Proposition 9 was as follows:
| “ | Proposing a constitutional amendment authorizing the Veterans' Land Board to make certain payments on revenue bonds and to use assets in certain funds to provide for veterans homes and a constitutional amendment relating to the use of income and appreciation of the permanent school 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 68 during the 78th regular legislative session in 2003.[1]
See also
External links
Footnotes
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State of Texas Austin (capital) |
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