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Texas Rainy Day Fund Appropriations Amendment (2015)
| Not on Ballot |
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| This measure was not put on an election ballot |
The Texas Rainy Day Fund Appropriations Amendment was not on the November 3, 2015 ballot in Texas as a legislatively referred constitutional amendment. The measure, upon voter approval, would have limited appropriations from the state's economic stabilization fund, or "rainy day fund," to a total amount determined by the Texas Comptroller of Public Accounts and in accordance with law. The appropriated amount would have not been allowed to cause a "fund balance of less than a prescribed minimum amount," except in emergencies.[1]
The measure was introduced into the Texas Legislature by Sen. Charles Perry (R-28) as Senate Joint Resolution 19.[2]
Text of measure
Ballot title
The proposed ballot title was:[1]
| “ | The constitutional amendment limiting appropriations from the economic stabilization fund ("rainy day fund") to a total amount that the comptroller of public accounts estimates will not result at any time in a fund balance of less than a prescribed minimum amount, other than in an emergency if certain requirements are met.[3] | ” |
Path to the ballot
- See also: Amending the Texas Constitution
The proposed constitutional amendment was filed by Sen. Charles Perry (R-28) as Senate Joint Resolution 19 on January 6, 2015.[2] A two-thirds vote in both chambers of the Texas State Legislature was required to refer this amendment to the ballot. Texas is one of 16 states that require a two-thirds supermajority vote in both chambers.
See also
External links
Footnotes
- ↑ 1.0 1.1 Texas Legislature, "SJR No. 19," accessed February 3, 2015
- ↑ 2.0 2.1 Texas Legislature, "SJR No. 19 History," accessed February 3, 2014
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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State of Texas Austin (capital) |
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