Texas Proposition 1, Bonds for Economic Recovery Amendment (1993)

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Texas Proposition 1

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Election date

November 2, 1993

Topic
Bond issues and Economic development
Status

DefeatedDefeated

Type
Legislatively referred constitutional amendment
Origin

State legislature



Texas Proposition 1 was on the ballot as a legislatively referred constitutional amendment in Texas on November 2, 1993. It was defeated.

A "yes" vote supported authorizing the legislature to issue $50 million in bonds for economic recovery, development, job opportunities, and support for historically underutilized businesses.

A "no" vote opposed authorizing the legislature to issue $50 million in bonds for economic recovery, development, job opportunities, and support for historically underutilized businesses.


Election results

Texas Proposition 1

Result Votes Percentage
Yes 332,248 30.21%

Defeated No

767,543 69.79%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Proposition 1 was as follows:

Proposing a constitutional amendment authorizing the legislature to provide for the issuance of bonds for the state financing of start-up costs for historically underutilized businesses.

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 9 during the 73rd regular legislative session in 1993.[1]

See also


External links

Footnotes