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

Texas Proposition 1
Election date November 2, 1993
Topic Bond issues and Economic development
Status Defeated
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%
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.

See also

1993 Measures

• 1993 Measures
• Economic development on the ballot
• Bond issues on the ballot
• 1993 legislative sessions

Texas

• Texas ballot measures
• Texas ballot measure laws

News and analysis

• Ballot measure lawsuits
• Ballot measure readability
• Ballot measure polls

External links

• Legislative Reference Library of Texas, Constitutional Amendments