Bill Text: TX HJR141 | 2011-2012 | 82nd Legislature | Introduced
Bill Title: Proposing a constitutional amendment regarding the authorization of certain general obligation bonds or notes to provide financial assistance to counties for roadway projects to serve colonias.
Sponsorship: Partisan Bill (Democrat 1)
Status: (Introduced - Dead) 2011-04-18 - Left pending in committee [HJR141 Detail]
Download: Texas-2011-HJR141-Introduced.html
| 82R4774 JJT-D | ||
| By: Pena | H.J.R. No. 141 | |
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| proposing a constitutional amendment regarding the authorization | ||
| of certain general obligation bonds or notes to provide financial | ||
| assistance to counties for roadway projects to serve colonias. | ||
| BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 49-l, Article III, Texas Constitution, | ||
| is amended by adding Subsection (a-1) to read as follows: | ||
| (a-1) The legislature by general law may authorize the | ||
| governor to authorize the Texas Public Finance Authority or its | ||
| successor to issue under Subsection (a) of this section additional | ||
| general obligation bonds or notes of the State of Texas in an | ||
| aggregate amount not to exceed $60 million and to enter into related | ||
| credit agreements. | ||
| SECTION 2. This proposed constitutional amendment shall be | ||
| submitted to the voters at an election to be held November 8, 2011. | ||
| The ballot shall be printed to provide for voting for or against the | ||
| proposition: "The constitutional amendment authorizing the | ||
| issuance of up to $60 million in general obligation bonds or notes | ||
| to provide financial assistance to counties for roadway projects to | ||
| serve colonias." | ||
