SJR 55, 78th R.S.
Proposition Prop. 20 - The constitutional amendment authorizing the issuance of general obligation bonds or notes not to exceed $250 million payable from the general revenues of the state to provide loans to defense-related communities, that will be repaid by the defense-related community, for economic development projects, including projects that enhance the military value of military installations.
Outcome: Adopted
Election date: 09/13/2003
Votes for: 743,048
Votes against: 563,848
Enabling legislation
SB 652 (78 R.S.) Relating to economic development, strategic planning, and other issues regarding military facilities, and the merger of certain state agencies with military responsibilities; granting authority to issue bonds.
Articles affected
Article 3 :
Adds
§49-n
Analyses of proposed amendments:
House Research Organization Amendments Proposed for the September 13, 2003 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the September 13, 2003 election.
Effective dates
Unless otherwise specified, an amendment takes effect as part of the constitution on the date of the official canvass of election returns showing adoption of the amendment.
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