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House Joint Resolution 80 |
House Author: Krusee |
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For Election: 11-8-05 |
Senate Sponsor: Ogden |
House Joint Resolution 80 proposes a constitutional amendment to clarify that a program created or a loan or grant of public money made for economic development that is not secured by a pledge of ad valorem taxes or financed by the issuance of any bonds or other obligations payable from ad valorem taxes of the political subdivision does not constitute or create a debt for the purpose of any provision of the Texas Constitution.