By: Culberson H.J.R. No. 32
73R2767 ESH-D
A JOINT RESOLUTION
1-1 proposing a constitutional amendment relating to the composition of
1-2 the permanent and available school funds.
1-3 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Article VII, Section 5(a), of the Texas
1-5 Constitution is amended to read as follows:
1-6 (a) The principal of all bonds and other funds, and the
1-7 principal arising from the sale of the lands hereinbefore set apart
1-8 to said school fund, shall be the permanent school fund, and all
1-9 the interest derivable therefrom and the taxes herein authorized
1-10 and levied shall be the available school fund. Fifty percent of
1-11 the income from the mineral development of land constituting the
1-12 permanent school fund, including income from mineral development of
1-13 riverbeds and other submerged lands, shall not be part of the
1-14 permanent or available school fund but shall be appropriated
1-15 annually to the support of the public free schools. The available
1-16 school fund shall be applied annually to the support of the public
1-17 free schools. Except as provided by this section, no law shall
1-18 ever be enacted appropriating any part of the permanent or
1-19 available school fund to any other purpose whatever; nor shall the
1-20 same, or any part thereof ever be appropriated to or used for the
1-21 support of any sectarian school; and the available school fund
1-22 herein provided shall be distributed to the several counties
1-23 according to their scholastic population and applied in such manner
1-24 as may be provided by law.
2-1 SECTION 2. This proposed constitutional amendment shall be
2-2 submitted to the voters at an election to be held May 1, 1993. The
2-3 ballot shall be printed to provide for voting for or against the
2-4 proposition: "The constitutional amendment requiring that income
2-5 from mineral rights to land dedicated to the permanent school fund
2-6 be used for the support of public schools."