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."