1-1  By:  Mowery (Senate Sponsor - Harris of Dallas)       H.J.R. No. 57
    1-2        (In the Senate - Received from the House April 14, 1993;
    1-3  April 15, 1993, read first time and referred to Committee on
    1-4  Jurisprudence; May 4, 1993, reported favorably by the following
    1-5  vote:  Yeas 6, Nays 0; May 4, 1993, sent to printer.)
    1-6                            COMMITTEE VOTE
    1-7                          Yea     Nay      PNV      Absent 
    1-8        Henderson          x                               
    1-9        Harris of Tarrant  x                               
   1-10        Brown              x                               
   1-11        Harris of Dallas   x                               
   1-12        Luna               x                               
   1-13        Parker                                         x   
   1-14        West               x                               
   1-15                          A JOINT RESOLUTION
   1-16  proposing a constitutional amendment repealing the constitutional
   1-17  provision limiting the consideration for which stock and bonds of a
   1-18  corporation may be issued.
   1-19        BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
   1-20        SECTION 1.  Article XII, Section 6, of the Texas Constitution
   1-21  is repealed.
   1-22        SECTION 2.  This proposed constitutional amendment shall be
   1-23  submitted to the voters at an election to be held on November 2,
   1-24  1993.  The ballot shall be printed to provide for voting for or
   1-25  against the proposition:  "The constitutional amendment repealing
   1-26  certain restrictions on the ability of corporations to raise
   1-27  capital."
   1-28                               * * * * *
   1-29                                                         Austin,
   1-30  Texas
   1-31                                                         May 4, 1993
   1-32  Hon. Bob Bullock
   1-33  President of the Senate
   1-34  Sir:
   1-35  We, your Committee on Jurisprudence to which was referred H.J.R.
   1-36  No. 57, have had the same under consideration, and I am instructed
   1-37  to report it back to the Senate with the recommendation that it do
   1-38  pass and be printed.
   1-39                                                         Henderson,
   1-40  Chairman
   1-41                               * * * * *
   1-42                               WITNESSES
   1-43  No witnesses appeared on H.J.R. No. 57.