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 Article XII, Section 6, of the Texas Constitution 1-21 is repealed. 1-22 SECTION 2.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.