By: Duncan H.J.R. No. 69
73R5378 SOS-D
A JOINT RESOLUTION
1-1 proposing a constitutional amendment relating to constitutionally
1-2 dedicated funding for public institutions of higher education.
1-3 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-4 SECTION 1. Article VII, Section 17(a), of the Texas
1-5 Constitution is amended to read as follows:
1-6 (a) For each fiscal year beginning with the fiscal year that
1-7 begins September 1, 1995, $200 million is <In the fiscal year
1-8 beginning September 1, 1985, and each fiscal year thereafter, there
1-9 is hereby> appropriated out of the first money coming into the
1-10 state treasury not otherwise appropriated by the constitution <$100
1-11 million> to be used by eligible agencies and institutions of higher
1-12 education for the purpose of acquiring land either with or without
1-13 permanent improvements, constructing and equipping buildings or
1-14 other permanent improvements, major repair or rehabilitation of
1-15 buildings or other permanent improvements, and acquisition of
1-16 capital equipment, library books and library materials. During the
1-17 regular session of the legislature that is nearest, but preceding,
1-18 the beginning of each fifth fiscal year dating from September 1,
1-19 1985, the legislature may by two-thirds vote of the membership of
1-20 each house adjust the amount of the constitutional appropriation
1-21 for the ensuing five years but may not adjust the appropriation in
1-22 such a way as to impair any obligation created by the issuance of
1-23 bonds or notes in accordance with this section.
1-24 SECTION 2. This proposed constitutional amendment shall be
2-1 submitted to the voters at an election to be held on November 2,
2-2 1993. The ballot shall be printed to provide for voting for or
2-3 against the proposition: "The constitutional amendment relating to
2-4 the amount of certain constitutionally dedicated funding for public
2-5 institutions of higher education."