By: Shelley S.J.R. No. 3 73R1984 CAG-F A JOINT RESOLUTION 1-1 proposing a constitutional amendment relating to the lending or 1-2 granting of public money, a thing of value, or credit by a county 1-3 in case of a disaster. 1-4 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Article III, Section 52, Subsection (a) of the 1-6 Texas Constitution is amended to read as follows: 1-7 (a) Except as otherwise provided by this section, the 1-8 Legislature shall have no power to authorize any county, city, town 1-9 or other political corporation or subdivision of the State to lend 1-10 its credit or to grant public money or thing of value in aid of, or 1-11 to any individual, association or corporation whatsoever, or to 1-12 become a stockholder in such corporation, association or company. 1-13 However, this section does not prohibit the use of public funds, a 1-14 thing of value, or credit: 1-15 (1) by a county if the county judge declares that 1-16 there is a disaster affecting life or property in the county and if 1-17 the funds, thing of value, or credit is lent or granted only to 1-18 protect life or property and only with the property owner's or 1-19 resident's consent; or 1-20 (2) for the payment of premiums on nonassessable life, 1-21 health, or accident insurance policies and annuity contracts issued 1-22 by a mutual insurance company authorized to do business in this 1-23 State. 1-24 SECTION 2. This proposed constitutional amendment shall be 2-1 submitted to the voters at an election to be held November 2, 1993. 2-2 The ballot shall be printed to provide for voting for or against 2-3 the proposition: "The constitutional amendment permitting a county 2-4 to provide assistance funds, a thing of value, or credit to protect 2-5 life or property during a disaster."