By:  Harris, Ike                                      S.J.R. No. 44
       73R3861 CAS-F
                                  A JOINT RESOLUTION
    1-1  proposing a constitutional amendment providing for an increase in
    1-2  the principal amount of bonds for the support of the Texas
    1-3  agricultural fund that may be outstanding at one time.
    1-4        BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Article III, Section 49-i(b), of the Texas
    1-6  Constitution is amended to read as follows:
    1-7        (b)  The principal amount of bonds outstanding at one time
    1-8  may not exceed $250 <$25> million for the Texas agricultural fund
    1-9  and $5 million for the rural microenterprise development fund.
   1-10        SECTION 2.  This proposed constitutional amendment shall be
   1-11  submitted to the voters at an election to be held on November 2,
   1-12  1993.  The ballot shall be printed to provide for voting for or
   1-13  against the proposition:  "The constitutional amendment authorizing
   1-14  up to $250 million in outstanding general obligation bonds to
   1-15  finance the Texas agricultural fund for providing financial
   1-16  assistance to develop, increase, improve, or expand the production,
   1-17  processing, marketing, or export of crops or products grown or
   1-18  produced primarily in this state by agricultural businesses
   1-19  domiciled in the state."