By: Whitmire S.J.R. No. 45 73R6827 GWK-D A JOINT RESOLUTION 1-1 proposing a constitutional amendment providing for the issuance of 1-2 general obligation bonds for acquiring, constructing, or equipping 1-3 corrections institutions and for major repair or renovation of 1-4 existing facilities of corrections institutions. 1-5 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Article III, Section 49-h, of the Texas 1-7 Constitution is amended by adding Subsection (e) to read as 1-8 follows: 1-9 (e)(1) The legislature may authorize the issuance of up to 1-10 $1 billion in general obligation bonds, in addition to the amount 1-11 authorized by Subsections (a) and (c) of this section, and use the 1-12 proceeds of the bonds for acquiring, constructing, or equipping new 1-13 corrections institutions and for major repair or renovation of 1-14 existing facilities of corrections institutions. 1-15 (2) The provisions of Subsection (a) of this section 1-16 relating to the review and approval of bonds and the provisions of 1-17 Subsection (b) of this section relating to the status of the bonds 1-18 as a general obligation of the state and to the manner in which the 1-19 principal and interest on the bonds are paid apply to bonds 1-20 authorized under this subsection. 1-21 SECTION 2. This proposed constitutional amendment shall be 1-22 submitted to the voters at an election to be held November 2, 1993. 1-23 The ballot shall be printed to provide for voting for or against 1-24 the proposition: "The constitutional amendment authorizing the 2-1 issuance of up to $1 billion in general obligation bonds payable 2-2 from the general revenues of the state for projects relating to 2-3 facilities of corrections institutions."