By Culberson                                          H.J.R. No. 53
       74R2137 ESH-D
                                  A JOINT RESOLUTION
    1-1  proposing a constitutional amendment relating to the composition of
    1-2  the permanent and available school funds.
    1-3        BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-4        SECTION 1.  Section 5(a), Article VII, Texas Constitution, is
    1-5  amended to read as follows:
    1-6        (a)  The principal of all bonds and other funds, and the
    1-7  principal arising from the sale of the lands hereinbefore set apart
    1-8  to said school fund, shall be the permanent school fund, and all
    1-9  the interest derivable therefrom and the taxes herein authorized
   1-10  and levied shall be the available school fund.  Fifty percent of
   1-11  the income from the mineral development of land constituting the
   1-12  permanent school fund, including income from mineral development of
   1-13  riverbeds and other submerged lands, shall not be part of the
   1-14  permanent or available school fund but shall be appropriated
   1-15  annually to the support of the public free schools.  The available
   1-16  school fund shall be applied annually to the support of the public
   1-17  free schools.  Except as provided by this section, no law shall
   1-18  ever be enacted appropriating any part of the permanent or
   1-19  available school fund to any other purpose whatever; nor shall the
   1-20  same, or any part thereof ever be appropriated to or used for the
   1-21  support of any sectarian school; and the available school fund
   1-22  herein provided shall be distributed to the several counties
   1-23  according to their scholastic population and applied in such manner
   1-24  as may be provided by law.
    2-1        SECTION 2.  This proposed constitutional amendment shall be
    2-2  submitted to the voters at an election to be held November 7, 1995.
    2-3  The ballot shall be printed to permit voting for or against the
    2-4  proposition:  "The constitutional amendment requiring that income
    2-5  from mineral rights to land dedicated to the permanent school fund
    2-6  be used for the support of public schools."