By Patterson H.J.R. No. 92 74R6062 RJA-D A JOINT RESOLUTION 1-1 proposing a constitutional amendment relating to the use of 1-2 proceeds of bonds issued for financing of farm and ranch land. 1-3 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Section 49-f, Article III, Texas Constitution, 1-5 is amended by adding Subsection (g) to read as follows: 1-6 (g) Notwithstanding Subsections (a) and (b) of this section, 1-7 the proceeds of $200 million of the bonds authorized by this 1-8 section may be used for the purposes provided by Section 49-i of 1-9 this article, and the proceeds of bonds issued for those purposes 1-10 under this subsection shall be deposited in the Texas agricultural 1-11 fund to be administered in the same manner that proceeds of bonds 1-12 issued under Section 49-i of this article are administered. 1-13 SECTION 2. This proposed constitutional amendment shall be 1-14 submitted to the voters at an election to be held on November 7, 1-15 1995. The ballot shall be printed to permit voting for or against 1-16 the proposition: "The constitutional amendment expanding the use 1-17 of bond proceeds of the farm and ranch finance program to include 1-18 financial assistance for the expansion, development, and 1-19 diversification of production, processing, marketing, and export of 1-20 Texas agricultural products." 1-21 COMMITTEE AMENDMENT NO. 1 1-22 Amend H.J.R. 92 as follows: 1-23 (1) On page 1, line 16, beginning with the word "The", 1-24 strike lines 16 through 20. 2-1 (2) On page 1, line 16, following the word "proposition", 2-2 insert the following: 2-3 "The constitutional amendment including diversifying the 2-4 production, processing, marketing and export of Texas agricultural 2-5 products and other rural economic development programs as 2-6 authorized uses of farm and ranch finance program bonds approved by 2-7 the voters in 1989." 2-8 Swinford