74R8855 RJA-D By Patterson, Black, Brimer, Kubiak, Giddings H.J.R. No. 98 Substitute the following for H.J.R. No. 98: By Black C.S.H.J.R. No. 98 A JOINT RESOLUTION 1-1 proposing a constitutional amendment relating to centralizing loan 1-2 and loan guarantee programs of the state. 1-3 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Article III, Texas Constitution, is amended by 1-5 adding Section 52-c to read as follows: 1-6 Sec. 52-c. Notwithstanding any other provision of this 1-7 constitution, the legislature may by general law provide for the 1-8 centralization of all loan and loan guarantee programs of the 1-9 state. The legislature may provide that all administrative 1-10 services, including the approval of applicants and the servicing of 1-11 loans, and the issuance of bonds and all powers and duties related 1-12 to the issuance of the bonds may be performed by a single agency or 1-13 by one or more agencies as the legislature determines. An 1-14 authorization in this constitution to issue bonds for a loan or 1-15 loan guarantee program or to implement and administer such a 1-16 program is not affected by this provision except to the extent the 1-17 legislature provides that the issuance, implementation, or 1-18 administration be performed by an agency other than that provided 1-19 by the authorization. 1-20 SECTION 2. This proposed constitutional amendment shall be 1-21 submitted to the voters at an election to be held on November 7, 1-22 1995. The ballot shall be printed to permit voting for or against 1-23 the proposition: "The constitutional amendment authorizing the 1-24 legislature to centralize state agency loan and loan guarantee 2-1 programs."