By Giddings                                     H.J.R. No. 64

      75R3333 DWS-D                           

                                 A JOINT RESOLUTION

 1-1     proposing a constitutional amendment allowing investment of money

 1-2     from the Texas growth fund in a business without the business's

 1-3     disclosure of its investments in or with South Africa or Namibia.

 1-4           BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-5           SECTION 1.  Article XVI, Section 70(r), of the Texas

 1-6     Constitution is repealed.

 1-7           SECTION 2.  This proposed constitutional amendment shall be

 1-8     submitted to the voters at an election to be held November 4, 1997.

 1-9     The ballot shall be printed to permit voting for or against the

1-10     proposition:  "The constitutional amendment allowing the Texas

1-11     growth fund to invest money in a business without that business

1-12     having to disclose its investments in or with South Africa or

1-13     Namibia."