A JOINT RESOLUTION 1-1 proposing a constitutional amendment permitting a political 1-2 subdivision to purchase property and casualty insurance from 1-3 certain mutual insurance companies. 1-4 BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-5 SECTION 1. Section 52(a), Article III, Texas Constitution, 1-6 is amended to read as follows: 1-7 (a) Except as otherwise provided by this section, the 1-8 Legislature shall have no power to authorize any county, city, town 1-9 or other political corporation or subdivision of the State to lend 1-10 its credit or to grant public money or thing of value in aid of, or 1-11 to any individual, association or corporation whatsoever, or to 1-12 become a stockholder in such corporation, association or company. 1-13 However, this section does not prohibit the use of public funds or 1-14 credit for the payment of premiums on nonassessable property and 1-15 casualty, life, health, or accident insurance policies and annuity 1-16 contracts issued by a mutual insurance company authorized to do 1-17 business in this State. 1-18 SECTION 2. This proposed constitutional amendment shall be 1-19 submitted to the voters at an election to be held on November 2, 1-20 1999. The ballot shall be printed to permit voting for or against 1-21 the proposition: "The constitutional amendment permitting a 1-22 political subdivision to purchase nonassessable property and 1-23 casualty insurance from an authorized mutual insurance company in 1-24 the same manner that the political subdivision purchases life, 2-1 health, and accident insurance." _______________________________ _______________________________ President of the Senate Speaker of the House I certify that H.J.R. No. 69 was passed by the House on May 3, 1999, by the following vote: Yeas 139, Nays 1, 2 present, not voting. _______________________________ Chief Clerk of the House I certify that H.J.R. No. 69 was passed by the Senate on May 18, 1999, by the following vote: Yeas 30, Nays 0. _______________________________ Secretary of the Senate RECEIVED: _____________________ Date _____________________ Secretary of State