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By:  Deuell                                                     S.J.R. No. 44 
	(In the Senate - Filed March 11, 2005; March 23, 2005, read 
first time and referred to Committee on Intergovernmental 
Relations; May 2, 2005, reported favorably by the following vote:  
Yeas 4, Nays 0; May 2, 2005, sent to printer.)


SENATE JOINT RESOLUTION


proposing a constitutional amendment providing authorization for a 
county to issue bonds or notes to finance the development or 
redevelopment of an unproductive, underdeveloped, or blighted area 
within the county.
	BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:                       
	SECTION 1.  Subsection (b), Section 1-g, Article VIII, Texas 
Constitution, is amended to read as follows:
	(b)  The legislature by general law may authorize an 
incorporated city or town or a county to issue bonds or notes to 
finance the development or redevelopment of an unproductive, 
underdeveloped, or blighted area within the city, [or] town, or 
county and to pledge for repayment of those bonds or notes increases 
in ad valorem tax revenues imposed on property in the area by the 
city, [or] town, county, or [and] other political subdivisions.
	SECTION 2.  This proposed constitutional amendment shall be 
submitted to the voters at an election to be held November 8, 2005.  
The ballot shall be printed to permit voting for or against the 
proposition:  "The constitutional amendment providing 
authorization for a county to issue bonds or notes to finance the 
development or redevelopment of an unproductive, underdeveloped, 
or blighted area within the county."



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