AUTHOR'S / SPONSOR'S STATEMENT OF INTENT
H.J.R. 109 proposes a constitutional amendment to clarify references to the permanent school fund and to allow the General Land Office or other entity to distribute revenue derived from permanent school fund land or other properties to the available school fund.
RULEMAKING AUTHORITY
This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency.
SECTION BY SECTION ANALYSIS
SECTION 1. Amends Section 49-b(h), Article III, Texas Constitution, to replace a reference to the Permanent Free Public School Fund with the Permanent School Fund.
SECTION 2. Amends Sections 2 and 4, Article VII, Texas Constitution, to replace references to the perpetual public school fund or the Public Free School Fund with the permanent school fund.
SECTION 3. Amends Section 5, Article VII, Texas Constitution, by adding Subsection (g), to authorize the General Land Office or an entity other than SBOE that has responsibility for the management of permanent school fund land or other properties to, in its sole discretion, notwithstanding any other provision of this constitution or of a statute, distribute to the available school fund each year any or all revenue derived during that year from the land or properties.
SECTION 4. Requires that the proposed constitutional amendment be submitted to the voters at an election to be held November 8, 2011. Sets forth the required language of the ballot.