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A JOINT RESOLUTION
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proposing a constitutional amendment providing for the issuance of |
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general obligation bonds by the Texas Public Finance Authority to |
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fund research, treatment, and access to services in this state for |
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behavioral health, mental health, and substance use and addiction |
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issues. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Article III, Texas Constitution, is amended by |
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adding Section 68 to read as follows: |
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Sec. 68. (a) Subject to Subsection (b) of this section, the |
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legislature by general law may authorize the Texas Public Finance |
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Authority or its successor to provide for, issue, and sell general |
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obligation bonds of the State of Texas and to enter into related |
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credit agreements for the purpose of funding programs: |
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(1) to research behavioral health issues generally, |
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including causes of behavioral health issues, public health trends |
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and strategies regarding behavioral health issues, and new |
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behavioral health treatments, interventions, and other solutions; |
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(2) to research substance use and addiction issues, |
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including genetic determinates of addiction, identification of and |
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mitigation of substance use and addiction risk factors, addiction |
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recovery, pain management strategies, and prescription practices; |
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(3) to research behavioral health and mental health |
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issues affecting children and adolescents, including unidentified |
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and untreated mental illness, involvement in the juvenile justice |
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system, and suicide prevention; and |
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(4) to address the shortage of mental health |
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professionals in this state, including programs to increase access |
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to mental health professionals in this state, programs to increase |
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the use of telemedicine in the treatment of behavioral health or |
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mental health issues, and programs to provide loan repayment |
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assistance and other funding for mental health professionals, |
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including physicians and advanced practice nurses trained in the |
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prevention, diagnosis, and treatment of mental illness in children |
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and adolescents. |
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(b) The Texas Public Finance Authority may not issue or sell |
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general obligation bonds authorized under this section in an amount |
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that exceeds $3 billion and may not issue in a year more than $500 |
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million in bonds authorized under this section. |
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(c) Proceeds from the sale of the bonds shall be deposited |
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in separate funds or accounts, as provided by general law, in the |
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state treasury to be used by the Health and Human Services |
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Commission or its successor to provide grants to public or private |
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institutions of higher education in this state or other state |
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agencies or government entities for the purposes provided by |
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Subsection (a) of this section. |
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(d) The bond proceeds may be used to pay the costs of issuing |
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the bonds and any administrative expense related to the bonds. |
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(e) While any of the bonds or interest on the bonds is |
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outstanding and unpaid, from the first money coming into the state |
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treasury in each fiscal year not otherwise appropriated by this |
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constitution, an amount sufficient to pay the principal of and |
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interest on bonds that mature or become due during the fiscal year |
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and to make payments that become due under a related credit |
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agreement during the fiscal year is appropriated, less the amount |
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in the sinking fund at the close of the previous fiscal year. |
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(f) Bonds issued under this section, after approval by the |
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attorney general, registration by the comptroller of public |
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accounts, and delivery to the purchasers, are incontestable and are |
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general obligations of the State of Texas under this constitution. |
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SECTION 2. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 5, 2019. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment providing for the |
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issuance of up to $3 billion in general obligation bonds by the |
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Texas Public Finance Authority to fund research, treatment, and |
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access to services in this state for behavioral health, mental |
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health, and substance use and addiction issues." |