By: J. Johnson of Dallas H.J.R. No. 141
 
 
 
A JOINT RESOLUTION
  proposing a constitutional amendment authorizing the issuance of
  general obligation bonds for conducting a program to create
  additional housing for individuals with an intellectual or
  developmental disability.
         BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Article III, Texas Constitution, is amended by
  adding Section 68 to read as follows:
         Sec. 68.  (a)  The legislature by general law may authorize
  the Texas Public Finance Authority or its successor in function to
  provide for, issue, and sell general obligation bonds of the State
  of Texas in an amount not to exceed $10 million for the purpose of
  funding a program to create additional housing for individuals with
  an intellectual or developmental disability.
         (b)  Proceeds from the sale of the bonds shall be deposited
  in separate funds or accounts, as provided by general law, in the
  state treasury to be used by the Health and Human Services
  Commission or its successor in function to conduct the program
  described by this section.
         (c)  The bond proceeds may be used to pay the costs of issuing
  the bonds and any administrative expense related to the bonds.
         (d)  While any of the bonds or interest on the bonds
  authorized by this section is outstanding and unpaid, from the
  first money coming into the state treasury in each fiscal year not
  otherwise appropriated by this constitution, an amount sufficient
  to pay the principal of and interest on bonds that mature or become
  due during the fiscal year and to make payments that become due
  under a related credit agreement during the fiscal year is
  appropriated, less the amount in the sinking fund at the close of
  the previous fiscal year.
         (e)  Bonds issued under this section, after approval by the
  attorney general, registration by the comptroller of public
  accounts, and delivery to the purchasers, are incontestable and are
  general obligations of the State of Texas under this constitution.
         (f)  The Texas Public Finance Authority shall consider using
  a business whose principal place of business is located in this
  state to issue the bonds authorized by this section and shall
  include using a historically underutilized business as defined by
  general law.
         SECTION 2.  This proposed constitutional amendment shall be
  submitted to the voters at an election to be held November 5, 2019.
  The ballot shall be printed to permit voting for or against the
  proposition: "The constitutional amendment authorizing the
  issuance of general obligation bonds for conducting a program to
  create additional housing for individuals with an intellectual or
  developmental disability."