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A JOINT RESOLUTION
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proposing a constitutional amendment allowing increased |
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distributions to the available school fund. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 5(g), Article VII, Texas Constitution, |
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is amended to read as follows: |
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(g) Notwithstanding any other provision of this |
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constitution or of a statute, the State Board of Education, the |
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General Land Office, or another [an] entity [other than the State
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Board of Education] that has responsibility for the management of |
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revenues derived from permanent school fund land or other |
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properties may, in its sole discretion and in addition to other |
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distributions authorized under this constitution or a statute, |
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distribute to the available school fund each year revenue derived |
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during that year from the land or properties, not to exceed $600 |
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[$300] million by each entity each year. |
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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 provide for voting for or against the |
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proposition: "The constitutional amendment allowing increased |
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distributions to the available school fund." |