Bill Text: TX HJR12 | 2019-2020 | 86th Legislature | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Proposing a constitutional amendment authorizing the legislature to increase the maximum bond amount authorized for the Cancer Prevention and Research Institute of Texas.
Spectrum: Bipartisan Bill
Status: (Enrolled - Dead) 2019-05-14 - Filed with the Secretary of State [HJR12 Detail]
Download: Texas-2019-HJR12-Comm_Sub.html
Bill Title: Proposing a constitutional amendment authorizing the legislature to increase the maximum bond amount authorized for the Cancer Prevention and Research Institute of Texas.
Spectrum: Bipartisan Bill
Status: (Enrolled - Dead) 2019-05-14 - Filed with the Secretary of State [HJR12 Detail]
Download: Texas-2019-HJR12-Comm_Sub.html
By: Zerwas, et al. | H.J.R. No. 12 | |
(Senate Sponsor - Nelson, et al.) | ||
(In the Senate - Received from the House April 17, 2019; | ||
May 1, 2019, read first time and referred to Committee on Finance; | ||
May 7, 2019, reported favorably by the following vote: Yeas 14, | ||
Nays 0; May 7, 2019, sent to printer.) | ||
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proposing a constitutional amendment authorizing the legislature | ||
to increase the maximum bond amount authorized for the Cancer | ||
Prevention and Research Institute of Texas. | ||
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 67(c), Article III, Texas Constitution, | ||
is amended to read as follows: | ||
(c) The legislature by general law may authorize the Texas | ||
Public Finance Authority to provide for, issue, and sell general | ||
obligation bonds of the State of Texas on behalf of the Cancer | ||
Prevention and Research Institute of Texas in an amount not to | ||
exceed $6 [ |
||
The Texas Public Finance Authority may not issue more than $300 | ||
million in bonds authorized by this subsection in a year. The bonds | ||
shall be executed in the form, on the terms, and in the | ||
denominations, bear interest, and be issued in installments as | ||
prescribed by the Texas Public Finance Authority. | ||
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 | ||
legislature to increase by $3 billion the maximum bond amount | ||
authorized for the Cancer Prevention and Research Institute of | ||
Texas." | ||
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