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Providing for the Issuance of Additional General Obligation Bonds by the Texas Water Development Board

Texas Ballot Measure - Proposition 2 (SJR 4)

Election: Nov. 8, 2011 (General)

Outcome: Passed

Categories:

Infrastructure
Constitution
Government Budget and Spending

Summary

SJR 4 would amend the constitution to authorize the Texas Water Development Board to issue additional general obligation bonds on a continuing basis for one or more accounts of the Texas Water Development Fund II, with the restriction that the total amount of bonds outstanding at any time does not exceed $6 billion.

Measure Text


    The constitutional amendment providing for the issuance of additional general obligation bonds by the Texas Water Development Board in an amount not to exceed $6 billion at any time outstanding.

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      Official Summary

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