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Proposition Prop. 3 - The constitutional amendment allowing the use of existing bond authority of the farm and ranch finance program to include financial assistance for the expansion, development, and diversification of production, processing, marketing, and export of Texas agricultural products.

Outcome: Adopted

Election date: 11/07/1995

Votes for: 400,968
Votes against: 315,880

Enabling legislation
SB 1260 (74 R.S.) Relating to the use of the general obligation bonding authority of the farm and ranch finance program fund for the Texas agricultural fund within the Texas Agricultural Finance Authority.

Articles affected Article 3 : Amends §49-f (b)    Adds §49-f (g)   

Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 7, 1995 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 7, 1995 election.

Effective dates
Unless otherwise specified, an amendment takes effect as part of the constitution on the date of the official canvass of election returns showing adoption of the amendment.

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