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SJR 16, 58th R.S.

Relating to proposing a constitutional amendment so as to authorize an increase in the total amount of bonds or obligations that may be issued by the Veterans' Land Board to Three Hundred Fifty Million Dollars (350,000,000.00); providing for the issuance of said bonds or obligations and the conditions relating thereto and the use of the Veterans' Land Fund.

Proposition Prop. 4 - For the Amendment to Section 49-b of Article III of the Constitution of Texas to increase the Veterans' Land Fund by $150,000,000.00; said Fund to be used for the purpose of purchasing land in Texas to be sold to Texas veterans who served in the Armed Services of the United States between September 16, 1940 and March 31, 1955; such funds to be expended in accordance with instructions and requirements that may be provided by law.

Outcome: Defeated

Election date: 11/09/1963

Votes for: 250,556
Votes against: 258,433

Articles affected Article 3 : Amends §49-b

Analyses of proposed amendments:
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 9, 1963 election.

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