Proposition Prop. 3 - The constitutional amendment authorizing the legislature to provide for the recovery and further development of the state's economy, with goals of increasing job opportunities and other benefits for Texas residents, through state financing of the development and production of Texas products and businesses.
Outcome: Adopted
Election date: 11/07/1989
Votes for: 597,178
Votes against: 543,631
Enabling legislation
HB 1111 (71 R.S.) Relating to the issuance of general obligation or revenue bonds
to provide financial assistance to agricultural businesses and small rural
businesses.
Articles affected
Article 3 :
Adds
§49-i
Article 16 :
Adds
§71
Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 7, 1989 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 7, 1989 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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