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Proposition Number 2 (SJR 4) issuance of $6 billion bonds by the Texas Water Development Board |
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Texas Ballot Measure / Referendum |
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November 8, 2011 Texas Constitutional Amendment Election |
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Description:
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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Detail:
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. |
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Full Text:
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