Texas Constitution:Article III, Section 49: Difference between revisions

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m (Text replacement - "}}↵↵Category:TxCon ArtIII Sec" to "|seo_title=Article III, Section _ of the Texas Constitution (" ... ") |seo_keywords=Article 3 Section _, Texas Legislature, ... |seo_description=The legislative power of Texas is vested in a Senate and House of Representatives. |seo_image=Texas_Constitution_of_1876_Article_3.jpg |seo_image_alt=Article III: Legislative Department }} Category:TxCon ArtIII Sec")
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Due to that amendment, numerous other amendments to the state constitution and a limited construction of it by the Supreme Court, this once important section currently has relatively little effect. Cf. Elizabeth Levatino & Steve Bickerstaff, ''The Proposed Constitution for Texas'', 29 SW L.J. 477, [https://scholar.smu.edu/cgi/viewcontent.cgi?article=3577&context=smulr#page=30 505] (1975) ("The apparent exceptions in section 49 to the debt prohibition—to repel invasion, suppress insurrection, etc., understandably have not proven to be of great fiscal significance.").
Due to that amendment, numerous other amendments to the state constitution and a limited construction of it by the Supreme Court, this once important section currently has relatively little effect. Cf. Elizabeth Levatino & Steve Bickerstaff, ''The Proposed Constitution for Texas'', 29 SW L.J. 477, [https://scholar.smu.edu/cgi/viewcontent.cgi?article=3577&context=smulr#page=30 505] (1975) ("The apparent exceptions in section 49 to the debt prohibition—to repel invasion, suppress insurrection, etc., understandably have not proven to be of great fiscal significance.").
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* ''Texas Public Bldg. Auth. v. Mattox'', 686 S.W.2d 924, [https://scholar.google.com/scholar_case?case=14825868039433200187#p928 928] (Tex. 1985) ("No debt of the state is created by the Act's provisions. Section 13 thereof expressly provides that the bonds are not debts of the state or any agency, political corporation, or political subdivision of the state and are not a pledge of the faith and credit of any of them. Both the Trust Indenture and the Bonds themselves contain virtually identical disclaimers. . . . Given the clear intent of the Legislature in passing the Act and this court's previous approval of a virtually identical arrangement in ''Armory Board'', we conclude that the Authority's proposed bond issuance is not in violation of article III, section 49.")
* ''Texas Public Bldg. Auth. v. Mattox'', 686 S.W.2d 924, [https://scholar.google.com/scholar_case?case=14825868039433200187#p928 928] (Tex. 1985) ("No debt of the state is created by the Act's provisions. Section 13 thereof expressly provides that the bonds are not debts of the state or any agency, political corporation, or political subdivision of the state and are not a pledge of the faith and credit of any of them. Both the Trust Indenture and the Bonds themselves contain virtually identical disclaimers. . . . Given the clear intent of the Legislature in passing the Act and this court's previous approval of a virtually identical arrangement in ''Armory Board'', we conclude that the Authority's proposed bond issuance is not in violation of article III, section 49.")


|seo_title=Article III, Section _ of the Texas Constitution (" ... ")
|seo_title=Article III, Section 49 of the Texas Constitution ("State Debts")
|seo_keywords=Article 3 Section _, Texas Legislature, ...
|seo_keywords=Article 3 Section 49, state debt, debt limitation
|seo_description=The legislative power of Texas is vested in a Senate and House of Representatives.
|seo_description=Due to numerous amendments to the state constitution and a limited construction of it by the Supreme Court, this once important section currently has relatively little effect.
|seo_image=Texas_Constitution_of_1876_Article_3.jpg
|seo_image=Texas_Constitution_of_1876_Article_3.jpg
|seo_image_alt=Article III: Legislative Department
|seo_image_alt=Article III: Legislative Department
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[[Category:TxCon ArtIII Sec]]
[[Category:TxCon ArtIII Sec]]
[[Category:WikiSEO Extension]]{{#seo:|author=Steven W. Smith|section=Law|published_time=01-01-2015|title=Article III, Section 49 of the Texas Constitution ("State Debts")|keywords=Article 3 Section 49, state debt, debt prohibition|description=Due to numerous amendments to the state constitution and a limited construction of it by the Supreme Court, this once important section currently has relatively little effect.}}

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