6,158
edits
Texas Constitution:Article III, Section 50-d (view source)
Revision as of 10:54, June 17, 2024
, June 17, 2024Text replacement - "this constitution" to "this Constitution"
mNo edit summary |
m (Text replacement - "this constitution" to "this Constitution") |
||
| (One intermediate revision by the same user not shown) | |||
| Line 5: | Line 5: | ||
'''(b) The proceeds from the sale of Texas Agricultural Water Conservation Bonds shall be deposited in a fund created in the State Treasury to be known as the Agricultural Water Conservation Fund.''' | '''(b) The proceeds from the sale of Texas Agricultural Water Conservation Bonds shall be deposited in a fund created in the State Treasury to be known as the Agricultural Water Conservation Fund.''' | ||
'''(c) Texas Agricultural Water Conservation Bonds are general obligations of the State of Texas. During the time that Texas Agricultural Water Conservation Bonds or any interest on those bonds is outstanding or unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this | '''(c) Texas Agricultural Water Conservation Bonds are general obligations of the State of Texas. During the time that Texas Agricultural Water Conservation Bonds or any interest on those bonds is outstanding or unpaid, there is appropriated out of the first money coming into the State Treasury in each fiscal year, not otherwise appropriated by this Constitution, an amount that is sufficient to pay the principal of and interest on those bonds that mature or become due during that fiscal year.''' | ||
'''(d) The terms, conditions, provisions, and procedures for issuance and sale and management of proceeds of Texas Agricultural Water Conservation Bonds shall be provided by law.''' | '''(d) The terms, conditions, provisions, and procedures for issuance and sale and management of proceeds of Texas Agricultural Water Conservation Bonds shall be provided by law.''' | ||
| Line 24: | Line 24: | ||
|seo_keywords=Article 3 Section 50-d, agriculture bonds, debt authorization | |seo_keywords=Article 3 Section 50-d, agriculture bonds, debt authorization | ||
|seo_description=The Legislature may provide that the Texas Water Development Board has authority to issue certain bonds. | |seo_description=The Legislature may provide that the Texas Water Development Board has authority to issue certain bonds. | ||
|seo_image= | |seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg | ||
|seo_image_alt=Article III: Legislative Department | |seo_image_alt=Article III: Legislative Department | ||