5,594
edits
Texas Constitution:Article III, Section 49-d-11: Difference between revisions
Jump to navigation
Jump to search
Texas Constitution:Article III, Section 49-d-11 (view source)
Revision as of 13:44, June 20, 2024
, June 20no edit summary
Tag: Undo |
mNo edit summary |
||
| Line 5: | Line 5: | ||
'''(b) Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article applies to the bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of previously authorized bonds does not apply to the bonds authorized by and issued under this section.''' | '''(b) Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article applies to the bonds authorized by this section. The limitation in Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article that the Texas Water Development Board may not issue bonds in excess of the aggregate principal amount of previously authorized bonds does not apply to the bonds authorized by and issued under this section.''' | ||
'''(c) A limitation on the percentage of | '''(c) A limitation on the percentage of State participation in any single project imposed by this Article does not apply to a project funded with the proceeds of bonds issued under the authority of this section or Section [[Texas Constitution:Article III, Section 49-d-8|49-d-8]] of this Article.''' | ||
|editor= | |editor= | ||
| Line 23: | Line 23: | ||
|seo_title=Article III, Section 49-d-11 of the Texas Constitution ("Authorization for Bonds for Texas Water Development Fund II") | |seo_title=Article III, Section 49-d-11 of the Texas Constitution ("Authorization for Bonds for Texas Water Development Fund II") | ||
|seo_keywords=Article 3 Section 49-d-11, water bonds, debt authorization | |seo_keywords=Article 3 Section 49-d-11, water bonds, debt authorization | ||
|seo_description=Subsection (a), | |seo_description=Subsection (a), an "evergreen" provision, makes the $6 billion in additional authority continuous. | ||
|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg | |seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg | ||
|seo_image_alt=Article III: Legislative Department | |seo_image_alt=Article III: Legislative Department | ||