Texas Constitution:Article III, Section 49-f - Revision history

Admin: Text replacement - "this article" to "this Article"

2024-06-19T19:35:02Z

Text replacement - "this article" to "this Article"

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	'''(b) Except as provided by Subsection (g) of this section, all money received from the sale of the bonds shall be deposited in a fund created with the Comptroller of Public Accounts to be known as the Farm and Ranch Finance Program Fund. This fund shall be administered by the Texas Agricultural Finance Authority in the manner prescribed by law.'''		'''(b) Except as provided by Subsection (g) of this section, all money received from the sale of the bonds shall be deposited in a fund created with the Comptroller of Public Accounts to be known as the Farm and Ranch Finance Program Fund. This fund shall be administered by the Texas Agricultural Finance Authority in the manner prescribed by law.'''

	'''(c) Section [[Texas Constitution:Article III, Section 65\|65(b)]] of this ~~article~~ applies to the payment of interest on the bonds.'''		'''(c) Section [[Texas Constitution:Article III, Section 65\|65(b)]] of this Article applies to the payment of interest on the bonds.'''

	'''(d) The principal amount of bonds outstanding at one time may not exceed $500 million.'''		'''(d) The principal amount of bonds outstanding at one time may not exceed $500 million.'''
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	'''(f) The bonds shall be approved by the Attorney General and registered with the Comptroller of Public Accounts. The bonds, when approved and registered, are general obligations of the state and are incontestable.'''		'''(f) The bonds shall be approved by the Attorney General and registered with the Comptroller of Public Accounts. The bonds, when approved and registered, are general obligations of the state and are incontestable.'''

	'''(g) Notwithstanding Subsection (a) of this section, the proceeds of $200 million of the bonds authorized by this section may be used for the purposes provided by Section [[Texas Constitution:Article III, Section 49-i\|49-i]] of this ~~article~~ and for other rural economic development programs, and the proceeds of bonds issued for those purposes under this subsection shall be deposited in the Texas Agricultural Fund, to be administered in the same manner that proceeds of bonds issued under Section [[Texas Constitution:Article III, Section 49-i\|49-i]] of this ~~article~~ are administered.'''		'''(g) Notwithstanding Subsection (a) of this section, the proceeds of $200 million of the bonds authorized by this section may be used for the purposes provided by Section [[Texas Constitution:Article III, Section 49-i\|49-i]] of this Article and for other rural economic development programs, and the proceeds of bonds issued for those purposes under this subsection shall be deposited in the Texas Agricultural Fund, to be administered in the same manner that proceeds of bonds issued under Section [[Texas Constitution:Article III, Section 49-i\|49-i]] of this Article are administered.'''

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Admin: Text replacement - "this constitution" to "this Constitution"

2024-06-17T15:54:30Z

Text replacement - "this constitution" to "this Constitution"

← Older revision		Revision as of 10:54, June 17, 2024
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	'''(d) The principal amount of bonds outstanding at one time may not exceed $500 million.'''		'''(d) The principal amount of bonds outstanding at one time may not exceed $500 million.'''

	'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year not otherwise appropriated by this ~~constitution~~ an amount that is sufficient to pay the principal and interest on the bonds that mature or become due during the fiscal year less the amount in the interest and sinking fund at the close of the prior fiscal year.'''		'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year not otherwise appropriated by this Constitution an amount that is sufficient to pay the principal and interest on the bonds that mature or become due during the fiscal year less the amount in the interest and sinking fund at the close of the prior fiscal year.'''

	'''(f) The bonds shall be approved by the Attorney General and registered with the Comptroller of Public Accounts. The bonds, when approved and registered, are general obligations of the state and are incontestable.'''		'''(f) The bonds shall be approved by the Attorney General and registered with the Comptroller of Public Accounts. The bonds, when approved and registered, are general obligations of the state and are incontestable.'''

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2024-06-02T19:39:44Z

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← Older revision		Revision as of 14:39, June 2, 2024
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	\|seo_keywords=Article 3 Section 49-f, development bonds, debt authorization		\|seo_keywords=Article 3 Section 49-f, development bonds, debt authorization
	\|seo_description=The Legislature may provide for the issuance of bonds to assist the purchase of farm and ranch land.'''		\|seo_description=The Legislature may provide for the issuance of bonds to assist the purchase of farm and ranch land.'''
	\|seo_image=~~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

Admin at 14:49, August 9, 2023

2023-08-09T14:49:47Z

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	{{DISPLAYTITLE:Article III, Section 49-f of the Texas Constitution (''<small>"Bonds for Assistance to Purchase Land and for Rural Development"</small>'')}}{{Texas Constitution\|text=As amended November 7, 1995:		{{DISPLAYTITLE:Article III, Section 49-f of the Texas Constitution (''<small>"Bonds for Assistance to Purchase Land and for Rural Development"</small>'')}}{{Texas Constitution\|text=As amended November 7, 1995:

	'''(a) The Legislature by general law may provide for the issuance of general obligation bonds of the ~~state~~, the proceeds of which shall be used to make loans and provide other financing assistance for the purchase of farm and ranch land.'''		'''(a) The Legislature by general law may provide for the issuance of general obligation bonds of the State, the proceeds of which shall be used to make loans and provide other financing assistance for the purchase of farm and ranch land.'''

	'''(b) Except as provided by Subsection (g) of this section, all money received from the sale of the bonds shall be deposited in a fund created with the Comptroller of Public Accounts to be known as the Farm and Ranch Finance Program Fund. This fund shall be administered by the Texas Agricultural Finance Authority in the manner prescribed by law.'''		'''(b) Except as provided by Subsection (g) of this section, all money received from the sale of the bonds shall be deposited in a fund created with the Comptroller of Public Accounts to be known as the Farm and Ranch Finance Program Fund. This fund shall be administered by the Texas Agricultural Finance Authority in the manner prescribed by law.'''
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	\|seo_title=Article III, Section 49-f of the Texas Constitution ("Bonds for Assistance to Purchase Land and for Rural Development")		\|seo_title=Article III, Section 49-f of the Texas Constitution ("Bonds for Assistance to Purchase Land and for Rural Development")
	\|seo_keywords=Article 3 Section 49-f, ~~Texas Legislature~~, ~~...~~		\|seo_keywords=Article 3 Section 49-f, development bonds, debt authorization
	\|seo_description=The ~~legislative power~~ of ~~Texas is vested in a Senate~~ and ~~House of Representatives~~.		\|seo_description=The Legislature may provide for the issuance of bonds to assist the purchase of farm and ranch land.'''
	\|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

Admin at 14:44, August 9, 2023

2023-08-09T14:44:59Z

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	~~None~~.		Added in 1985, this section has been amended twice.

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Admin: Text replacement - "the treasury" to "the Treasury"

2023-08-07T21:20:37Z

Text replacement - "the treasury" to "the Treasury"

← Older revision		Revision as of 16:20, August 7, 2023
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	'''(d) The principal amount of bonds outstanding at one time may not exceed $500 million.'''		'''(d) The principal amount of bonds outstanding at one time may not exceed $500 million.'''

	'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the ~~treasury~~ in each fiscal year not otherwise appropriated by this constitution an amount that is sufficient to pay the principal and interest on the bonds that mature or become due during the fiscal year less the amount in the interest and sinking fund at the close of the prior fiscal year.'''		'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the Treasury in each fiscal year not otherwise appropriated by this constitution an amount that is sufficient to pay the principal and interest on the bonds that mature or become due during the fiscal year less the amount in the interest and sinking fund at the close of the prior fiscal year.'''

	'''(f) The bonds shall be approved by the Attorney General and registered with the Comptroller of Public Accounts. The bonds, when approved and registered, are general obligations of the state and are incontestable.'''		'''(f) The bonds shall be approved by the Attorney General and registered with the Comptroller of Public Accounts. The bonds, when approved and registered, are general obligations of the state and are incontestable.'''

Admin at 15:58, July 26, 2023

2023-07-26T15:58:53Z

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	\|seo_title=Article III, Section _ of the Texas Constitution (" ~~...~~ ")		\|seo_title=Article III, Section 49-f of the Texas Constitution ("Bonds for Assistance to Purchase Land and for Rural Development")
	\|seo_keywords=Article 3 Section _, Texas Legislature, ...		\|seo_keywords=Article 3 Section 49-f, Texas Legislature, ...
	\|seo_description=The legislative power of Texas is vested in a Senate and House of Representatives.		\|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=Texas_Constitution_of_1876_Article_3.jpg

Admin: 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"

2023-07-24T22:20:22Z

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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			\|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]]		[[Category:TxCon ArtIII Sec]]

imported>Admin at 21:35, January 3, 2023

2023-01-03T21:35:15Z

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{{DISPLAYTITLE:Article III, Section 49-f of the Texas Constitution (''<small>"Bonds for Assistance to Purchase Land and for Rural Development"</small>'')}}{{Texas Constitution|text=As amended November 7, 1995:

'''(a) The Legislature by general law may provide for the issuance of general obligation bonds of the state, the proceeds of which shall be used to make loans and provide other financing assistance for the purchase of farm and ranch land.'''

'''(b) Except as provided by Subsection (g) of this section, all money received from the sale of the bonds shall be deposited in a fund created with the Comptroller of Public Accounts to be known as the Farm and Ranch Finance Program Fund. This fund shall be administered by the Texas Agricultural Finance Authority in the manner prescribed by law.'''

'''(c) Section [[Texas Constitution:Article III, Section 65|65(b)]] of this article applies to the payment of interest on the bonds.'''

'''(d) The principal amount of bonds outstanding at one time may not exceed $500 million.'''

'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is appropriated out of the first money coming into the treasury in each fiscal year not otherwise appropriated by this constitution an amount that is sufficient to pay the principal and interest on the bonds that mature or become due during the fiscal year less the amount in the interest and sinking fund at the close of the prior fiscal year.'''

'''(f) The bonds shall be approved by the Attorney General and registered with the Comptroller of Public Accounts. The bonds, when approved and registered, are general obligations of the state and are incontestable.'''

'''(g) Notwithstanding Subsection (a) of this section, the proceeds of $200 million of the bonds authorized by this section may be used for the purposes provided by Section [[Texas Constitution:Article III, Section 49-i|49-i]] of this article and for other rural economic development programs, and the proceeds of bonds issued for those purposes under this subsection shall be deposited in the Texas Agricultural Fund, to be administered in the same manner that proceeds of bonds issued under Section [[Texas Constitution:Article III, Section 49-i|49-i]] of this article are administered.'''

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[[Category:TxCon ArtIII Sec]]