Texas Constitution:Article III, Section 50-c - Revision history

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

2024-06-17T15:54:12Z

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

← Older revision		Revision as of 10:54, June 17, 2024
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	'''(d) The Legislature may provide for the investment of money available in the Farm and Ranch Loan Security Fund and the interest and sinking fund established for the payment of bonds issued by the Commissioner of Agriculture. Income from the investment shall be used for purposes prescribed by the Legislature.'''		'''(d) The Legislature may provide for the investment of money available in the Farm and Ranch Loan Security Fund and the interest and sinking fund established for the payment of bonds issued by the Commissioner of Agriculture. Income from the investment shall be used for purposes prescribed by the Legislature.'''

	'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is hereby 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 hereby 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.'''

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Admin: Text replacement - "|seo_image=Texas_Constitution_of_1876_Article_3.jpg" to "|seo_image=mod_Texas_Constitution_of_1876_Article_3.jpg"

2024-06-02T19:45:30Z

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	\|seo_keywords=Article 3 Section 50-c, agriculture bonds, debt authorization		\|seo_keywords=Article 3 Section 50-c, agriculture bonds, debt authorization
	\|seo_description=The Legislature may provide that the Commissioner of Agriculture has authority to issue certain bonds.		\|seo_description=The Legislature may provide that the Commissioner of Agriculture has authority to issue certain bonds.
	\|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 15:23, August 11, 2023

2023-08-11T15:23:22Z

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	\|seo_title=Article III, Section 50-c of the Texas Constitution ("Farm and Ranch Loan Security Fund")		\|seo_title=Article III, Section 50-c of the Texas Constitution ("Farm and Ranch Loan Security Fund")
	\|seo_keywords=Article 3 Section 50-c, agriculture bonds, debt authorization		\|seo_keywords=Article 3 Section 50-c, agriculture bonds, debt authorization
	\|seo_description=The Legislature may provide that the Commissioner of Agriculture ~~shall have the~~ authority to issue bonds.		\|seo_description=The Legislature may provide that the Commissioner of Agriculture has authority to issue certain bonds.
	\|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 14:57, August 11, 2023

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			[[Category:Agriculture Law]]
	[[Category:TxCon ArtIII Sec]]		[[Category:TxCon ArtIII Sec]]

Admin at 14:56, August 11, 2023

2023-08-11T14:56:56Z

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	\|seo_title=Article III, Section 50-c of the Texas Constitution ("Farm and Ranch Loan Security Fund")		\|seo_title=Article III, Section 50-c of the Texas Constitution ("Farm and Ranch Loan Security Fund")
	\|seo_keywords=Article 3 Section 50-c, ~~Texas Legislature~~, ~~...~~		\|seo_keywords=Article 3 Section 50-c, agriculture 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 that the Commissioner of Agriculture shall have the authority to issue bonds.
	\|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: Text replacement - "the treasury" to "the Treasury"

2023-08-07T21:24:05Z

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

← Older revision		Revision as of 16:24, August 7, 2023
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	'''(d) The Legislature may provide for the investment of money available in the Farm and Ranch Loan Security Fund and the interest and sinking fund established for the payment of bonds issued by the Commissioner of Agriculture. Income from the investment shall be used for purposes prescribed by the Legislature.'''		'''(d) The Legislature may provide for the investment of money available in the Farm and Ranch Loan Security Fund and the interest and sinking fund established for the payment of bonds issued by the Commissioner of Agriculture. Income from the investment shall be used for purposes prescribed by the Legislature.'''

	'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is hereby 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 hereby 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.'''

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Admin at 14:41, July 27, 2023

2023-07-27T14:41:14Z

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	{{DISPLAYTITLE:Article III, Section ~~50c~~ of the Texas Constitution (''<small>"Farm and Ranch Loan Security Fund"</small>'')}}{{Texas Constitution\|text=As amended November 7, 1995:		{{DISPLAYTITLE:Article III, Section 50-c of the Texas Constitution (''<small>"Farm and Ranch Loan Security Fund"</small>'')}}{{Texas Constitution\|text=As amended November 7, 1995:

	'''(a) The Legislature may provide that the Commissioner of Agriculture shall have the authority to provide for, issue, and sell general obligation bonds of the State of Texas in an amount not to exceed $10 million. The bonds shall be called "Farm and Ranch Loan Security Bonds" and shall be executed in such form, denominations, and on such terms as may be prescribed by law. The bonds shall bear interest rates fixed by the Legislature of the State of Texas.'''		'''(a) The Legislature may provide that the Commissioner of Agriculture shall have the authority to provide for, issue, and sell general obligation bonds of the State of Texas in an amount not to exceed $10 million. The bonds shall be called "Farm and Ranch Loan Security Bonds" and shall be executed in such form, denominations, and on such terms as may be prescribed by law. The bonds shall bear interest rates fixed by the Legislature of the State of Texas.'''
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	\|seo_title=Article III, Section _ of the Texas Constitution (" ~~...~~ ")		\|seo_title=Article III, Section 50-c of the Texas Constitution ("Farm and Ranch Loan Security Fund")
	\|seo_keywords=Article 3 Section _, Texas Legislature, ...		\|seo_keywords=Article 3 Section 50-c, 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: Admin moved page Texas Constitution:Article III, Section 50c to Texas Constitution:Article III, Section 50-c without leaving a redirect: new format

2023-07-26T19:15:58Z

Admin moved page Texas Constitution:Article III, Section 50c to Texas Constitution:Article III, Section 50-c without leaving a redirect: new format

← Older revision	Revision as of 14:15, July 26, 2023
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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"

2023-07-24T22:20:20Z

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

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	[[Category:TxCon ArtIII Sec]]		[[Category:TxCon ArtIII Sec]]

imported>Admin at 00:58, January 5, 2023

2023-01-05T00:58:46Z

New page

{{DISPLAYTITLE:Article III, Section 50c of the Texas Constitution (''<small>"Farm and Ranch Loan Security Fund"</small>'')}}{{Texas Constitution|text=As amended November 7, 1995:

'''(a) The Legislature may provide that the Commissioner of Agriculture shall have the authority to provide for, issue, and sell general obligation bonds of the State of Texas in an amount not to exceed $10 million. The bonds shall be called "Farm and Ranch Loan Security Bonds" and shall be executed in such form, denominations, and on such terms as may be prescribed by law. The bonds shall bear interest rates fixed by the Legislature of the State of Texas.'''

'''(b) All money received from the sale of Farm and Ranch Loan Security Bonds shall be deposited in a fund hereby created with the Comptroller of Public Accounts to be known as the "Farm and Ranch Loan Security Fund." This fund shall be administered without further appropriation by the Commissioner of Agriculture in the manner prescribed by law.'''

'''(c) The Farm and Ranch Loan Security Fund shall be used by the Commissioner of Agriculture under provisions prescribed by the Legislature for the purpose of guaranteeing loans used for the purchase of farm and ranch real estate, for acquiring real estate mortgages or deeds of trust on lands purchased with guaranteed loans, and to advance to the borrower a percentage of the principal and interest due on those loans; provided that the Commissioner shall require at least six percent interest be paid by the borrower on any advance of principal and interest. The Legislature may authorize the Commissioner to sell at foreclosure any land acquired in this manner, and proceeds from that sale shall be deposited in the Farm and Ranch Loan Security Fund.'''

'''(d) The Legislature may provide for the investment of money available in the Farm and Ranch Loan Security Fund and the interest and sinking fund established for the payment of bonds issued by the Commissioner of Agriculture. Income from the investment shall be used for purposes prescribed by the Legislature.'''

'''(e) While any of the bonds authorized by this section or any interest on those bonds is outstanding and unpaid, there is hereby 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.'''

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[[Category:TxCon ArtIII Sec]]