Texas Constitution:Article III, Section 49-d-11: Difference between revisions

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Texas Constitution:Article III, Section 49-d-11 (view source)

Revision as of 19:10, August 8, 2023

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Note that Subsection (a), known as the evergreen provision, makes this section's $6 billion in additional bonding authority continuous.
Subsection (a), the evergreen provision, makes the $6 billion in additional bonding authority continuous.
 
In other words, the Board can continuously borrow up to $6 billion dollars without further voter approval.


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