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SJR 49, 65th R.S.
To vest power in the legislature to authorize state and national banks, subject to certain restrictions, to exercise banking and discounting privileges by use of electronic devices or machines.

Proposition Prop. 6 - The constitutional amendment to give the legislature the power to authorize state and national banks to exercise banking and discounting privileges by the use of electronic devices or machines.

Outcome: Defeated

Election date: 11/08/1977

Votes for: 208,264
Votes against: 344,483

Enabling legislation No enabling legislation required.

Articles affected Article 16 : Amends §16   

Note(s)
See Senate Journal, p. 479,
See General and Special Laws, p. 3368.

Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 8, 1977 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 8, 1977 election.

Effective dates
Unless otherwise specified, an amendment takes effect as part of the constitution on the date of the official canvass of election returns showing adoption of the amendment.


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