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SJR 13, 66th R.S.
Proposing a constitutional amendment authorizing the legislature to provide for the guarantee of loans used to purchase farm and ranch real estate for qualified borrowers.

Proposition Prop. 3 - The constitutional amendment authorizing the legislature to provide for the guarantee of loans for purchase of farm and ranch real estate for qualified borrowers by the sale of general obligation bonds of the State of Texas.

Outcome: Adopted

Election date: 11/06/1979

Votes for: 240,605
Votes against: 201,212

Enabling legislation
HB 304 (66 R.S.) Relating to a family farm and ranch security program to encourage loans for farm and ranch real estate.

Articles affected Article 3 : Adds §50c   

Analyses of proposed amendments:
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 6, 1979 election.
House Research Organization Amendments Proposed for the November 6, 1979 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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