Proposition For the amendment to Article VII of the Constitution of the State of Texas, adding Sections 17 and 18 providing for the levying of a state ad valorem tax on property in lieu of the present state ad valorem tax of Seven (7ยข) Cents for Confederate pensions in order to create special funds necessary for the payment of Confederate pensions and for the financing of construction and equipment of buildings and other permanent improvements at state institutions of higher learning, in the amounts of two (2¢) Cents and Five (5¢) Cents respectively; providing for a Five Cent reduction of the maximum allowable state tax on property, making such tax not exceed Thirty (30¢) Cents on the One Hundred ($100.00) Dollars valuation; providing a method of payment for the construction and equipment of improvements and buildings at the Agricultural and Mechanical College of Texas and the University of Texas.
Outcome: Adopted
Election date: 08/23/1947
Votes for: 102,531
Votes against: 97,318
Articles affected
Article 7 :
Amends
§17
Amends
§18
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