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Proposition Prop. 3 - The constitutional amendment to give the legislature the power to authorize cities and towns to issue bonds to finance the redevelopment of blighted areas and prohibiting any city or town from granting its money or lending its credit for such purposes.

Outcome: Defeated

Election date: 11/07/1978

Votes for: 818,439
Votes against: 878,111

Enabling legislation
SB 635 (65 R.S.) Texas Tax Increment Act of 1977.

Articles affected Article 8 : Adds §1-g   

Note(s)
See Senate Journal, p. 316.
See General and Special Laws, p. 3365.

Analyses of proposed amendments:
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 7, 1978 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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