Proposition Prop. 4 - The constitutional amendment authorizing the use of a portion of the excess revenues of the state for water development, water conservation, water quality enhancement, and flood control purposes; authorizing the use of the state's credit, not to exceed five hundred million dollars, to guarantee the bonds of cities, counties, towns, and other units of local government in the financing of such projects for such purposes; increasing the interest rate that may be paid on previously approved but unissued state bonds; and authorizing a program to retire the state bonds.
Outcome: Defeated
Election date: 11/03/1981
Votes for: 339,816
Votes against: 458,721
Enabling legislation
HB 8 (67 1st C.S.) Relating to the creation
Articles affected
Article 8 :
Adds §24
Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 3, 1981 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 3, 1981 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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