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Proposition Prop. 14 - The constitutional amendment providing for authorization of the issuing of notes or the borrowing of money on a short-term basis by a state transportation agency for transportation-related projects, and the issuance of bonds and other public securities secured by the state highway fund.

Outcome: Adopted

Election date: 09/13/2003

Votes for: 810,855
Votes against: 517,606

Enabling legislation
HB 471 (78 R.S.) Relating to the borrowing of money and the issuance of notes by the Texas Transportation Commission; making an appropriation.

Articles affected Article 3 : Adds §49-m    Adds §49-n   

Analyses of proposed amendments:
House Research Organization Amendments Proposed for the September 13, 2003 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the September 13, 2003 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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