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Proposition 4The ballot will read: The constitutional amendment authorizing the issuance of up to $1 billion in bonds payable from the general revenue of the state for maintenance, improvement, repair, and construction projects and for the purchase of needed equipment.Background: Proposition 4 allows the state to issue up to $1 billion in bonds for projects at various state agencies. The bonds would be repaid from state taxes over many years, like a mortgage. The bonds would pay for the following projects:
For: We cannot afford to neglect important priorities such as state parks, three new prisons, and a new Texas Youth Commission facility. Proposition 4 would fund these important projects that would not otherwise be funded during the next two years. Against: We should use bonds only for new construction and renovation, not to pay for maintenance, which is an ongoing expense. The state does not need to build and operate new prisons now because the Legislature increased funding for supervision and treatment programs and increased the number of available private prison beds. that would occur if this proposition passes, CLICK HERE. Words to be added to the Constitution will be underlined. Words to be removed, if any, will be [ For a more detailed analysis of this proposition For the full 43-page House Research Organization report |