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Latest revision as of 20:40, 2 December 2023
A billion here and a billion there
and soon you are going to be talking about real money
Most do not know what happened
Since its adoption in 1876, the Texas Constitution has been amended 517 times.
Texas Voters Approve Constitutional Amendments
- November 7, 2023
A free pass for the Legislature to spend our money.
Not only are these constitutional amendments greatly flawed,
but they also will take out of circulation over $12 billion.
A billion here and a billion there
and soon you are going to be talking about real money
1 the right to engage in farming, ranching, timber production, horticulture, and wildlife management.
- right to regulate
2 exemption from ad valorem taxation
- property used to operate a child-care facility.
- will result in higher tax burdens for homeowners and other businesses
3 prohibiting the imposition of an individual net worth or wealth tax.
4 a temporary limit on the maximum appraised value of real property
- could not raise the taxable value of those properties by more than
- 20% each year
- Unbelievable -- value will double in 5 years -- 5 times in 10 years
5 provides funding to certain institutions of higher education
- Texas University Fund.
- already have a separate Permanent University Fund.
- $100 million 1st year. The annual amount may be adjusted for inflation
6 water fund to assist in financing water projects in this state.
- $1 billion down payment.
7 creation of the Texas energy fund to support electric generating facilities.
- $5 billion to fund these programs for the next two years.
8 broadband infrastructure fund
- $1.5 billion would be allocated
9 cost-of-living adjustment to the Teacher Retirement System
- $3.3 billion from the general revenue fund
10 exempt from ad valorem taxation of manufacturer of medical or biomedical products
- $207 million in estimated revenue
11 permit El Paso County to issue bonds to fund parks and recreational facilities.
- could cause property taxes to increase
12 abolish the office of county treasurer of Galveston County.
- will not save money and change to employee of the commissioners court
- Something rotten in Denmark
14 creation of the centennial parks conservation fund.
- more than
- $1 billion for state parks
