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TX HJR182
Joint Resolution
Status
Engrossed
5/12/2025
Primary Sponsor
Jared Patterson
Click for details
AI Summary
- Proposes a constitutional amendment to authorize the Veterans' Land Board to issue general obligation bonds up to $6 billion in outstanding principal
- Replaces the previous authorization language that referenced aggregate amounts from prior constitutional amendments with a specific $6 billion cap
- Bond proceeds would fund land sales to veterans and provide home or land mortgage loans to Texas veterans
- Funds would be deposited into the Veterans' Land Fund, Veterans' Housing Assistance Fund, or Veterans' Housing Assistance Fund II as determined by the Veterans' Land Board
- The proposed amendment would be submitted to voters at an election on November 4, 2025
Legislative Description
Proposing a constitutional amendment authorizing the Veterans' Land Board to issue general obligation bonds in an aggregate principal amount that is greater than amounts previously authorized.
State Finances
Last Action
Referred to Vet Affairs
5/14/2025
Committee Referrals
Veteran Affairs5/14/2025
Pensions, Investments & Financial Services4/2/2025
Full Bill Text
No bill text available