NOV. 3 ELECTION
Proposition 6
Tuesday, October 27, 2009
Election Day issue
Texans will go to the polls Nov. 3 to vote on 11 proposed state constitutional amendments. Each day through Sunday, we'll look at one proposition. Early voting will end Friday.
Prop. 6
Proposition 6 would renew the Veterans Land Board's bond authority for land and mortgage loans and allow it to fund new loans as old bonds are retired without a statewide vote.
Supporters say: Secures uninterrupted bonding authority for land and home loans at below-market rates as a reward to veterans for their military service.
Opponents say:Significantly expands state debt. Reauthorization of bonds should apply only to those previously authorized by voters and retired as of this year.
— Source: House Research Organization
For more on proposed amendments, visit statesman.com/
virtualcapitol and click on the link under 'Nov. 2009 election.'