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About Proposition 6: Texas Constitutional Amendments


by: Katherine Haenschen

Tue Oct 20, 2009 at 06:45 AM CDT


This post is from Burnt Orange Report's coverage of the 2009 Constitutional Amendment election. For coverage of the 2011 Constitutional Amendment election, CLICK HERE.

Early voting is on for the Constitutional Amendments election. Yesterday and today, Burnt Orange Report is providing some information about the 11 propositions on the ballot. Our aim is to give a broad sense of how different Texas entities perceive these amendments. In the table below, we've compiled their yea, nay, or no-endorse. Sources are all linked at the bottom. Friday, BOR will issue our official endorsements on some or all of these amendments. For more on the Amendment process, see the post on Amendment 1.


Proposition 6: Renewing Veterans' Land Board Bond Authority for Land and Mortgage Loans


"In effect, the proposed amendent would reauthorize all previously authored general obligation bonding authority in the Veterans Housing Assistance Fund, the Veteran's Housing Assistance Fund II, and the Veterans' Land Fund."--League of Women Voters Guide

Source:Endorsement:
Austin Chronicle:YES. "But regulatory. This allows rollover bond authority without a special authorization every single time; it's not a constitutional matter."
El Paso Times:YES. "This will allow the Veterans Land Board to continue to issue loans to veterans, using money that has been paid back on previous loans."
Fort Worth Star-Telegram:NO. "Every time the VLB needs more money, it has to come to voters for a constitutional amendment. ... [The amendment] eliminates the need for periodic elections, but $4 billion would be far more than the VLB has had available at any one time in the past. ... Is $4 billion too much? Is it enough? Voters can't tell, and they shouldn't have to guess."
Houston Tea Party Patriots:No Endorsement.
Sen. Kirk Watson's "Watson Wire:"YES. It "would let the Veterans' Land Board issue more debt than it does now to help Texas veterans acquire land or get a mortgage loan."

These posts will continue throughout the day. Endorsements by the Burnt Orange Report staff will follow on Friday.

Sources:
League of Women Voters Guide (PDF)
Austin Chronicle Endorsements, October 16, 2009
El Paso Times, October 18, 2009
Fort Worth Star-Telegram Endorsements, October 16, 2009
Houston Tea Party Patriots, October 15, 2009
Sen. Kirk Watson's Watson Wire, October 12, 2009

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