POSTED: Sunday, October 20, 2013 - 5:04pm
UPDATED: Sunday, October 20, 2013 - 6:18pm
The Longview News Journal — Early voting begins Monday across Texas for the Nov. 5 election, which features nine amendments to the Texas Constitution. In East Texas, Gilmer voters also will vote on a proposed school bond issue, and Carthage voters will decide whether to expand beer and wine sales in their city.
Among the statewide measures, a marquee question is Proposition 6, which would use $2 billion from the state’s rainy day fund to finance major water infrastructure projects. If approved, it would authorize a one-time payment from Texas’ cash reserves — which have been bolstered by the oil and natural gas boom and are projected to balloon to $11.8 billion by August 2015 if left untouched — to bolster water supplies statewide.
Like all amendments on the ballot, it was approved by two-thirds majorities of the Texas House and Senate and now must receive approval from a simple majority of voters to pass.
Gov. Rick Perry has been campaigning for approval of the measure, saying it would help spur an eventual $30 billion in economic development. He has said the proposed amendment is a way to ensure Texas has enough natural resources to keep pace with its rapid economic growth and population increases without raising taxes “a single penny.”
Read more at the Longview News-Journal.