Restricciones sobre el uso del crédito del Estado de Texas

(Added Nov. 7, 2023, subject to resolution of an election contest under Chapter 233, Election Code, pending as of Feb. 1, 2024.) Sec. 50. LOAN OR PLEDGE OF CREDIT OF THE STATE. The Legislature shall have no power to give or to lend, or to authorize the giving or lending, of the credit of the State in aid of, or to any person, association or corporation, whether municipal or other, or to pledge the credit of the State in any manner whatsoever, for the payment of the liabilities, present or prospective, of any individual, association of individuals, municipal or other corporation whatsoever. (Feb. 15, 1876.) Sec. 50a. (Repealed Nov. 5, 2013.) Sec. 50b. (Repealed Nov. 2, 1999.) (TEMPORARY TRANSITION PROVISIONS for Sec. 50b: See Appendix, Note 1.) Sec. 50b-1. (Repealed Nov. 2, 1999.) Statute text rendered on: 6/2/2024 - 89 - THE TEXAS CONSTITUTION (TEMPORARY TRANSITION PROVISIONS for Sec. 50b-1: See Appendix, Note 1.) Sec. 50b-2. (Repealed Nov. 2, 1999.) (TEMPORARY TRANSITION PROVISIONS for Sec. 50b-2: See Appendix, Note 1.) Sec. 50b-3. (Repealed Nov. 2, 1999.) (TEMPORARY TRANSITION PROVISIONS for Sec. 50b-3: See Appendix, Note 1.) Sec. 50b-4. ADDITIONAL STUDENT LOANS. (a) The legislature by general law may authorize the Texas Higher Education Coordinating Board or its successor or successors to issue and sell general obligation bonds of the State of Texas in an amount authorized by constitutional amendment or by a debt proposition under Section 49 of this article to finance educ