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Texas water bond plan faces defeat but may return
Leaders push for a fresh vote on the $3.6 billion water bond to fund Texas share of the $9 billion water plan after last week's constitutional amendments election. Voters supported welfare and college loan bonds but rejected four other measures. The Senate will tackle a new tax bill as the House-passed $341 million revenue plan awaits compromise. First college student loan bonds of $14 million were sold with an effective rate of 5.4162 percent.
MENTIONED IN THIS ARTICLE
Austin
Texas Opportunity
Sessons
Preston Smith
Senate
House
Rotunda
First
First National City Bank of New York and Associates
Tom Sealy
Midland
Coordinating Board
Texas
Texas Health
White House
Hill-Burton Hospital
State Health Department
U. S
Congress
Texas Office of Economic Opportunity
Smith