4 years ago

According to the spending limit in the texas constitution (article 8, section 22), what happens if the state's economy shrinks?

1 answer:

7 0

According to the spending limit in the texas constitution (article 8, section 22), If the state's economy shrinks, the rate of appropriations from state tax revenues must also reduce, being the Texas legislature in charged of providing by general law all procedures to implement this subsection.

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