Article 3, section 49a of the texas constitution, also known as the pay-as-you-go limit, requires that:_______.

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25-07-2022
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Article 3, section 49a of the texas constitution, also known as the pay-as-you-go limit, requires that:_______.

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topeadeniran2 topeadeniran2 · Answer 1 · 2022-07-29T20:06:02+02:00

Article 3, section 49a of the Texas constitution, also known as the pay-as-you-go limit, requires that debt cannot be greater than 5 percent of state revenue.

How to illustrate the Constitution?

It should be noted that Article 3, section 49a of the Texas constitution, is known as the financial statement and estimate by comptroller of public account. It's the limitation of appropriation.

Texas is a free and independent State, subject only to the Constitution of the United States, and the maintenance of our free institutions and the perpetuity of the Union depend upon the preservation of the right of local self-government, unimpaired to all the States.

Texas Constitution reflects six principles such as popular sovereignty, limited government, separation of powers, checks and balances, federalism, and the protection of individual rights.

In conclusion, the debt cannot be greater than 5 percent of the revenue of the state.

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