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Texas Corn Growers Support Proposition 6
USAgNet - 10/24/2013

Passage of Proposition 6 on the November 5 statewide ballot in Texas is vital to provide water for the state's future population growth, according to the Corn Producers Association of Texas. The constitutional amendment, which was approved by the Texas legislature earlier this year, will use $2 billion from the rainy day fund to provide low-interest loans to help finance projects in the State Water Plan for the next 50 years.

"I can't think of a better use for a portion of the money sitting in the state's savings account than to put it to work implementing the State Water Plan," CPAT President Jimmy Wedel said.

If voters approve the constitutional amendment, the funds will be placed in a revolving loan account administered by the state and loaned out to cities, river authorities, groundwater districts and other entities to finance water projects and conservation projects.

To be eligible for funding, the projects must be listed in the State Water Plan, which is updated every five years.

The early voting period for the constitutional amendment election extends from Monday, Oct. 21 to Friday, Nov. 1.

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