Proposition 3  Allows the State of Texas to issue general obligation bonds to finance educational loans for students.

You can find more information here: http://www.lrl.state.tx.us/legis/billsearch/text.cfm?legSession=82-0&billtypeDetail=SJR&billNumberDetail=50&billSuffix=&startRow=1&IDlist=&unClicklist=&number=100