Proposing a constitutional amendment authorizing the Veterans' Land Board to issue general obligation bonds in an aggregate principal amount that is greater than amounts previously authorized.

SJR 69 proposes a constitutional amendment to increase the maximum amount of state bonds the Veterans' Land Board can issue for veteran housing and land programs beyond the current $6 billion cap. This would directly affect Texas veterans seeking home loans or land purchases through the Veterans' Land Fund, Veterans' Housing Assistance Fund, or Veterans' Housing Assistance Fund II. Bond proceeds must be deposited into these designated funds, with payments made from state sources as required for general obligation bonds. The amendment requires voter approval in the November 2025 election.