Louisiana State Stock Investments, Amendment 2 (1999)

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Louisiana Amendment 2 (General) would authorize the state treasurer to invest in stocks monies from the Rockefeller Wildlife Refuge Trust and Protection Fund and the Russell Sage or Marsh Island Refuge Fund. It was on the November 7, 1999 election ballot in Louisiana where it was defeated, with 47% of voters in favor.

Election results

Amendment 2 (General)
ResultVotesPercentage
Defeatedd No3,14852.74%
Yes 2,821 47.26%

Text of measure

The language that appeared on the ballot:

To authorize the state treasurer to invest in stocks monies from the Rockefeller Wildlife Refuge Trust and Protection Fund and the Russell Sage or Marsh Island Refuge Fund, such portion not to exceed thirty-five percent of each fund. [Amends Article VII, Section 14(A) and (B)]

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