Missouri State Investment Policy, Amendment 5 (1998)

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The Missouri State Investment Policy Amendment, also known as Amendment 5, was on the November 3, 1998 ballot in Missouri as a legislatively-referred constitutional amendment, where it was approved. The measure required the state treasurer to prepare a written investment policy for state funds and authorized additional categories of permitted investments to include banker's acceptances and commercial paper.[1][2]

Election results

Missouri Amendment 5 (1998)
ResultVotesPercentage
Approveda Yes 1,071,261 75.73%
No343,34324.27%

Election results via: University of Missouri Institute for Public Policy

Text of measure

The question on the ballot appeared as:[2]

State treasurer to prepare a written investment policy for investment of state funds and authorizes additional categories of permitted investments to include banker's acceptances and commercial paper. The amendment is intended to increase earnings on investments of the state. [3]

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