Washington Investment of Permanent Public Land Funds, SJR 8212 (1987)

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The Washington Investment of Permanent Public Lands Funds Amendment, also known as Senate Joint Resolution 8212 was on the November 3, 1987 ballot in Washington as a legislatively-referred constitutional amendment, where it was defeated. The measure would have removed the constitutional ban on investing public land funds in stocks and private lending. The measure would have amended Section 5 of Article XVI of the Washington Constitution.[1]

Election results

Washington SJR 8212 (1987)
ResultVotesPercentage
Defeatedd No551,40867.91%
Yes 260,620 32.09%

Election results via: Washington Secretary of State

Text of measure

The language appeared on the ballot as:[1]

Shall state constitutional restrictions, which prevent investment of some permanent public land funds in stocks and private lending, be removed?[2]

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References

  1. 1.0 1.1 Office of the Secretary of State, "1987 Voters Pamphlet," accessed August 16, 2013
  2. Note: This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.