Montana Compensation Insurance Fund Investment, C-31 (1996)
The Montana Compensation Insurance Fund Investment Amendment, also known as C-31, was on the November 5, 1996 ballot in Montana as a legislatively-referred constitutional amendment, where it was defeated. The measure would have allowed state compensation insurance money to be invested in private corporate capital stock.
|Montana C-31 (1996)|
Election results via: Montana Secretary of State
Text of measure
The text of the measure can be read here
If the Montana Board of Investments had invested the maximum of 15% of the State Fund's assets in common stock in FY95, additional income would have been generated. The Montana Common Stock Pool twenty-year return average was 14.78% compared to the State Fund's FY95 return of 10.13%.
- Montana 1996 ballot measures
- 1996 ballot measures
- List of Montana ballot measures
- History of Initiative & Referendum in Montana
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