Washington House Joint Resolution 4202 (2001)
From Ballotpedia
Washington HJR 4202, also known as the Investment of State Funds Act, was on the November 6, 2001 election ballot in Washington as a legislatively-referred constitutional amendment, where it was defeated.
- Yes: 573,878 (42.97%)
- No: 761,768 (57.03%)
Text of the proposal
The language that appeared on the ballot:
The proposed amendment would add additional language to Article XXIX, section 1 of the state Constitution. The amendment would permit the Legislature to determine, by statute, which investments to allow for any funds or accounts placed by law under the investment authority of the State Investment Board. For these funds and accounts, the Legislature could, if it chose, permit investment in the stocks and bonds of private organizations and companies.
