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Missouri Amendment 3, State Treasury Reserve Fund Measure (August 1986)
| Missouri Amendment 3 | |
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| Election date |
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| Topic Budget stabilization funds and Tax and revenue administration |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Missouri Amendment 3 was on the ballot as a legislatively referred constitutional amendment in Missouri on August 5, 1986. It was approved.
A "yes" vote supported amending the Missouri State Constitution to establish a cash operating reserve fund in the state treasury, and allow money transfers and investments without impacting the total state funds. |
A "no" vote opposed amending the Missouri State Constitution to establish a cash operating reserve fund in the state treasury, and allow money transfers and investments without impacting the total state funds. |
Election results
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Missouri Amendment 3 |
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| Result | Votes | Percentage | ||
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423,712 | 61.09% | ||
| No | 269,903 | 38.91% | ||
Text of measure
Ballot title
The ballot title for Amendment 3 was as follows:
| “ | Amendment No. 3- (Submitted by the 83rd General Assembly, First Regular Session) Establishes cash operating reserve fund in state treasury. Provides for transfer of moneys to and from fund, and for investment of moneys not required for current operations. This proposal would have no effect on the total amount of state funds. | ” |
Path to the ballot
- See also: Amending the Missouri Constitution
A simple majority vote is required during one legislative session for the Missouri General Assembly to place a constitutional amendment on the ballot. That amounts to a minimum of 82 votes in the Missouri House of Representatives and 18 votes in the Missouri State Senate, assuming no vacancies. Amendments do not require the governor's signature to be referred to the ballot.
See also
External links
Footnotes
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State of Missouri Jefferson City (capital) |
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