Missouri Amendment 6, State Treasurer as Custodian of State Funds Measure (August 1986)
Missouri Amendment 6 | |
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Election date |
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Topic State executive powers and duties and Tax and revenue administration |
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Status |
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Type Legislatively referred constitutional amendment |
Origin |
Missouri Amendment 6 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 grant the state treasurer custody of state funds, allow investment of non-state funds, and authorize investment in long-term federal obligations. |
A "no" vote opposed amending the Missouri State Constitution to grant the state treasurer custody of state funds, allow investment of non-state funds, and authorize investment in long-term federal obligations. |
Election results
Missouri Amendment 6 |
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Result | Votes | Percentage | ||
411,294 | 59.93% | |||
No | 274,975 | 40.07% |
Text of measure
Ballot title
The ballot title for Amendment 6 was as follows:
“ | Amendment No. 6- (Submitted by the 83rd General Assembly, Second Regular Session) State treasurer to be custodian of state funds; nonstate funds to be invested for benefit of those particular funds; authorizes investment in longer-term federal obligations and in other financial institutions. The added flexibility for investment of state funds by the treasurer may generate additional earnings. | ” |
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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