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Missouri Amendment 3, Investment of State Funds Measure (1956)

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Missouri Amendment 3

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Election date

November 6, 1956

Topic
Tax and revenue administration
Status

ApprovedApproved

Type
Legislatively referred constitutional amendment
Origin

State legislature



Missouri Amendment 3 was on the ballot as a legislatively referred constitutional amendment in Missouri on November 6, 1956. It was approved.

A "yes" vote supported authorizing excess State Funds to be invested in short-term United States obligations or interest-bearing time deposits.

A "no" vote opposed authorizing excess State Funds to be invested in short-term United States obligations or interest-bearing time deposits.


Election results

Missouri Amendment 3

Result Votes Percentage

Approved Yes

722,774 71.00%
No 295,259 29.00%
Results are officially certified.
Source


Text of measure

Ballot title

The ballot title for Amendment 3 was as follows:

Amendment No. 3.- (Submitted by the General Assembly Special Session)- Authorizing the investment of State Funds not needed for current operating expenses in short term United States obligations or interest bearing time deposit. 


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