Missouri Amendment 5, State Investment Policy Measure (1998)
| Missouri Amendment 5 | |
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| Election date |
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| Topic Tax and revenue administration |
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| Status |
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| Type Legislatively referred constitutional amendment |
Origin |
Missouri Amendment 5 was on the ballot as a legislatively referred constitutional amendment in Missouri on November 3, 1998. It was approved.
A "yes" vote supported amending the Missouri State Constitution to require the state treasurer to prepare a written investment policy for investment of state funds, and authorize categories of permitted investments to include banker's acceptances and commercial paper. |
A "no" vote opposed amending the Missouri State Constitution to require the state treasurer to prepare a written investment policy for investment of state funds, and authorize categories of permitted investments to include banker's acceptances and commercial paper. |
Election results
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Missouri Amendment 5 |
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| Result | Votes | Percentage | ||
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1,071,261 | 75.73% | ||
| No | 343,343 | 24.27% | ||
Text of measure
Ballot title
The ballot title for Amendment 5 was as follows:
| “ | Constitutional Amendment No. 5 Proposed by the 89th General Assembly (First Regular Session) State treasurer to prepare a written investment policy for investment of state funds and authorizes additional categories of permitted investments to include banker's acceptances and commercial paper. The amendment is intended to increase earnings on investments of the state. | ” |
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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