Election: Nov. 8, 2022 (General)
Outcome: Failed
Categories:
Budget, Spending and TaxesAmendment 1 would amend the Missouri Constitution to authorize the state treasurer to invest state funds in highly rated municipal securities. Specifically, the state treasurer would be allowed to invest in municipal securities that possess one of the five highest long term-ratings or short-term ratings issued by a nationally recognized rating agency. The ballot measure would also allow the legislature to pass laws allowing the treasurer to invest in "other reasonable and prudent financial instruments and securities."
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