SJR 8223 -
By Committee on Ways & Means
ADOPTED 03/02/2012
Beginning on page 1, after line 2, strike all material through "state." on page 2, line 1 and insert the following:
"THAT, At the next general election to be held in this state the
secretary of state shall submit to the qualified voters of the state
for their approval and ratification, or rejection, an amendment to
Article XXIX, section 1 of the Constitution of the state of Washington
to read as follows:
Article XXIX, section 1. Notwithstanding the provisions of
sections 5, and 7 of Article VIII and section 9 of Article XII or any
other section or article of the Constitution of the state of
Washington((,)):
(1) The moneys of any public pension or retirement fund, industrial
insurance trust fund, or fund held in trust for the benefit of persons
with developmental disabilities may be invested as authorized by law;
and
(2) The public moneys of the University of Washington and
Washington State University in investment funds specified by the
legislature may be invested as authorized by law.
BE IT FURTHER RESOLVED, That the secretary of state shall cause
notice of this constitutional amendment to be published at least four
times during the four weeks next preceding the election in every legal
newspaper in the state."