Passed by the House March 8, 2007 Yeas 96   ________________________________________ Speaker of the House of Representatives Passed by the Senate April 11, 2007 Yeas 45   ________________________________________ President of the Senate | I, Richard Nafziger, Chief Clerk of the House of Representatives of the State of Washington, do hereby certify that the attached is SUBSTITUTE HOUSE JOINT RESOLUTION 4215 as passed by the House of Representatives and the Senate on the dates hereon set forth. ________________________________________ Chief Clerk | |
Approved ________________________________________ Governor of the State of Washington | Secretary of State State of Washington |
State of Washington | 60th Legislature | 2007 Regular Session |
READ FIRST TIME 02/26/07.
BE IT RESOLVED, BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE
STATE OF WASHINGTON, IN LEGISLATIVE SESSION ASSEMBLED:
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 XVI of the Constitution of the state of Washington by adding a
new section to read as follows:
Article XVI, section ..... INVESTMENT OF HIGHER EDUCATION PERMANENT
FUNDS. Notwithstanding the provisions of Article VIII, sections 5 and
7 and Article XII, section 9, or any other section or article of the
Constitution of the state of Washington, the moneys of the permanent
funds established for any of the institutions of higher education in
this state may be invested as authorized by law. Without limitation,
this shall include the authority to invest permanent funds held for the
benefit of institutions of higher education in stocks or bonds issued
by any association, company, or corporation if 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.