S-840                 _______________________________________________

                                         SENATE JOINT RESOLUTION NO. 104

                        _______________________________________________

State of Washington                              49th Legislature                              1985 Regular Session

By Senators Halsan, Warnke and McManus

Read first time 1/24/85 and referred to Committee on Commerce and Labor.

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 there shall be submitted to the qualified voters of the state for their approval and ratification, or rejection, an amendment to the Constitution of the state of Washington to repeal Article VIII, section 5, Article VIII, section 7, and Article XII, section 9, and to add a new section to Article VIII as follows:

Article VIII, section ___.  Except for a public purpose as authorized and determined by the legislature upon the affirmative vote of sixty percent of the members of each house or except for the necessary support of the poor or infirm, neither the state nor any county, city, town, or other municipal corporation shall hereafter give any money or property, or loan its money or credit, to or in aid of any individual, association, company, or corporation or become directly or indirectly the owner of any stock in or bonds of any association, company, or corporation.

          Article VIII, section 5, Article VIII, section 7, and Article XII, section 9 of the Constitution of the state of Washington are each hereby repealed.

          BE IT FURTHER RESOLVED, That the legislature finds that the changes contained in the foregoing amendment constitute a single integrated plan.  This amendment shall be submitted to the voters as a single amendment.

BE IT FURTHER RESOLVED, That the secretary of state shall cause notice of the foregoing constitutional amendment to be published at least four times during the four weeks next preceding the election in every legal newspaper in the state.