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Legislation watch
2007 House Joint Resolution 4215: Eliminating prohibitions on the investment of certain state moneys.
Introduced by Rep. Phyllis Kenney, (D - North Seattle) (D) on January 29, 2007
To remove the prohibition of investing of certain state funds. The bill would allow permanent funds established for the use by higher education institutions to be invested in stocks or bonds. This resolution would amend the state Constitution if approved by two-thirds of the Legislature and a majority of the voters in the next general election. See companion HB 1784. Official Text and Analysis.
Referred to the House Capital Budget Committee on January 29, 2007
Substitute offered to the House Capital Budget Committee on February 26, 2007
To remove specific references to each individual higher education permanent
fund.
The substitute passed by voice vote in the House on March 8, 2007
Referred to the House Rules Committee on February 26, 2007
Received in the Senate on March 10, 2007
Referred to the Senate Ways & Means Committee on March 10, 2007
Referred to the Senate Rules Committee on March 19, 2007