Missouri Voters to Decide on Amendment 1, Which Would Enable More Investments by State Treasurer

(MISSOURINET) –  One of the proposed amendments to the Missouri Constitution would allow the State Treasury Department more flexibility to invest state money. Treasurer Scott Fitzpatrick supports the measure, saying it will enable the state to invest in bonds issued by local governments:

Fitzpatrick says allowing the state to have more investment options could provide more revenue for schools and state-provided services without raising taxes, and could even result in more tax cuts. Amendment One is on the November ballot.