SJR 6, 72nd R.S.
Proposition Prop. 7 - The constitutional amendment to allow the board of trustees of a statewide public retirement system to invest funds of the system in a manner that the board considers prudent.
Outcome: Defeated
Election date: 11/05/1991
Votes for: 699,829
Votes against: 1,205,240
Enabling legislation
SB 128 (72 R.S.) Relating to investments by public retirement systems.
Articles affected
Article 16 :
Amends
§67
(a)(3)
Analyses of proposed amendments:
House Research Organization Amendments Proposed for the November 5, 1991 election.
Texas Legislative Council Analyses of Proposed Constitutional Amendments for the November 5, 1991 election.
Effective dates
Unless otherwise specified, an amendment takes effect as part of the constitution on the date of the official canvass of election returns showing adoption of the amendment.
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