Washington House Joint Resolution 4215 (2007)
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The House Resolution Bill 4215 is a ballot measure that appeared on the November 6, 2007 general election ballot in Washington. It passed, with approximately 55% of the electorate supporting it.[1]
The bill authorized the investment of money in public university permanent funds, and permits investment in stocks or bonds issued by any company.
House Resolution Bill 4215 was on the ballot as a legislatively-referred constitutional amendment. It amended Article XVI of the Washington State Constitution and is the 102nd amendment to the state's constitution.
The measure is one of six that appeared on the Washington ballot in November 2007.
Election results
| Washington Constitution |
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| Articles |
| I • II • III • IV • V • VI • VII • VIII • IX • X • XI • XII • XIII • XIV • XV • XVI • XVII • XVIII • XIX • XX • XXI • XXII • XXIII • XXIV • XXV • XXVI • XXVII • XXVIII • XXIX • XXX • XXXI • XXXII |
| Amendments |
| Washington House Joint Resolution 4215 | ||||
|---|---|---|---|---|
| Votes | Percentage | |||
 Yes
| 831,669 | 54.45% | ||
| No | 695,663 | 45.55% | ||
Sponsors of the Bill
Sponsors of the bill included: Representatives Kenney, Sells, Buri, Hunt, Wood
Voting Results
Below are the voting results for the measure as it passed through the House and Senate.
| Yeas | Nays | Absent | Excused | |
|---|---|---|---|---|
| Senate | 45 | 0 | 0 | 4 |
| House | 96 | 2 | 0 | 0 |
Statement of support
Some of the arguments in support of the amendment include:
- Would allow for higher returns by investing in stocks and mutual funds which would give greater support to universities[2]
Drafted by: Phyllis Gutierrez Kenny, State Representative, 46th Legislative District; Mark Schoesler, State Senator, 9th Legislative District; Ken Alhadeff, member – WSU Board of Regents, Chairman – Elttaes Enterprises; Daniel J. Evans, former Governor, Washington State.
Statement of opposition
Some of the arguments of opposition include:
- Would remove funds from a stable source[3]
Drafted by: Bob Hasegawa, State Representative, 11th Legislative District; Glenn Anderson, State Representative, 1th Legislative District.
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