Investment/LTSS accounts

BE IT RESOLVED, BY THE SENATE AND HOUSE OF REPRESENTATIVES OF THE 1
STATE OF WASHINGTON, IN LEGISLATIVE SESSION ASSEMBLED:2
THAT, At the next general election to be held in this state the 3
secretary of state shall submit to the qualified voters of the state 4
for their approval and ratification, or rejection, an amendment to 5
Article XXIX, section 1 of the Constitution of the state of 6
Washington to read as follows: 7
8
Article XXIX, section 1. Notwithstanding the provisions of 9
sections 5, and 7 of Article VIII and section 9 of Article XII or any 10
other section or article of the Constitution of the state of 11
Washington, the moneys of any public pension or retirement fund, 12
industrial insurance trust fund, ((or)) fund held in trust for the 13
benefit of persons with developmental disabilities , or fund to 14
provide for long-term care services and supports for eligible seniors 15
and people with disabilities may be invested as authorized by law. 16
Investment income from a fund to provide for long-term care services 17
and supports for eligible seniors and people with disabilities is 18
dedicated to long-term services and supports for program 19
beneficiaries.20
S-1517.1
SENATE JOINT RESOLUTION 8201
State of Washington 69th Legislature 2025 Regular Session
By Senators Braun, Pedersen, and Conway
Read first time 02/20/25. Referred to Committee on Ways & Means.
p. 1 SJR 8201
BE IT FURTHER RESOLVED, That this amendment is a single amendment 1
within the meaning of Article XXIII, section 1 of the state 2
Constitution. 3
The legislature finds that the changes contained in this 4
amendment constitute a single integrated plan for the fund to provide 5
long-term care services and supports for eligible seniors and people 6
with disabilities. If this amendment is held to be separate 7
amendments, this joint resolution is void in its entirety and is of 8
no further force and effect. 9
BE IT FURTHER RESOLVED, That the legislature, pursuant to its 10
authority under RCW 29A.36.020(3), specifies the ballot title and 11
concise description shall read "The legislature has proposed a 12
constitutional amendment on allowing money in Washington's long-term 13
care fund to be invested. This amendment would allow the state fund 14
dedicated to providing long-term care benefits for eligible seniors 15
and people with disabilities to be invested as authorized by law.16
Should this constitutional amendment be: 17
Approved . . . . . . . . . . 18
Rejected . . . . . . . . . ." 19
BE IT FURTHER RESOLVED, That the secretary of state shall cause 20
notice of this constitutional amendment to be published at least four 21
times during the four weeks next preceding the election in every 22
legal newspaper in the state. 23
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p. 2 SJR 8201