Proposition Summary

Assembly Constitutional Amendment No. 13. Provides Legislature may authorize investment of moneys of any public pension or retirement fund, except Teachers Retirement Fund, in stocks, shares or other obligation of any corporation.

Proposition Number

7

Year

1964

Document Type

Proposition

Pass/Fail

Fail

Popular Vote Results

Y: 2493667; A: 42.0; N: 3447832; B: 58.0

Election Type

General Election

Proposition Type

Assembly Constitutional Amendment

For Author

Don A. Allen, Chairman Joint Legislative Retirement Committee Assemblyman 63rd District; Alan Short, Vice Chairman Senator 20th District; E. Richard Barnes, Member Assemblyman 78th District

Against Author

W. Byron Rumford, Member of California Assembly 17th District, Berkeley

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