Missouri State Investment Fund Amendment

Current assessment

Missouri locks contributions into an equity-index endowment until a tax-replacement trigger; market returns and current spending needs make that design questionable.

What still needs an answer

• Check distribution ceiling, inflation rule and fiscal estimate before stronger call.

Source check and limits

Truly agreed text checked for S&P500 investment, discretionary funding sources and earnings trigger. Do not say it mandates an immediate appropriation or necessarily cuts services.

Reference documents

• www.senate.mo.gov · source 1