MO HJR159

Proposes a constitutional amendment to be submitted to Missouri voters at the November 2026 general election or a special election called by the governor

Extends the maximum maturity for U.S. government obligations that the state treasurer may invest in from five years to seven years from the date of purchase

Authorizes the state treasurer to invest in municipal securities with one of the five highest long-term ratings or the highest short-term rating from a nationally recognized rating agency, with maturities up to five years

Permits the treasurer to invest in "other reasonable and prudent financial instruments and securities as otherwise provided by law," expanding investment flexibility beyond currently authorized categories

Updates gendered pronouns ("him/his" to "them/their") throughout the constitutional provision regarding the state treasurer's duties