MO SJR104

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 period for state treasurer investments in U.S. government obligations from five years to seven years

Authorizes the state treasurer to invest in municipal securities with one of the five highest long-term ratings or highest short-term rating, maturing within five years of purchase

Permits the state treasurer to invest in other reasonable and prudent financial instruments and securities as provided by law