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• Introduced by Sen. Derek Kilmer, (D-Gig Harbor) (D) on January 25, 2012, proposes an amendment to the state Constitution to provide clear authority to state research universities to invest funds as authorized by law, including investment in stocks or bonds issued by any company.
  • Referred to the Senate Higher Education & Workforce Development Committee on January 25, 2012.
  • Referred to the Senate Ways & Means Committee on January 26, 2012.
  • Referred to the Senate Rules Committee on February 11, 2012.
• Passed 45 to 2 in the Senate on February 13, 2012.
  Who Voted "Yes" and Who Voted "No"
• Received in the House on February 14, 2012.
  • Referred to the House Higher Education Committee on February 14, 2012.
  • Referred to the House Ways & Means Committee on February 21, 2012.
    • Amendment offered in the House on February 25, 2012, provides that moneys of the University of Washington and Washington State University in funds in investment funds authorized by the legislature may be invested as authorized by law.
    • The amendment passed by voice vote in the House on March 2, 2012.
  • Referred to the House Rules Committee on February 27, 2012.
    • Amendment offered by Rep. Bob Hasegawa (D) on March 2, 2012, provides that, if the public moneys of the University of Washington and Washington State University are invested notwithstanding constitutional limits on lending of the state's credit and being interested in corporate stocks, such public moneys must be invested in a manner exclusively intended to promote positive effects on the state's people, communities, businesses, or environment. The amendment failed by voice vote in the House on March 2, 2012.
• Passed 93 to 4 in the House on March 2, 2012.
  Who Voted "Yes" and Who Voted "No"
• Received in the Senate on March 6, 2012.
• Passed 45 to 4 in the Senate on March 6, 2012.
  Who Voted "Yes" and Who Voted "No"