Missouri voters reject proposal to create sovereign wealth fund

By: Annelise Hanshaw

Outlets: Missouri Independent

Published: November 4, 2026

Words: 642

Last Updated: 5 days, 19 hours ago

Body Text Preview

Missouri voters rejected Amendment 7 on Tuesday, turning down a proposal to create a state investment fund that supporters hoped could eventually generate enough money to eliminate state taxes.

The measure would have established the Show-Me Prosperity Fund, a permanent public endowment overseen by the state treasurer. Lawmakers could have invested state money in the fund, allowing earnings to compound over generations until they were sufficient to replace revenue from state taxes.

Unlike other high-profile …

Create a free account to access this story and more

Join Plucky Wire to access full stories, collaborate with newsrooms, and discover content from networks around the world.

Accessibility

About

FAQ

Email Us