Assembly Constitutional Amendment No. 13. Provides Legislature may authorize investment of moneys of any public pension or retirement fund, except Teachers Retirement Fund, in stocks, shares or other obligation of any corporation.
Popular Vote Results
Y: 2493667; A: 42.0; N: 3447832; B: 58.0
Assembly Constitutional Amendment
Don A. Allen, Chairman Joint Legislative Retirement Committee Assemblyman 63rd District; Alan Short, Vice Chairman Senator 20th District; E. Richard Barnes, Member Assemblyman 78th District
W. Byron Rumford, Member of California Assembly 17th District, Berkeley
PUBLIC RETIREMENT FUNDS California Proposition 7 (1964).