Budget & Taxes

SJR 8201 proposes a constitutional amendment to allow the state to invest moneys from the fund dedicated to long-term care services and supports. This change would directly affect eligible seniors and people with disabilities who receive these services by potentially enhancing the fund's resources. The bill amends Article XXIX, section 1 of the state Constitution to permit the investment of these funds, similar to other public trust funds. Any investment income generated would be specifically dedicated to long-term services and supports for program beneficiaries. This proposed amendment will be submitted to the state's qualified voters for their approval or rejection at the next general election.