Lawmakers hear proposal for a Missouri sovereign wealth fund called the 'Show Me Prosperity Fund' (HJR 1189) Representative Colin Wellencamp presented House Joint Resolution 1189 to create a Missouri sovereign wealth fund that would be invested in private-market products until its earnings equalled state-imposed tax revenue; committee members asked about initial funding, investment restrictions, audit frequency and whether dividends to residents would be feasible.

Missouri lawmakers are exploring the groundbreaking "Show Me Prosperity Fund," a sovereign wealth initiative that could transform state finances by replacing tax revenues with smart investments.

Learn more here

#MO #CitizenPortal #FiscalSustainability #MissouriFund #InvestmentStrategy