Ballot Measures

House Joint Resolution 1007 To Amend Amendment 82 Of The Constitution Of Arkansas To Authorize The General Assembly To Establish Criteria Before Authorizing The Issuance Of Bonds For Prospective Employers Planning An Economic Development Project.

November 2, 2010 Arkansas General Election
Description:

BE IT RESOLVED BY THE HOUSE OF REPRESENTATIVES OF THE EIGHTY-SEVENTH GENERAL

ASSEMBLY OF THE STATE OF ARKANSAS AND BY THE SENATE, A MAJORITY OF ALL

MEMBERS ELECTED TO EACH HOUSE AGREEING THERETO:

That the following is proposed as an amendment to the Constitution of

the State of Arkansas, and upon being submitted to the electors of the state

for approval or rejection at the next general election for Representatives

and Senators, if a majority of the electors voting thereon at the election

adopt the amendment, the amendment shall become a part of the Constitution of

the State of Arkansas, to wit:

SECTION 1. Amendment 82(d) of the Constitution of Arkansas is amended to read as follows:

(d) The General Assembly to may authorize the

issuance of bonds bearing the full faith and credit of the State of Arkansas,

if the prospective employer planning an economic development project is

eligible under criteria established by law.

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