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.
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.