A vote FOR this amendment will authorize the Legislature to permit municipalities to fund economic or industrial development projects or programs from additional fund sources, subject to a vote of a majority of the registered voters of such municipality voting upon the question. Fund sources may include property taxes, local option sales tax, or any other general tax levied by the municipality or generated from municipally owned utilities or grants, donations, or state and federal funds received by the municipality.

A vote AGAINST this amendment will not authorize the Legislature to permit municipalities to fund economic or industrial development projects or programs from additional fund sources.

A constitutional amendment to change the powers of municipalities relating to fund sources for economic or industrial development.