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Issue 3 - Concerning Job Creation, Job Expansion, and Economic Development

RACE DETAILS

Parents

> United States > Arkansas > Constitutional Amendments > 2016 Initiatives and Referenda > Issue 3 - Concerning Job Creation, Job Expansion, and Economic Development

Office

Type

General Election

Filing Deadline

June 08, 2016 - 12:00pm

Polls Open

November 08, 2016 - 07:30am

Polls Close

November 08, 2016 - 07:30pm

Term Start

January 01, 2017 - 12:00pm

Term End

January 01, 3999 - 12:00pm

Contributor

Crimson

Last Modified

Crimson November 27, 2016 05:49pm

Data Sources

[Link]

Description

An amendment to the Arkansas Constitution to encourage job creation, job expansion, and economic development; removing the limitation on the principal amount of general obligation bonds that may be issued under Amendment 82 of the Arkansas Constitution to attract large economic development projects; authorizing a city, county, town, or other municipal corporation to obtain or appropriate money for any corporation, association, institution, or individual to finance economic development projects and to provide economic development services; authorizing the issuance of bonds under Amendment 62 of the Arkansas Constitution for economic development projects; authorizing the taxes that may be pledged to retire bonds issued under Amendment 62 of the Arkansas Constitution for economic development projects; removing the requirement of a public sale for bonds issued under Amendment 62 of the Arkansas Constitution for economic development projects; and authorizing compacts for economic development projects among cities of the first and second class, incorporated towns, school districts and counties.

PRIMARY/OTHER SCHEDULE

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