Arkansas Amendment 2
, also known as the Economic Development Bonds
, appeared as a legislatively-referred constitutional amendment
on the November 2, 2004 ballot
, where it was approved
| Capital Expenditures and Economic Development Bonds|
| Yes|| 612,277|| 63.7%|
Text of measure
The language that appeared on the ballot:
An amendment to allow the General Assembly to approve the issuance of general obligation bonds for any economic development project that plans to invest more than $500 million in capital expenditures and to hire more than 500 new employees.
The 2004 Amendment 2 Committee supported the measure and donated $486,070 for its passage.