Arkansas Highway Bond Refunding, Proposed Amendment 28 (1938)

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The Arkansas Highway Bond Refunding Amendment, also known as Proposed Amendment 28, was on the November 8, 1938 ballot in Arkansas as an initiated constitutional amendment, where it was defeated. The measure would have authorized the refunding of all highway bonds, and would have provided that all bonds other than those bearing interest at 3% be refunded at a lower rate.[1] [2]

Election results

Arkansas Amendment 28 (1938)
Defeatedd No85,48267.72%
Yes 40,753 32.28%

Election results via: Arkansas Secretary of State

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