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Arkansas Capital Expenditures and Economic Development Bonds, Proposal 2 (2004)

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Arkansas Amendment 2, also known as the Economic Development Bonds, appeared as a legislatively-referred constitutional amendment on the November 2, 2004 ballot in Arkansas, where it was approved.[1]

Election results

Capital Expenditures and Economic Development Bonds
ResultVotesPercentage
Approveda Yes 612,277 63.7%
No349,51836.3%

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.

Campaign finance

The 2004 Amendment 2 Committee supported the measure and donated $486,070 for its passage.[2]

See also

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External links

References