Arkansas Economic Development Bonds, Proposed Amendment 2 (2004)
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The Arkansas Economic Development Bonds Amendment, also known as Proposed Amendment 2, was on the ballot in Arkansas on November 2, 2004, as a legislatively referred constitutional amendment, where it was approved. The measure allowed the general assembly to issue general obligation bonds for economic development projects that invested in capital expenditures.[1][2]
Election results
| Arkansas Proposed Amendment 2 (2004) | ||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
 Yes | 612,277 | 63.66% | ||
| No | 349,518 | 36.34% | ||
Election results via: Arkansas Secretary of State
Text of measure
The question 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.[2][3] |
Support
Campaign finance
The 2004 Amendment 2 Committee supported the measure and donated $486,070 for its passage.[4]
See also
- Arkansas 2004 ballot measures
- 2004 ballot measures
- List of Arkansas ballot measures
- History of Initiative & Referendum in Arkansas
External links
Footnotes
- ↑ Arkansas Secretary of State, "Initiatives and Amendments 1938-2010," accessed September 1, 2015
- ↑ 2.0 2.1 Arkansas Secretary of State, "Proposed Constitutional Amendment # 2," accessed September 1, 2015
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
- ↑ Follow the Money, "Arkansas Amendment 2 Donations," accessed September 1, 2015
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