Arkansas Capital Expenditures Amendment, Proposal 2 (2004)
From Ballotpedia
Arkansas Amendment 2, also known as the Economic Development Bonds was on the November 2, 2004 ballot in Arkansas as a legislatively-referred constitutional amendment, where it was approved.[1]
- Yes: 612,277 (63.7%)
- No: 349,518 (36.3%)
Text of the proposal
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]
