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AR SJR9

Joint Resolution

Status

Failed

4/27/2011

Primary Sponsor

Bill Sample

Click for details

Origin

Senate

88th General Assembly (2011 Regular)

AI Summary

  • Proposes a constitutional amendment to Arkansas authorizing governmental units to issue bonds for retiring unfunded liabilities in closed local police and fire pension plans

  • Authorizes governmental units to levy a sales tax specifically to fund the retirement of unfunded liabilities in closed local police and fire pension plans

  • Requires approval by a majority of Arkansas electors voting at the next general election for Senators and Representatives to become part of the state constitution

  • Sponsored by Senator B. Sample during the 88th General Assembly regular session in 2011

Legislative Description

Proposing A Constitutional Amendment To Authorize Governmental Units To Issue Bonds And Levy A Sales Tax For The Purpose Of Retiring Unfunded Liabilities Of Closed Local Police And Fire Pension Plans.

Last Action

Senate Sine Die adjournment

4/27/2011

Committee Referrals

State Agencies & Governmental Affairs2/9/2011

Full Bill Text

No bill text available