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AR SJR9
Joint Resolution
Status
4/27/2011
Primary Sponsor
Bill Sample
Click for details
AI Summary
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Proposes a constitutional amendment to Arkansas authorizing governmental units to issue bonds for retiring unfunded liabilities in closed local police and fire pension plans
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Authorizes governmental units to levy a sales tax specifically to fund the retirement of unfunded liabilities in closed local police and fire pension plans
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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
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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