Arkansas legislators briefed on economic development districts ballot measure | Northwest Arkansas Democrat-Gazette

Arkansas legislators briefed on economic development districts ballot measure | Northwest Arkansas Democrat-Gazette

Arkansas voters will soon weigh in on a proposal to let local governments facilitate private development by issuing bonds backed by future tax revenue. If voters approve Issue 3, economic development districts would be able to issue bonds to help a developer finance a project, said Justin Allen, an attorney with the Little Rock law firm Wright Lindsey Jennings.