July 30, 2004 -- Posted at 3:31 p.m. CDT
It's an issue that many people don't know much about -- Amendment 2. The proposed Amendment would allow lawmakers to use state money to attract big companies without ever putting it to a vote. They'd be able to bring in big corporations just like this Nestle plant, right here in Jonesboro.
"When you're dealing with one of these industries you have to be able to give them quick responses. We'll be able to say a lot quicker that we can offer these benefits to new industry without having to go a full vote to the general public," said Freeman.
But there are some stipulations regarding the legislation.
But the Amendment is not to be confused with a tax increase.
"Nobody wants to raise taxes and this is one issue where we could bring in more tax revenue because if they employ five hundred people and you get sales tax on that or you payroll taxes or whatever that helps everybody in the state," said Hoke.
Freeman said, "The true benefit for Arkansas, and especially for Northeast Arkansas would be working with mega projects of industry coming to Arkansas," said Freeman.
The issue will be ultimately decided on the November ballot.