By Chris Hickey, KUAR-FM, Arkansas Public Radio
In addition to a citizen-driven ballot question on Medical Marijuana, Arkansas voters are getting to decide on three legislature-sponsored constitutional amendments in this election. One of those, Issue 3, would primarily allow the Arkansas Legislature to approve an unlimited amount of bond money to support new large-scale economic development projects.
By Robin Respaut May 28, 2015
Lockheed Martin received a deal this week to expand a plant in Arkansas using $87 million of state general obligation bonds, an unusual method of funding a private project with taxpayer debt.
An $87 million subsidy package for military contractor Lockheed Martin has sailed through a special legislative session in Arkansas. The package is meant to support the company’s bid for a contract with the federal government to produce military vehicles.