| 3 | 2 | | *TSA030* 3/29/2023 1:38:00 PM TSA030 |
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| 4 | 3 | | |
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| 5 | 4 | | State of Arkansas 1 |
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| 6 | 5 | | 94th General Assembly A Bill 2 |
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| 7 | 6 | | Regular Session, 2023 SENATE BILL 533 3 |
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| 8 | 7 | | 4 |
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| 9 | 8 | | By: Senator Caldwell 5 |
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| 10 | 9 | | By: Representative J. Moore 6 |
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| 11 | 10 | | 7 |
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| 12 | 11 | | For An Act To Be Entitled 8 |
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| 13 | 12 | | AN ACT TO AMEND THE LOCAL GOVERNMENT BON D ACT OF 9 |
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| 14 | 13 | | 1985; TO AMEND THE D EFINITION OF "CAPITA L 10 |
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| 15 | 14 | | IMPROVEMENTS OF A PU BLIC NATURE" TO INCL UDE CEMETERY 11 |
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| 16 | 15 | | FACILITIES AND APPAR ATUS; AND FOR OTHER PURPOSES. 12 |
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| 17 | 16 | | 13 |
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| 18 | 17 | | 14 |
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| 19 | 18 | | Subtitle 15 |
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| 20 | 19 | | TO AMEND THE LOCAL GOVERNMENT BOND ACT OF 16 |
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| 21 | 20 | | 1985; AND TO AMEND THE DEFINITION OF 17 |
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| 22 | 21 | | "CAPITAL IMPROVEMENTS OF A PUBLIC NATURE" 18 |
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| 23 | 22 | | TO INCLUDE CEMETERY FACILITIES AND 19 |
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| 24 | 23 | | APPARATUS. 20 |
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| 25 | 24 | | 21 |
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| 26 | 25 | | 22 |
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| 27 | 26 | | BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 23 |
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| 28 | 27 | | 24 |
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| 29 | 28 | | SECTION 1. Arkansas Code ยง 14 -164-303(2)(C), concerning the public 25 |
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| 30 | 29 | | betterments or improvements for which furnishings, machinery, vehicles, 26 |
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| 31 | 30 | | apparatus, and equipment fall within the definition of "capital improvements 27 |
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| 32 | 31 | | of a public nature" used under the Local Government Bond Act of 1985, is 28 |
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| 33 | 32 | | amended to add an additional subdivision to read as follows: 29 |
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| 34 | 33 | | (xlvii) Cemetery facilities and apparatus; 30 |
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| 35 | 34 | | 31 |
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| 36 | 35 | | 32 |
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| 37 | 36 | | 33 |
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