Proposed Homestead Exemption Initiative constitutional amendment. To exempt homesteads from state and local taxes. Ballot title and popular name approved.

STATE OF ARKANSAS OFFICE OF THE ATTORNEY GENERAL JUSTICE BUILDING, LITTLE ROCK 72201 STEVE CLARK (501) 371-2007 ATTORNEY GENERAL September 25, 1985 OPINION NO. 85-196 Mr. James F, Lane Attorney at Law 500 East Markham St., Suite 215 Little Rock, Arkansas 72201 Dear Mr. Lane: I acknowledge receipt of your proposed initiative constitutional amendment with popular name and ballot title pursuant to Ark. Stat. Ann. §2-208. I believe the popular name and ballot title submitted by you to be sufficient. That popular. name and ballot title reads as follows: POPULAR NAME THE HOMESTEAD EXEMPTION FROM TAXES AMENDMENT BALLOT TITLE "An Amendment to Article 9 of the Constitution of the State of Arkansas, adding Section ll to provide that the homestead of each and every Arkansas resident shall be wholly exempt from all state and local taxes up to an assessed valuation of $100,000, and for other purposes." Therefore, the foregoing popular name and ballot title are hereby approved and certified as sufficient. Sin Ly, STEVE [CLARK Attorney General SC:dd