Arkansas Special Session
Arkansas Governor Asa Hutchinson has officially called a special session of the state legislature that will begin on May 26. Lawmakers have been asked to consider providing incentives to bring a Lockheed Martin project to the company’s Camden, Ark. production facility. The proposal would make use of the legislature’s Amendment 82 authority to use the state’s general revenue budget to issue bonds to finance economic development projects. Lockheed Martin has expressed interest in building 5,500 Joint Light Tactical Vehicles at the Camden facility and Hutchinson’s office says the project would create nearly 600 new jobs. However the project would be contingent on the company winning a U.S. Army contract to build the vehicles.
The legislature is also expected to vote on a minor change to the state’s DWI law that is needed to prevent a loss of federal highway funding, and it will debate moving Arkansas’ primary elections from May to March.