The proposed resolution seeks to amend the Arkansas Constitution by removing all references to greyhound racing from Amendment 100. This change is prompted by the fact that no entity currently holds a franchise to conduct greyhound racing in the state. The amendment will modify sections related to casino gaming, specifically allowing casino licensees to accept wagers on horse racing while eliminating any mention of greyhound racing. Additionally, it will adjust the distribution of net casino gaming receipts tax and contributions to racing purses, ensuring that funds are allocated solely for horse racing activities.

If approved by voters in the next general election, the amendment will take effect on January 1, 2027. The resolution outlines the new provisions for taxation and revenue distribution, emphasizing that the funds will be directed towards horse racing and related breeding activities, while completely excluding greyhound racing. The popular name for this amendment will reflect its purpose of removing greyhound racing references and updating the financial framework for horse racing in Arkansas.