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 specific sections of Amendment 100 to eliminate mentions of greyhound racing while maintaining provisions related to horse racing and casino gaming. Additionally, it will adjust the distribution of net casino gaming receipts tax and required contributions to racing purses and breeding activities, ensuring that these funds are allocated solely for horse racing.

If approved by a majority of voters in the next general election, the amendment will take effect on January 1, 2027. The resolution outlines the new language for the relevant sections of the Constitution, clarifying that casino licensees may continue to accept wagers on horse racing but not on greyhound racing. It also specifies the distribution of tax revenues and contributions to support horse racing activities, while ensuring that the funds dedicated to purses and breeding activities are not subject to existing contractual obligations. The popular name for the amendment will reflect its purpose of removing greyhound racing references and updating the associated financial provisions.