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 revise 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.

The resolution outlines specific amendments to various sections of Amendment 100, including the taxation structure for casino gaming receipts and the allocation of funds to the Arkansas Racing Commission. The proposed changes will take effect on January 1, 2027, if approved by a majority of voters in the next general election. The ballot title for this amendment will reflect its purpose of removing greyhound racing references and updating the financial provisions related to horse racing in Arkansas.