LOCAL AGENCIES--INSURANCE POOLING ARRANGEMENTS--LEGISLATIVE CONSTITUTIONAL AMENDMENT. Amends section 6 of article XVI of Constitution to permit cities, counties, townships and other political corporations and subdivisions of State, to join with other such agencies in providing for payment of workers\u27 compensation, unemployment compensation, tort liability or public liability losses incurred by such agencies, by entry into an insurance pooling arrangement under joint exercise of powers agreement, or by membership in such publicly-owned nonprofit corporation or other public agency as may be authorized by Legislature. Financial impact: None on state; effect on local governments unpredictable