Severance tax passes

The Associated Press is reporting that Gov. Mike Beebe signed legislation Wednesday that raises Arkansas’ severance tax on natural gas for the first time in a half century.

The tax goes into effect Jan. 1, and is expected to eventually raise $100 million annually. The money would be used to improve Arkansas’ roads. Maybe now we can get funding to four-lane U.S. 167 to Little Rock. One can only hope… .

One Response to “Severance tax passes”

  1. Steve Harrelson Says:

    Or how about four-lanes east and west on 82?

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