Natural gas several tax proposal fails by 41,000 signatures

A 41,000-signature deficit separated Sheffield Nelson from his efforts to put a raise in the state’s severance tax on natural gas on the ballot in November, according to Arkansas News.

The former natural gas tycoon ended his campaign in July when the secretary of state invalidated 70 percent of the nearly 70,000 signatures he’d collected.

He would have needed another 41,000 signatures by today to put the initiative on the ballot for November.

Nelson told Arkansas News he hoped to see a revival of his efforts in the future.

“I think the real losers (in his aborted campaign) are the people of the state of Arkansas,” he said. “It certainly is something that I or someone else should take up in the future.”

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