Severance Tax Hike May Not Need 3/4 Vote
posted 4:35 pm Thu February 07, 2008 - Little Rock
Attorney General Dustin McDaniel says increasing the state's severance tax on natural gas through the Legislature may not require as many votes as other tax increases.
McDaniel told a county judges' association Thursday that his office has begun researching whether increasing the tax on natural gas production would require a 3/4 vote in both chambers of the Legislature.
If the larger vote isn't necessary, it would help efforts to try to increase the tax through the Legislature rather than through a proposed initiated act currently being reviewed by McDaniel's office.
Governor Beebe has said he would consider calling a special session to raise the tax if a deal can be worked out with legislators and natural gas firms.
Latest Comment on Severance Tax Hike May Not Need 3/4 Vote
market
7:20 am on 02/08/08
Beebe and McDaniel are using this political football for all it's worth. I wish they would go on and just introduce it to the Legislature and quit playing games. JMO
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