McDaniel Certifies Ballot Proposal for Severance Tax - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock, AR

McDaniel Certifies Ballot Proposal for Severance Tax

LITTLE ROCK, AR - Attorney General Dustin McDaniel today certified a proposal November ballot measure to raise Arkansas' severance tax on natural gas production.

McDaniel's certification clears the way for former utility executive Sheffield Nelson to gather the 61,974 voter signatures needed to put it on the November ballot.

Nelson's proposal would raise the state's severance tax to 7 percent of the market value of natural gas at the time of extraction.  The proceeds would go to highways, county and city aid, and higher education.

A former Arkla executive and Republican gubernatorial candidate, Nelson has said the tax hike would raise between $60 million and $100 million annually.

(Copyright 2008 by The Associated Press.  All Rights Reserved.)

  • Region 8 News</span><a class="customMoreLink" href="/Global/category.asp?C=4391" target="_top">More >></a>Region 8 NewsMore>>

  • Man killed in Missouri crash

    Man killed in Missouri crash

    Sunday, June 24 2018 10:19 AM EDT2018-06-24 14:19:27 GMT
    Sunday, June 24 2018 10:32 AM EDT2018-06-24 14:32:32 GMT
    Missouri State Highway Patrol (Source: Missouri State Highway Patrol Facebook page)Missouri State Highway Patrol (Source: Missouri State Highway Patrol Facebook page)
    Missouri State Highway Patrol (Source: Missouri State Highway Patrol Facebook page)Missouri State Highway Patrol (Source: Missouri State Highway Patrol Facebook page)

    A Southeast Missouri man was killed in a single-vehicle crash in Stoddard County, according to an online crash report from the Missouri State Highway Patrol. 

    A Southeast Missouri man was killed in a single-vehicle crash in Stoddard County, according to an online crash report from the Missouri State Highway Patrol. 

  • NEA Humane Society holds cat adoption event

    NEA Humane Society holds cat adoption event

    Saturday, June 23 2018 6:25 PM EDT2018-06-23 22:25:19 GMT
    Saturday, June 23 2018 6:48 PM EDT2018-06-23 22:48:36 GMT
    (Source: KAIT)(Source: KAIT)
    (Source: KAIT)(Source: KAIT)

    The Northeast Arkansas Humane Society is hosting a Feline Freedom Adoption Frenzy in honor of July 4th.

    The Northeast Arkansas Humane Society is hosting a Feline Freedom Adoption Frenzy in honor of July 4th.

  • Mayor: Corning Walmart set to close in July

    Mayor: Corning Walmart set to close in July

    Wednesday, June 20 2018 11:26 AM EDT2018-06-20 15:26:48 GMT
    Saturday, June 23 2018 3:05 PM EDT2018-06-23 19:05:53 GMT
    (Source: KAIT)(Source: KAIT)

    A Walmart in Region 8 is closing within the month, according to the Corning mayor.

    A Walmart in Region 8 is closing within the month, according to the Corning mayor.

Powered by Frankly