Shane Broadway voted Yea (Passage) on this Legislation.
Title: Natural Gas Tax
Vote to pass a bill that increases the severance tax on four categories of natural gas and allocates the tax revenue to state highway improvements.
- Sets the severance tax on the market value of natural gas at (sec. 7):
NOTE: TAX INCREASES MUST BE APPROVED BY VOTERS. IN EMERGENCY SITUATIONS, THE LEGISLATURE MAY INCREASE TAXES BY A 3/4 MAJORITY IN BOTH CHAMBERS.
Title: Natural Gas Tax
Signed by Governor Mike Beebe
Title: Natural Gas Tax
Vote to pass a bill that increases the severance tax on four categories of natural gas and allocates the tax revenue to state highway improvements.
- Sets the severance tax on the market value of natural gas at (sec. 7):
NOTE: TAX INCREASES MUST BE APPROVED BY VOTERS. IN EMERGENCY SITUATIONS, THE LEGISLATURE MAY INCREASE TAXES BY A 3/4 MAJORITY IN BOTH CHAMBERS.
Title: Natural Gas Tax