by - February 21, 2011 7:00 pm
Mcdaniel Rejects Nelson Severance Tax Proposal
On Tuesday, Attorney General Dustin McDaniel rejected a proposed ballot initiative aimed at raising the state’s severance tax on natural gas to 7%.
Attorney, two-time GOP gubernatorial nominee, and former natural gas company executive Sheffield Nelson filed paperwork on Feb. 7 with the Attorney General’s office to lead an initiated act to raise Arkansas’ severance tax on natural gas to 7%.
