Severance tax deal? UPDATE | Arkansas Blog

Monday, March 10, 2008

Severance tax deal? UPDATE

Posted By on Mon, Mar 10, 2008 at 9:46 AM

No official word has been received here, but a representative of gas royalty owners said Gov. Mike Beebe put out word last night that a compromise had been reached on a natural gas severance tax increase and it would be announced at a news conference today.

More when we have it.

Presumably we can hope that Beebe will propose a more meaningful tax than what the greedy royalty owners have said they'll "settle" for.

UPDATE: Beebe spokesman Matt DeCample said there is NO news conference scheduled on this matter. But the sides are talking again.

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