Arkansas: New ballot title filed for severance tax measure

Wed, Mar 2 2011 — Source: Arkansas Business Online

Former natural gas executive Sheffield Nelson on Tuesday refilled his proposed ballot measure to raise the severance tax on natural gas to 7 percent. Arkansas Attorney General Dustin McDaniel rejected Nelson’s original proposal in February, citing ambiguities in the text. At a news conference Tuesday, Nelson said that he appreciated McDaniel’s feedback and that he believed his revised proposal sufficiently dealt with the ambiguities.

Read the story from Arkansas Business Online