Post by Logan on Mar 5, 2017 6:47:37 GMT -6
LITTLE ROCK—Proposed Arkansas legislation that would raise more than $200 million annually to pay for road construction would require voter approval.
The two bills are sponsored by Republican Rep. Dan Douglas, the Arkansas Democrat-Gazette reported.
The Arkansas Highway Maintenance and Bond Act of 2017 would allow the state Highway Commission to issue bonds for 20 years beginning April 2018. The issuance of bonds would require a popular vote.
The second bill would levy a 6.5 percent sales tax on the wholesale price of gasoline and diesel as well as require the governor to call a special election or refer the matter to the November general election.
Read more: www.texarkanagazette.com/news/arkansas/story/2017/mar/02/proposed-legislation-arkansas-requires-voter-ok/663737/
The two bills are sponsored by Republican Rep. Dan Douglas, the Arkansas Democrat-Gazette reported.
The Arkansas Highway Maintenance and Bond Act of 2017 would allow the state Highway Commission to issue bonds for 20 years beginning April 2018. The issuance of bonds would require a popular vote.
The second bill would levy a 6.5 percent sales tax on the wholesale price of gasoline and diesel as well as require the governor to call a special election or refer the matter to the November general election.
Read more: www.texarkanagazette.com/news/arkansas/story/2017/mar/02/proposed-legislation-arkansas-requires-voter-ok/663737/