Most Active Stories
- Governor-Elect Asa Hutchinson Sets Up Website For Transition
- State Supreme Court Deliberates On Same-Sex Marriage
- Election: Fayetteville's LGBT Anti-Discrimination Measure An Arkansas Rarity
- Effort To Curtail Use Of Antipsychotic Drugs In Nursing Homes
- Is Open Carry Legal in Arkansas? Depends On Who You Ask.
Local & Regional News
Mon March 17, 2014
Governor Beebe Vetoes Tax Exemption For Drilling Sand
Gov. Mike Beebe has issued a line-item veto on a provision in a budget bill that exempts sales tax collection on the sand used in the drilling of oil and natural gas.
The governor made the line-item veto Monday in the budget bill for the Department of Finance and Administration's revenue services division.
In a letter to lawmakers, Beebe said the Legislature made a substantive change to state law without following the constitutional steps to do so during a fiscal session.
Lawmakers have said they were clarifying state law to follow a Pulaski County circuit judge's ruling that sand qualifies as equipment, meaning taxes can't be collected on it.
Lawmakers can attempt a veto override when they return to formally adjourn the session Wednesday.