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Legislature Overrides Mike Beebe’s Veto Of Tax Break For Gas Drillers

Arkansas Business – The Arkansas Legislature has voted to override Gov. Mike Beebe’s veto of a $5 million tax exemption for natural gas drillers. Ho...
Capitol

Arkansas Business – The Arkansas Legislature has voted to override Gov. Mike Beebe’s veto of a $5 million tax exemption for natural gas drillers.

House members on Wednesday voted 55-41 in favor of the override. The Senate followed with a 26-7 vote.

Both chambers then voted to adjourn the fiscal session, though House members are to vote on a speaker-designate.

Beebe said it was unconstitutional to include the tax break in a state agency’s budget bill.

To read the rest of this story on Arkansas Business, click here.