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

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

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.