Governor vetoes tax cuts that could impact COLA

Today Gov. Beebe vetoed a section of house bill 1048 that would exempt the sand used in oil and gas drilling from the state’s sales tax. This tax cut has the potential to cut $5 million from the budget. This $5 million could mean the loss of your COLA this year. Please contact your legislator and ask him or her to sustain the governor’s veto. 

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