TITLE

Arkansas Eyes Sales Tax Bonds As Part of $1B Highway Plan

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
November 2004
SOURCE
Bond Buyer;11/29/2004, Vol. 350 Issue 32018, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the suggestion of officials from the Highway and Transportation Department to used state sales tax revenue bonds to finance part of a highway program in Arkansas. Lack of concrete proposals introduced by lawmakers; Gathering of Legislature for its 85th General Assembly; Expectation of the department that lawmakers will discuss the possibility of diverting part of the state sales tax revenue to highway funding; Use of sale tax money collected from things as car batteriesd and tires and the sales of cars and trucks to fund highway construction.
ACCESSION #
15220569

 

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