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Chamber opposes tax with road trip | Politics

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Chamber opposes tax with road trip
Chamber opposes tax with road trip

Conway Chamber to go on 250 mile Economic Development Road Trip Opposing Severance Tax Increase

What:   Conway Area Chamber Leadership, Mayor Tab Townsell and Faulkner County Judge Preston Scroggin will visit six Chambers of Commerce and Economic Development organizations throughout Arkansas gathering resolutions opposing the proposed increase to the severance tax on natural gas.

When: Wednesday, February 1 – 6:00 a - 6:00 p

Where: Stops included: Conway, Searcy, Clinton, Damascus, Morrilton, Russellville, Fort Smith

Who:     -      Mayor Tab Townsell, City of Conway

  • County Judge Preston Scroggin, Faulkner County
  • Jamie Gates, Conway Area Chamber of Commerce
  • Brad Lacy, Conway Area Chamber of Commerce
  • Local Economic Development Leadership and public officials in multiple locations

Why:   Since 2005, the natural gas industry has created unprecedented economic investment in Arkansas.  The proposed Natural Gas Severance Tax Act of 2012 is currently in the signature gathering phase for the 2012 election.  As written, the act would put Arkansas at a tremendous disadvantage within the industry and have a catastrophic impact on Arkansas’s private and public sector finances. 

The Conway Area Chamber and a several other economic development organizations are encouraging Arkansas voters to educate themselves to the long term negative consequences associated with this proposed change.