Half-Cent Sales Tax Extension For Highways

Arkansas Highway

Extending the half-cent sales tax due to expire in 2023 would be “one of the key foundational ingredients” that could be included in a highway plan presented to voters, Gov. Asa Hutchinson said Tuesday.

The governor mentioned extending the tax to reporters after speaking to the Good Roads Foundation. Voters approved the tax to fund the Connecting Arkansas Program in 2012. It expires in 2023.

The Arkansas Department of Transportation says it has a more than $400 million annual revenue shortfall for maintaining the highway system and completing needed construction – a figure that does not include constructing Interstate 49 across western Arkansas or I-69 across southern Arkansas. The agency spends about $455 million annually on the highway system.    MORE

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