DALLAS — Arkansas Gov. Mike Beebe will call a statewide election on a proposal to renew the state's existing $575 million Garvee road bond program.

If approved by voters, the bonds would be issued after the program's outstanding bonds mature in August 2014. Approval would not require an increase in the state's diesel tax of 27.8 cents per gallon, 4 cents of which help support Arkansas' current grant anticipation revenue vehicle bonds.

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