DALLAS — Arkansas voters would be asked to decide on $2.8 billion of state bonds for highway projects under a proposal to be introduced next week by House Speaker Robert Moore Jr.

Moore said Thursday he would propose a constitutional amendment to raise the sales tax rate by 0.5% for 10 years to support $1.8 billion of revenue bonds. The current rate is 6%.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.