WV HB2080 | 2015 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on January 15 2015 - 25% progression, died in committee
Action: 2015-01-15 - To House Roads and Transportation
Pending: House Roads & Transportation Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 15 2015 - 25% progression, died in committee
Action: 2015-01-15 - To House Roads and Transportation
Pending: House Roads & Transportation Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to reallocate and dedicate the natural gas and oil severance tax revenues, up to $30 million annually, to the natural gas and oil producing counties of origin. The bill provides for distribution of the moneys to the districts of the Division of Highways by the State Treasurer. The bill establishes amounts each natural gas and oil-producing county in a district is to receive. The bill requires moneys be used solely for the secondary roads. The bill provides duties of State Tax Commissioner. The bill requires reports of expenditures to Joint Committee on Government and Finance. The bill provides audits of distributed funds when authorized by the Joint Committee on Government and Finance. The bill provides an effective date. The bill authorizes legislative and emergency rules. This section is new; therefore, it has been completely underscored.
Title
Reallocating and dedicating up to $30 million to the natural gas and oil severance tax revenues annually to the natural gas and oil-producing counties of origin
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-01-15 | House | To House Roads and Transportation |
| 2015-01-15 | House | Introduced in House |
| 2015-01-15 | House | To Roads and Transportation then Finance |
| 2015-01-15 | House | Filed for introduction |
Subjects
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 11 | 13A | 3f | New Code | See Bill Text |
| 18 | 5 | 13 | Amended Code | Citation Text |
