WV SB168 | 2023 | Regular Session

Status

Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on January 13 2023 - 25% progression, died in committee
Action: 2023-02-10 - To Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

The purpose of this bill is to encourage and incentivize the sale of thermal or steam coal to coal-fired electric generating facilities, which are located in West Virginia and that serve West Virginia residents, by exempting the sale of such coal from the severance tax, thereby providing cheaper electricity to the State's residents.

Tracking Information

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Title

Providing exemption from state severance tax for coal sold to coal-fired power plants located in WV

Sponsors


History

DateChamberAction
2023-02-10SenateTo Finance
2023-02-10SenateReported do pass, but first to Finance
2023-01-13SenateTo Energy, Industry, and Mining
2023-01-13SenateIntroduced in Senate
2023-01-13SenateTo Energy, Industry, and Mining then Finance
2023-01-13SenateFiled for introduction

Same As/Similar To

HB3304 (Similar To) 2023-02-15 - To House Finance

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1113A3Amended CodeCitation Text

West Virginia State Sources


Bill Comments

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