WV SB505 | 2009 | Regular Session
Status
Spectrum: Bipartisan Bill
Status: Introduced on March 9 2009 - 25% progression, died in committee
Action: 2009-03-09 - To Finance
Pending: Senate Finance Committee
Status: Introduced on March 9 2009 - 25% progression, died in committee
Action: 2009-03-09 - To Finance
Pending: Senate Finance Committee
Summary
The purpose of this bill is to enact a business and occupation tax on the activity of transmitting electricity through certain long distance, extra-high voltage electric transmission lines; to dedicate the proceeds of the tax to relief for electric retail ratepayers, counties containing or crossed by long distance, extra-high voltage electric transmission lines and the West Virginia Infrastructure and Jobs Development Council; to provide for the distribution of tax proceeds; and to require applicants seeking to construct a high voltage transmission line over four hundred fifty kilovolts to study the feasibility of retensioning, double-circuiting or reconductoring existing transmission lines so as to maximize their transmission capacity without substantially impairing the reliability of the existing system.
Title
Imposing business and occupation tax on electricity transmission through certain lines
Sponsors
History
Date | Chamber | Action |
---|---|---|
2009-03-09 | To Finance | |
2009-03-09 | To Finance | |
2009-03-09 | Introduced in Senate | |
2009-03-09 | To Finance | |
2009-03-09 | Filed for introduction |
Same As/Similar To
HB3000 (Same As) 2011-06-09 - Effective Date
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 13 | 2 | Amended Code | Citation Text |
11 | 13 | 2q | New Code | See Bill Text |
24 | 2 | 11a | Amended Code | Citation Text |
West Virginia State Sources
Type | Source |
---|---|
Summary | http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=505&year=2009&sessiontype=RS&btype=bill |