Bill Text: WV HB2420 | 2021 | Regular Session | Introduced
Bill Title: Authorizing the State Tax Department to promulgate a legislative rule relating to downstream natural gas manufacturing investment tax credit
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2021-02-13 - To House Judiciary [HB2420 Detail]
Download: West_Virginia-2021-HB2420-Introduced.html
WEST VIRGINIA LEGISLATURE
2021 REGULAR SESSION
Introduced
House Bill 2420
By Delegate Foster
[Introduced February 13, 2021; Referred
to the Committee on the Judiciary]
A BILL to amend and reenact §64-7-1 of the Code of West Virginia, 1931, as amended, relating to authorizing the State Tax Department to promulgate a legislative rule relating to downstream natural gas manufacturing investment tax credit.
Be it enacted by the Legislature of West Virginia:
ARTICLE 7. Authorization for Department of revenue to promulgate legislative rules.
§64-7-1. State Tax Department.
The legislative rule filed in the State Register on July 29, 2020, authorized under the authority of §11-10-5 of this code, relating to the State Tax Department (downstream natural gas manufacturing investment tax credit, 110 CSR 13GG), is authorized.
NOTE: The purpose of this bill is to authorize the State Tax Department to promulgate a legislative rule relating to downstream natural gas manufacturing investment tax credit.
This section is new; therefore, strike-throughs and underscoring have been omitted.