Blog Posts > Lawmakers Pass Bills To Lure Petrochemical Industry To W.Va.
February 25, 2020

Lawmakers Pass Bills To Lure Petrochemical Industry To W.Va.

WV Public Broadcasting – The West Virginia House of Delegates on Tuesday passed two bills that would provide tax cuts to the natural gas industry in an effort to boost petrochemical and plastics manufacturing. Read/listen.

House Bill 4421 the “Natural Gas Liquids Economic Development Act” would provide tax credits to companies that transport or store natural gas liquids. These by-products of natural gas drilling include propane and ethane, which are feedstocks for chemical and plastics production.

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