West Virginia Public Broadcasting – The West Virginia House passed a bill Wednesday that would reduce the severance tax paid on coal burned for electricity. Read/Listen.
House Bill 3142 passed on an 88-11 vote after contentious debate on the floor.
Long sought by industry, the legislation would reduce the severance tax paid by coal companies on steam or thermal coal from 5 percent to 4 percent effective July 1 and to 3 percent effective July 1, 2020.
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