WV HB2540 | 2010 | Regular Session
Status
Spectrum: Moderate Partisan Bill (Democrat 5-1)
Status: Introduced on January 13 2010 - 25% progression, died in committee
Action: 2010-01-13 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 13 2010 - 25% progression, died in committee
Action: 2010-01-13 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of the bill is to dedicate five percent of current severance taxes imposed on coal, gas and oil, timber, waste coal, and "other" natural resources (such as limestone) to a special fund, to be allocated by the development office to the counties, and the cities within those counties, from which the severance tax on those natural resources are generated at the same percentage as the percentage of the total severance tax revenues are generated from the county.
Title
Dedicating a portion of revenue generated from certain severance taxes for the benefit of counties from which the revenue was generated
Sponsors
| Sen. Michael Caputo [D] | Del. Jeff Eldridge [R] | Del. Steven Kominar [D] | Del. Nancy Peoples Guthrie [D] |
| Del. Linda Phillips [D] | Del. Harry White [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-13 | To House Finance | |
| 2010-01-13 | Introduced in House | |
| 2010-01-13 | To Finance | |
| 2010-01-13 | Filed for introduction |
