WV HB2716 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 20 2025 - 25% progression
Action: 2025-02-20 - To House Economic Development
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 20 2025 - 25% progression
Action: 2025-02-20 - To House Economic Development
Pending: House Economic Development Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to create a credit against the severance tax to encourage private companies to make infrastructure improvements to highways, roads and bridges in this state. The bill limits the total amount of road and highway infrastructure improvement credits which can be certified by the Secretary of Transportation. The bill seeks to encourage greater capital investment in coal production and processing facilities. The bill will increase economic opportunity in this state. The bill authorizes the claiming of the credits. Finally, the bill provides for an effective date.
Title
Create a credit against the severance tax to encourage private companies to make infrastructure improvements to highways, roads and bridges in this state
Sponsors
History
Date | Chamber | Action |
---|---|---|
2025-02-20 | House | To House Economic Development |
2025-02-20 | House | To House Energy and Public Works |
2025-02-20 | House | Introduced in House |
2025-02-20 | House | To Energy and Public Works then Finance |
2025-02-20 | House | Filed for introduction |
Same As/Similar To
SB448 (Similar To) 2025-02-13 - To Energy, Industry, and Mining
Subjects
Code Citations
Chapter | Article | Section | Citation Type | Statute Text |
---|---|---|---|---|
11 | 13NN | 1 | New Code | See Bill Text |
11 | 13NN | 10 | New Code | See Bill Text |
11 | 13NN | 11 | New Code | See Bill Text |
11 | 13NN | 2 | New Code | See Bill Text |
11 | 13NN | 3 | New Code | See Bill Text |
11 | 13NN | 4 | New Code | See Bill Text |
11 | 13NN | 5 | New Code | See Bill Text |
11 | 13NN | 6 | New Code | See Bill Text |
11 | 13NN | 7 | New Code | See Bill Text |
11 | 13NN | 8 | New Code | See Bill Text |
11 | 13NN | 9 | New Code | See Bill Text |