West Virginia Senate Bill 507 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Vetoed on March 25 2010 - 100% progression
Action: 2010-03-20 - Vetoed by Governor 3/25/10 - House Journal

The purpose of this bill The purpose of this article is to allow for a tax credit for coal companies that purchase innovative safety technology that is compiled by the Mine Safety Technology Task Force and approved by the Director of the West Virginia Office of Miners' Health, Safety and Training. The bill makes legislative findings and purpose and defines terms. The bill sets forth requirements for a list of approved innovative mine safety technology. The bill specifies the amount of tax credit allowed. The bill establishes the criteria for qualified investments. The bill specifies forfeiture of unused tax credits. The bill specifies treatment for transfer of certified eligible safety property to successors. The bill also sets forth requirements for identification of investment credit property. The bill prescribes treatment for failure to keep records of certified eligible safety property. The bill further sets forth tax credit review and accountability requirements and specifies the requirements for disclosure of tax credits. The bill grants rulemaking authority. The bill also amends the duties of the Director of the West Virginia Office of Miners' Health, Safety and Training and amends the duties of the Mine Safety Technology Task Force.

Creating WV Innovative Mine Safety Technology Tax Credit Act

Sen. Donald Caruth [R]

Sen. Karen Facemyer [R]

Sen. Ron Stollings [D]

Sen. Dave Sypolt [R]

Date	Chamber	Action
2010-03-20		Vetoed by Governor 3/25/10 - House Journal
2010-03-20		Vetoed by Governor 3/25/10 - Senate Journal
2010-03-25		Vetoed by Governor 3/25/10
2010-03-20		To Governor 3/19/10 - House Journal
2010-03-19		To Governor 3/19/10 - Senate Journal
2010-03-19		To Governor 3/19/10
2010-03-13		Completed legislative action
2010-03-13		House received Senate message
2010-03-13		Communicated to House
2010-03-13		Senate concurred in House amendment and passed bill (Roll No. 59)
2010-03-12		Communicated to Senate
2010-03-12		Passed House (Roll No. 315)
2010-03-12		Read 3rd time
2010-03-12		On 3rd reading, Special Calendar
2010-03-11		Committee amendment adopted (Voice vote)
2010-03-11		Read 2nd time
2010-03-11		On 2nd reading, Special Calendar
2010-03-10		Read 1st time
2010-03-10		From House Calendar, 1st reading, placed on Special Calendar
2010-03-09		With amendment, do pass
2010-03-08		To House Finance
2010-03-08		With amendment, do pass, but first to Finance
2010-03-04		To House Energy, Industry and Labor, Economic Development and Small Business
2010-03-04		To Energy, Industry and Labor, Economic Development and Small Business then Finance
2010-03-04		Introduced in House
2010-03-03		Ordered to House
2010-03-03		Passed Senate (Roll No. 23)
2010-03-03		Read 3rd time
2010-03-03		On 3rd reading
2010-03-02		Read 2nd time
2010-03-02		On 2nd reading
2010-03-01		Read 1st time
2010-03-01		On 1st reading
2010-03-01		Immediate consideration
2010-03-01		Committee substitute reported
2010-02-19		To Finance
2010-02-19		Reported do pass, but first to Finance
2010-02-08		To Economic Development
2010-02-08		To Economic Development then Finance
2010-02-08		Introduced in Senate
2010-02-08		To Economic Development then Finance
2010-02-08		Filed for introduction

HB4503 (Same As) 2010-02-15 - To House Energy, Industry and Labor, Economic Development and Small Business

Chapter	Article	Section	Citation Type	Statute Text
11	13AA	1	New Code	See Bill Text
11	13AA	10	New Code	See Bill Text
11	13AA	11	New Code	See Bill Text
11	13AA	12	New Code	See Bill Text
11	13AA	13	New Code	See Bill Text
11	13AA	14	New Code	See Bill Text
11	13AA	15	New Code	See Bill Text
11	13AA	2	New Code	See Bill Text
11	13AA	3	New Code	See Bill Text
11	13AA	4	New Code	See Bill Text
11	13AA	5	New Code	See Bill Text
11	13AA	6	New Code	See Bill Text
11	13AA	7	New Code	See Bill Text
11	13AA	8	New Code	See Bill Text
11	13AA	9	New Code	See Bill Text
22A	1	4	Amended Code	Citation Text
22A	11	3	Amended Code	Citation Text

Type	Source
Summary	http://www.legis.state.wv.us/Bill_Status/Bills_history.cfm?input=507&year=2010&sessiontype=RS&btype=bill