Senate committee advances severance-tax credit to spur coal-related road and processing investment The Senate Energy, Industry and Mining Committee agreed to report committee substitute for Senate Bill 131, a severance-tax credit to encourage private investment in road, highway and coal/natural-gas processing infrastructure. Testimony from the West Virginia Coal Association highlighted market pressures, PJM dispatch concerns and fiscal-note questions.

The Senate committee has taken a significant step towards revitalizing West Virginia's coal industry by advancing a severance-tax credit aimed at boosting investment in essential infrastructure.

Click to read more!

#WV #EnergyPolicy #WestVirginiaCoal #SeveranceTaxCredit #InfrastructureInvestment