WV HB4722 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Republican 5-0)
Status: Engrossed on February 28 2024 - 50% progression
Action: 2024-03-04 - Referred to Finance
Text: Latest bill text (Comm Sub) [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.

Tracking Information

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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


Roll Calls

2024-02-28 - House - Passed House (Roll No. 353) (Y: 94 N: 3 NV: 0 Abs: 3) [PASS]

History

DateChamberAction
2024-03-04SenateReferred to Finance
2024-03-04SenateRead 1st time
2024-03-04SenateImmediate consideration
2024-03-04SenateReported do pass with amend and title amend but first to Finance
2024-02-29SenateTo Transportation and Infrastructure
2024-02-29SenateTo Transportation and Infrastructure then Finance
2024-02-29SenateIntroduced in Senate
2024-02-28HouseCommunicated to Senate
2024-02-28HousePassed House (Roll No. 353)
2024-02-28HouseRead 3rd time
2024-02-28HouseOn 3rd reading, Special Calendar
2024-02-27HouseRead 2nd time
2024-02-27HouseOn 2nd reading, Special Calendar
2024-02-26HouseRead 1st time
2024-02-26HouseImmediate consideration
2024-02-26HouseOn 1st reading, Special Calendar
2024-02-26HouseBy substitute, do pass
2024-01-24HouseWith amendment, do pass, but first to Finance
2024-01-15HouseTo House Technology and Infrastructure
2024-01-15HouseIntroduced in House
2024-01-15HouseTo Technology and Infrastructure then Finance
2024-01-15HouseIntroduced in House

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
1113NN1New CodeSee Bill Text
1113NN10New CodeSee Bill Text
1113NN2New CodeSee Bill Text
1113NN3New CodeSee Bill Text
1113NN4New CodeSee Bill Text
1113NN5New CodeSee Bill Text
1113NN6New CodeSee Bill Text
1113NN7New CodeSee Bill Text
1113NN8New CodeSee Bill Text
1113NN9New CodeSee Bill Text

West Virginia State Sources

TypeSource
Summaryhttp://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=4722&year=2024&sessiontype=RS&btype=bill
Texthttp://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4722%20intr.htm&yr=2024&sesstype=RS&i=4722
Texthttp://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb4722%20sub.htm&yr=2024&sesstype=RS&i=4722
Amendmenthttp://www.wvlegislature.gov/legisdocs/chamber/2024/RS/com_amends/hb4722%20s%20t_i%20am%20_1%203-4.htm
Amendmenthttp://www.wvlegislature.gov/legisdocs/chamber/2024/RS/com_amends/hb4722%20s%20t_i%20amt%20_1%203-4.htm
Supplementhttp://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=868532300
Supplementhttp://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=868532937
Supplementhttp://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=895654210
Supplementhttp://www.wvlegislature.gov/Fiscalnotes/FN(2)/fnsubmit_recordview1.cfm?RecordID=895654186
Roll Callhttp://www.wvlegislature.gov/legisdocs/2024/RS/votes/house/00353.pdf

Bill Comments

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