WV HB5522 | 2024 | Regular Session
Status
Spectrum: Partisan Bill (Republican 11-0)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-14 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-14 - To House Finance
Pending: House Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
The purpose of this bill is to encourage and incentivize the installation, repair, and maintenance of environmental pollution control equipment at coal-fired electric generating units located in West Virginia and that serve West Virginia residents, by authorizing a credit against the business and occupation tax imposed on the business of generating electricity, thereby extending the life of coal-fired power plants, which will provide cheaper electricity to the State's residents.
Title
Relating to providing a credit against the business and occupation tax imposed on coal-fired electric generating units to help off-set environmental compliance costs
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-02-14 | House | To House Finance |
| 2024-02-14 | House | With amendment, do pass, but first to Finance |
| 2024-02-08 | House | To House Energy and Manufacturing |
| 2024-02-08 | House | Introduced in House |
| 2024-02-08 | House | To Energy and Manufacturing then Finance |
| 2024-02-08 | House | Filed for introduction |
