WV SB505 | 2009 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on March 9 2009 - 25% progression, died in committee
Action: 2009-03-09 - To Finance
Pending: Senate Finance Committee

Summary

The purpose of this bill is to enact a business and occupation tax on the activity of transmitting electricity through certain long distance, extra-high voltage electric transmission lines; to dedicate the proceeds of the tax to relief for electric retail ratepayers, counties containing or crossed by long distance, extra-high voltage electric transmission lines and the West Virginia Infrastructure and Jobs Development Council; to provide for the distribution of tax proceeds; and to require applicants seeking to construct a high voltage transmission line over four hundred fifty kilovolts to study the feasibility of retensioning, double-circuiting or reconductoring existing transmission lines so as to maximize their transmission capacity without substantially impairing the reliability of the existing system.

Tracking Information

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Title

Imposing business and occupation tax on electricity transmission through certain lines

Sponsors


History

DateChamberAction
2009-03-09 To Finance
2009-03-09 To Finance
2009-03-09 Introduced in Senate
2009-03-09 To Finance
2009-03-09 Filed for introduction

Same As/Similar To

HB3000 (Same As) 2011-06-09 - Effective Date

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
11132Amended CodeCitation Text
11132qNew CodeSee Bill Text
24211aAmended CodeCitation Text

West Virginia State Sources


Bill Comments

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