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WV House panel OKs critical materials property tax limit | Legislative Session

The West Virginia House of Delegates Finance Committee approved a bill, House Bill 4971, which would limit property tax on critical materials, a designation for minerals the United States Department of Energy has deemed essential to energy technology but prone to supply chain disruption. HB 4971 would provide that property tax assessments of critical materials manufacturing equipment would be its salvage value, defined as up to 5% of its fair market value.
United States West Virginia Robert Akers House Energy Tax Division United States Department Of Energy

WV House panel OKs coal plant pollution control tax credit | Legislative Session

The West Virginia House of Delegates Energy and Manufacturing Committee approved a bill, on Feb. 14, 2024, that would allow a tax credit for operating environmental pollution control equipment at coal-fired plants. House Bill 5522 would apply to electric utility-controlled plants.
United States West Virginia Pleasants County Phil Mallow Robert Akers Manufacturing Committee

WV legislators OK CO2 injection well bill for DEP | Legislative Session

The West Virginia House of Delegates Energy and Manufacturing Committee advanced legislation in House Bill 5045 designed to help the Department of Environmental Protection obtain primacy over underground carbon dioxide injection wells. The DEPs pursuit of primacy over the federal Class VI program has divided environmentalists who say the agency isnt prepared for the responsibility and carbon sequestration and blue hydrogen proponents who say it would ease permitting and foster economic growth ...
United States West Virginia New Mexico Robert Akers Scott Mandirola Appalachian Regional Clean Hydrogen Hub

WV senators to work on gas and oil royalties bill |

A subpanel of members of the West Virginia Senate Energy, Industry and Mining Committee will work with stakeholders on a bill targeting nonpayment of gas and oil royalties. The bill, Senate Bill 235, would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells.
United States West Virginia Philip Reale Eric Nelson Jr Ben Queen Mike Caputo

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WV senators to work on gas and oil royalties bill | Legislative Session

A subpanel of members of the West Virginia Senate Energy, Industry and Mining Committee will work with stakeholders on a bill targeting nonpayment of gas and oil royalties. The bill, Senate Bill 235, would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells.
United States West Virginia Eric Nelson Jr Mike Caputo Randy Smith Robert Akers

WV House panel: Don't pay oil/mineral royalties, get fined | Energy and Environment

The state House Energy and Manufacturing Committee on, on Jan. 16, 2024, approved House Bill 4292, which would set a penalty for nonpayment of royalties under oil and natural gas leases during production from conventional vertical wells, making drillers liable for three times the market value of the extracted minerals for which payment is due.
West Virginia United States Robert Akers House Judiciary Committee Energy Information Administration Manufacturing Committee

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