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The West Virginia House of Delegates Transportation and Infrastructure Committee approved a bill, House Bill 4722, that would allow coal companies to claim tax credits to reduce their severance tax liability. The bill would allow severance taxpayers to receive tax credits for expenses on projects approved by the state Department of Transportation.
The West Virginia Department of Transportation's Division of Highways has been without a statewide road salt contract since October, meaning it's been without a contract throughout the winter season. The agency said it's expediting an award for contract after vendors didn't meet contract requirements after it was advertised for bid this past summer.
A group of West Virginia lawmakers approved a bill, House Bill 4535, that would change the state Tax Department's methodology for evaluating coal properties. The property tax-focused bill, advanced by the House Economic Development and Tourism Committee, is expected to make tax income streams for county and local governments less certain.