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In his briefing on Wednesday, Gov. Jim Justice committed to continuing to cut taxes when he assumes his office in the U.S. Senate next year. He pointed to expanding the energy market as the “key to the whole situation” to raise nationwide revenue....
Continue Reading Take Me to More NewsHigher coal and natural gas prices, and higher demand for both generated a severance tax windfall that fattened the state’s budget surplus last year.
Continue Reading Take Me to More NewsFor the 2022 fiscal year, the state had a budget surplus of $1.3 billion. Cabinet Secretary for the Department of Revenue Dave Hardy said he expects to surpass $1.7 billion in budget surpluses for the year.
Continue Reading Take Me to More NewsThe coal it does not consume will not generate severance tax revenue for state and local government.
Continue Reading Take Me to More NewsAccording to an attached fiscal note, the measure would cost the state $22 million in tax revenue each year.
Continue Reading Take Me to More NewsHamilton said Senate Bill 157 could help do that, by funding the Coalfield Community Development Office.
Continue Reading Take Me to More News
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