Post by Logan on Feb 28, 2016 3:06:51 GMT -6
RICHMOND — The bid to extend Virginia’s coal tax credit has once again cleared the General Assembly and is on its way to the governor’s desk.
Lawmakers continued to tweak the extension bill over the past week as supporters worked to shore up the bipartisan alliance needed to ensure the contested measure makes it into law.
The House of Delegates moved to slightly lower a proposed cap on one of the two industry tax credits from $7.5 million per year to $7.3 million per year.
Del. Terry Kilgore, R-Scott, said the change was made to try to build up consensus with the other side of the aisle.
The amended bill passed its final vote Friday and held onto its veto-proof majority — setting up a potential conundrum for Gov. Terry McAuliffe.
Read more: www.roanoke.com/news/politics/general_assembly/bill-to-extend-coal-tax-credit-reaches-governor-s-desk/article_169fdf42-bc40-5601-8ab7-66d911717e09.html
Lawmakers continued to tweak the extension bill over the past week as supporters worked to shore up the bipartisan alliance needed to ensure the contested measure makes it into law.
The House of Delegates moved to slightly lower a proposed cap on one of the two industry tax credits from $7.5 million per year to $7.3 million per year.
Del. Terry Kilgore, R-Scott, said the change was made to try to build up consensus with the other side of the aisle.
The amended bill passed its final vote Friday and held onto its veto-proof majority — setting up a potential conundrum for Gov. Terry McAuliffe.
Read more: www.roanoke.com/news/politics/general_assembly/bill-to-extend-coal-tax-credit-reaches-governor-s-desk/article_169fdf42-bc40-5601-8ab7-66d911717e09.html