Post by Logan on Feb 14, 2016 3:08:09 GMT -6
RICHMOND — The political impasse over Virginia’s coalfield tax credit continues as the program draws closer to a crucial deadline.
The state’s coal employment tax credit — which cost the state an estimated $28.4 million last year
— is due to sunset at the end of December.
Southwest Virginia lawmakers are again pushing to reset that clock and extend the program by three to five years.
But Gov. Terry McAuliffe, who vetoed extension bills last year, is renewing his concerns about the program.
Read more: www.roanoke.com/news/politics/mcauliffe-lawmakers-argue-over-coal-tax-credits/article_1f87ea57-77d3-5671-9918-f8554ff908ea.html
The state’s coal employment tax credit — which cost the state an estimated $28.4 million last year
— is due to sunset at the end of December.
Southwest Virginia lawmakers are again pushing to reset that clock and extend the program by three to five years.
But Gov. Terry McAuliffe, who vetoed extension bills last year, is renewing his concerns about the program.
Read more: www.roanoke.com/news/politics/mcauliffe-lawmakers-argue-over-coal-tax-credits/article_1f87ea57-77d3-5671-9918-f8554ff908ea.html