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Franchot Supports Coal Association’s Battle for Credit Again in 2015

January 26th, 2015 by WCBC Radio

Maryland Coal Association President Adrienne Ottaviani is becoming used to annual battles over the state’s mined coal tax credit- and she is prepared for another fight during the 2015 session of the General Assembly, which opened two weeks ago. A bill to repeal the credit has been filed in each of the past few years, and there is a possibility it will be filed again this session. Local lawmakers say the credit is an important incentive for the local industry and the effect of the law, currently set to expire in 2021, is to encourage purchase of Maryland coal by Maryland companies. One of western Marylander’s biggest boosters in fighting the yearly battle has been Comptroller Peter Franchot who is prepared to go to war again if necessary:


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