image description

Commissioners To Send Letter Opposing Repeal Of Coal Tax Credit

February 4th, 2013 by WCBC Radio

The Allegany County Commissioners will send a strongly worded letter to Sheila Hixson, the chair of the powerful House Ways and Means Committee, urging her to oppose an attempt to kill the state’s coal tax credit. Commissioners voted to send the letter during Thursday’s regular business meeting. The letter included a plea to consider the environmental implications of ending the tax credit, since the practice helps support reclamation of abandoned mines; as well as the threat the repeal would pose to the regions economy.  Public service companies and a few other designated companies receive a $3-per-ton credit for purchasing Maryland-produced coal. The effect of the law, currently set to expire in 2021, is to encourage purchase of Maryland coal by Maryland companies. Commissioner Bill Valentine said that unfortunately, the delegate sponsoring the bill- Republican Herb McMillan of Anne Arundel County- doesn’t completely understand how western Maryland would be impacted…





 

Leave a Reply

 



View Mobile Site