This bill amends the Code of West Virginia to ensure that all coal severance tax proceeds are allocated directly to the county that produced the coal, effective July 1, 2025. The new legal language specifies that the distribution of coal severance tax will be apportioned to the respective coal-producing counties, thereby enhancing the financial benefits for those areas directly involved in coal production.

The bill also maintains existing provisions regarding the management and distribution of the severance tax, including the establishment of a special fund for coal-producing counties and the permissible uses of the funds for economic development and infrastructure projects. However, it eliminates previous phased percentages of tax distribution, consolidating the allocation process to ensure that all proceeds are directed to the counties where the coal was severed.

Statutes affected:
Introduced Version: 11-13A-6a