HB 892/FN (BR 2409) - G. Stumbo
AN ACT relating to coal taxes.
Amend KRS 143.010 to define above-drainage seams, below-drainage seams, and mining ratio; create a new section of KRS Chapter 143 to provide a nonrefundable tax credit against the coal severance tax for coal mined from thin seams or with a high mining ratio; make credit vary between 1.5% and 3.75% of the gross value of mined coal, depending on coal thickness, mining ratio, and sulfur content.
HB 892 - AMENDMENTS
HCA (1, R. Adkins) - Apply only to new permitted production; for above-drainage seams, apply to coal below 30 inches thick rather than 36 inches; delete credit for surface mining.
Feb 28-introduced in House
Feb 29-to Appropriations and Revenue (H)
Mar 3-posted in committee
Mar 9-reported favorably, 1st reading, to Calendar
Mar 10-2nd reading, to Rules; recommitted to Appropriations and Revenue (H)
Mar 14-reported favorably, to Rules with committee amendment (1) ; posted for passage in the Regular Orders of the Day for Wednesday, March 15, 2000
Mar 15-3rd reading, passed 94-1 with committee amendment (1)
Mar 16-received in Senate
Mar 21-to Appropriations and Revenue (S)
Mar 24-reported favorably, 1st reading, to Calendar
Mar 27-2nd reading, to Rules
Mar 29-posted for passage in the Regular Orders of the Day; 3rd reading, passed 33-0
Apr 11-received in House; enrolled, signed by each presiding officer, delivered to Governor
Apr 21-signed by Governor (Acts ch. 478)
