Summary
BECKLEY - Boone County is the biggest winner under a new law that dedicates a share of coal severance tax revenues to coal producing counties in West Virginia.
Starting in July 2012, the state will deposit 1 percent of severance tax revenues into a special account for about 30 coal producing counties. The share will increase annually, a percentage point at a time, until it reaches 5 percent in as many years.See the full content of this document
Extract
Boone to Benefit From Coal Taxes
Counties can draw down funds based on their share of the ...
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