Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Committee approves three-year phased payment to legacy fund in amended House Bill 12-79
Summary
An amendment to House Bill 12-79 requires coal-conversion tax payers to remit 50% of liability from June 30, 2026, through June 30, 2029, with the amount directed to the legacy fund; the committee gave the bill a due pass as amended.
The Finance and Taxation Committee approved an amendment to House Bill 12-79 that phases coal-conversion tax payments into the legacy fund and then gave the bill a due pass as amended.
Under the amendment, the coal industry would pay 50% of its coal-conversion tax liability between June 30, 2026, and June 30, 2029. After that three-year period the exemption would end and industry would be…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
