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Senate committee removes sunset on coal‑washing tax deduction, advancing SB 333
Summary
The Senate Energy Committee voted to advance Senate Bill 333, which removes the sunset on a coal‑washing deduction that allows mines to deduct coal‑washing costs from the contract sales price used to compute severance taxes. Proponents said the change helps local mines and boosts state severance tax revenue; no opponents testified.
The Montana Senate Energy and Telecommunications Committee advanced Senate Bill 333 on a unanimous voice vote after proponents, including the bill sponsor and industry representatives, urged lawmakers to repeal the deduction's sunset.
Sen. Barry Usher, sponsor of SB 333, told the committee the bill "repeals the sunset on [the] coal washing tax credit that was first enacted in 02/2009," and said the measure will help "maximize coal severance tax revenue and ... help keep one of our mines going strong." The bill would let mines continue to deduct the cost of coal washing from the…
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