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Committee reconsiders and passes amended tax measure after two amendments, 12–9
Summary
The House Taxation Committee reconsidered House Bill 326, adopted amendments removing proposed coal severance tax reductions and adding a new 2% levy on electricity sales for new contracts, and passed the bill as twice amended on a 12–9 roll call.
During executive action the House Taxation Committee voted to reconsider prior tabling and then moved on House Bill 326. The committee adopted amendments that removed language reducing the coal severance tax and instead applied a 2% tax provision on the sale price of electricity by certain electrical energy producers for new contracts, per sponsor description.
Committee discussion…
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