Virginia’s General Assembly approved plans Wednesday to reinstate coal tax credits.
For years, lawmakers from Virginia’s coalfields region have pushed for the state to renew the tax credits offered to coal mine owners, but this year’s legislation looks drastically different.
The bills introduced by Del. Terry Kilgore, R-Scott, and Sen. Ben Chafin, R-Russell, offer tax credits solely for metallurgical or “met” coal, which is experiencing a resurgence for steel-making in foreign countries.
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The Virginia law firm Gentry Locke is pleased to announce the promotion of Scott A. Stephenson to
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