The West Virginia House of Delegates Finance Committee approved a bill, House Bill 4971, which would limit property tax on critical materials, a designation for minerals the United States Department of Energy has deemed essential to energy technology but prone to supply chain disruption. HB 4971 would provide that property tax assessments of critical materials manufacturing equipment would be its salvage value, defined as up to 5% of its fair market value.
CHARLESTON — The House of Delegates Finance Committee on Monday advanced a bill that would fund hundreds of millions of dollars in tax incentives for a battery manufacturing plant in
West Virginia receiving money from infrastructure law for plugging wells wvmetronews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wvmetronews.com Daily Mail and Mail on Sunday newspapers.