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Legislature looking to boost state s coal industry

Legislature looking to boost state s coal industry
devilslakejournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devilslakejournal.com Daily Mail and Mail on Sunday newspapers.

Legislature looking to boost state s coal industry

Multiple bills would provide tax breaks or other benefits. Written By: Dylan Sherman / N.D. Newspaper Association Education Foundation | 7:00 am, Apr. 12, 2021 × The Coal Creek Station power plant is seen Wednesday, May 13, 2020, near Underwood, N.D. Great River Energy has announced the plant is slated to close in 2022. Michael Vosburg / Forum Photo Editor BISMARCK The North Dakota Legislature has heard a number of bills that seek to support the established coal industry in the state. The bills have received widespread support from legislators who believe that helping the industry will continue important revenue streams, keep jobs and bolster a strong power grid.

Legislature looking to boost state s coal industry

Legislature looking to boost state s coal industry
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North Dakota Legislature looks to ease taxes on coal industry

North Dakota Legislature looks to ease taxes on coal industry Dylan Sherman House Bill 1412 would remove the coal conversion tax on the lignite industry in North Dakota for five years. BISMARCK Energy is one of the biggest industries in North Dakota, and the Legislature is looking to support the coal industry with House Bill 1412. Rep. Jeff Delzer, R-Underwood, introduced the bill to members of the House Finance and Tax Committee on Feb. 3, and the committee voted unanimously send the bill on to the Appropriations Committee, where Delzer is chairman. It would reduce the current coal conversion tax by 60% and impose a lignite research tax. Lignite is a type of coal that is abundant in North Dakota.

North Dakota Legislature looks to ease taxes on coal industry | News, Sports, Jobs

Feb 9, 2021 BISMARCK – Energy is one of the biggest industries in North Dakota, and the Legislature is looking to support the coal industry with House Bill 1412. Rep. Jeff Delzer, R-Underwood, introduced the bill to members of the House Finance and Tax Committee on Feb. 3, and the committee voted unanimously send the bill on to the Appropriations Committee, where Delzer is chairman. It would reduce the current coal conversion tax by 60% and impose a lignite research tax. Lignite is a type of coal that is abundant in North Dakota. “We cannot afford to ignore the challenges the industry faces,” Delzer said, noting that the industry “has done many improvements” on environmental issues. “We in North Dakota enjoy some of the best air and water quality in the nation and likely the world,” he said.

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