The Intelligencer: House Passes Revenue Bill that Includes Historic Tax Credit

WV-Budget-22-1100x733

West Virginia Delegate Pat McGeehan, R-Hancock, delivers a speech about the historic tax credit Friday on the House floor. Photo by Perry Bennett / WV Legislative Photography.

By Joselyn King / The Intelligencer

WHEELING — The West Virginia House of Delegates passed its version of a revenue bill Friday on what was the sixth day of a special legislative session in Charleston called for setting the state’s 2018 budget.

Despite a long agenda of proposed amendments, House Bill 107 was approved with few changes from the measure passed Thursday by the House Finance Committee. It would maintain West Virginia’s consumer sales tax at 6 percent, but would eliminate sales tax exemptions on cellphone services. It also would make no changes to the state’s coal and gas severance tax rates, but would gradually eliminate all taxation of Social Security within the next three years.

Read the full story, including more about the historic tax credit, at theintelligencer.net.

One thought on “The Intelligencer: House Passes Revenue Bill that Includes Historic Tax Credit

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s