Relating to reducing the tax rate imposed on the gross value of metallurgical coal produced in this state

Summary

The bill lowers the state’s percentage tax on the gross value of metallurgical coal produced in West Virginia. Coal producers will pay 4.5% for the 2026‑27 tax year, 4% for 2027‑28, and 3.5% thereafter, instead of the current 5% rate. The change is intended to ease the tax burden on the metallurgical coal industry.

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