Source: http://www.wvlegislature.gov/Bill_Status/bills_text.cfm?billdoc=hb2829%20ENR.htm&yr=2019&sesstype=RS&i=2829
Timestamp: 2020-01-17 21:38:49
Document Index: 559668973

Matched Legal Cases: ['§11', '§11', '§11', '§11', '§11', '§11', '§11', '§11', '§11', '§11', '§11']

Enrolled Version - Final Version House Bill 2829 History
By Delegates Nelson, Householder, Shott, Ellington, Atkinson, Jennings, Sypolt, Hartman, Campbell, Cooper and Cowles
[Passed March 1, 2019; in effect ninety days from passage.]
AN ACT to amend and reenact §11-13A-3 of the Code of West Virginia, 1931, as amended, relating to termination and expiration of the taxes imposed upon persons exercising the privilege of engaging or continuing within this state in the business of severing, extracting, reducing to possession and producing for sale, profit or commercial use limestone or sandstone on and after July 1, 2019.
§11-13A-3. Imposition of tax on privilege of severing coal; reduction of severance rate for coal mined by underground methods based on seam thickness; termination of severance tax on healthcare services; termination of severance taxes on limestone and sandstone.
(b) Rate and measure of tax. — Subject to the provisions of §11-13A-3(g) of this code, the tax imposed in §11-13A-3(a) of this code shall be five percent of the gross value of the natural resource produced or the health care service provided, as shown by the gross income derived from the sale or furnishing thereof by the producer or the provider of the health care service, except as otherwise provided in this article. In the case of coal, this five percent rate of tax includes the thirty-five one hundredths of one percent additional severance tax on coal imposed by the state for the benefit of counties and municipalities as provided in §11-13A-6 of this code.
(d) Tax in addition to other taxes. — The tax imposed by this section shall apply to all persons severing or processing, or both severing and processing, in this state natural resources enumerated in §11-13A-3(a) of this code and to all persons providing certain health care services in this state as enumerated in §11-13A-3(c) of this code and shall be in addition to all other taxes imposed by law.
(f) Reduction of severance tax rate. — For tax years beginning after the effective date of this subsection, any person exercising the privilege of engaging within this state in the business of severing coal for the purposes provided in §11-13A-3(a) of this code shall be allowed a reduced rate of tax on coal mined by underground methods in accordance with the following:
(1) For coal mined by underground methods from seams with an average thickness of 37 inches to 45 inches, the tax imposed in §11-13A-3(a) of this code shall be two percent of the gross value of the coal produced. For coal mined by underground methods from seams with an average thickness of less than 37 inches, the tax imposed in §11-13A-3(a) of this code shall be one percent of the gross value of the coal produced. Gross value is determined from the sale of the mined coal by the producer. This rate of tax includes the thirty-five one hundredths of one percent additional severance tax imposed by the state for the benefit of counties and municipalities as provided in §11-13A-6 of this code.
(h) Termination and expiration of the privilege tax on limestone or sandstone. — The taxes imposed under this section for persons exercising the privilege of engaging or continuing within this state in the business of severing, extracting, reducing to possession and producing for sale, profit or commercial use limestone or sandstone shall cease, terminate and be of no further force or effect on and after July 1, 2019. Termination of the taxes imposed under this section do not relieve any person of any liability or duty to pay tax imposed under this article with respect to privileges exercised before the effective date of the termination.