Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Fayette | Henderson | Lakes | McCracken | Warren | Webster

Reps. Steele, Combs pre-file Bill to let Coal Counties keep all Severance Money

coalmine 300FRANKFORT, Ky. (7/11/13) – State Representatives Fitz Steele and Leslie Combs pre-filed legislation today that would return all coal-severance tax dollars to the counties that actually produce the coal.
 
“Just this week, we saw where these taxes dropped more than a fifth during last fiscal year, and with the president’s announcement a few weeks ago that even more coal-killing regulations are on the way, this figure is all but guaranteed to drop even more,” said Rep. Steele, D-Hazard, the bill’s principle sponsor. “Our coal counties are hurting, and if they are going to survive, they need this money. They’ve certainly earned it.”
 
“While no one is questioning the value of the many programs funded by coal-severance dollars, the truth is that by the time the coal counties get their share, the flow of money has dwindled to a trickle,” said Rep. Combs, D-Pikeville, the prime co-sponsor. “While we hope otherwise, it appears that we’re entering a new age when it comes to coal, and we need all of this revenue to help us make that transition.”
 
Both legislators were the sole sponsors of a similar bill during this year’s legislative session, but said that it will be more relevant next year, when the General Assembly adopts the state’s two-year budget.
 
 According to budget officials, coal severance revenue declined from $298.3 million in the 2012 fiscal year to $230.5 million in 2013 – a 22.7 percent decline.
 
Under current law, several programs are funded “off the top,” and what remains is then split equally between the state and the coal counties. A complex formula then dictates how the local portion is budgeted for individual coal counties and many other programs.
 
“The coal counties have more than paid their fair share over the 40 years of the coal-severance program, so the time has come to tip that balance the other way,” Rep. Steele said. “No one can question the need, and we have the vision on what should be done. All we need is a way to pay for it, and Leslie’s and my bill provides the way. It’s time has come.”
 
The General Assembly will consider the legislation during the 2014 Regular Session, which begins in January. Here is a link to the pre-filed bill: http://www.lrc.ky.gov/record/14rs/HB15.htm
 
SurfKY News
Information provided by Brian Wilkerson

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

In Other News...

Heat Doesn't Slow Down Gospelfest 2014

CENTRAL CITY, Ky. (8/28/14) — The triple digit heat index at Wednesday's Gospelfest 2014 was enough to send at least… Read More

KSP Will Focus on Impaired Driving During Labor Day Holiday Weekend

HENDERSON, Ky. (8/29/14) — The Kentucky State Police Post 16-Henderson wants to remind motorists to celebrate this… Read More

Most Read This Week (Site-Wide)

August 25, 2014 5058

Flooded Central City Church's Seven Day…

in Top Stories by Paul McRee, SurfKY News
August 25, 2014 4460

14-Year-Old Suffers Gunshot Wound; Air…

in Top Stories by Ami Clayton, SurfKY News
August 25, 2014 4386

Camper Stolen in Utica Recovered in…

in Top Stories by Martha Clark
August 25, 2014 3979

44th Mount Saint Joseph Picnic is Sunday,…

in News by Jennifer Kaminski
August 25, 2014 3894

Daviess County Health Department…

in News by Dennis Beard, SurfKY News

Most Read Stories from Hopkins County

August 25, 2014 4460

14-Year-Old Suffers Gunshot Wound; Air…

in Top Stories by Ami Clayton, SurfKY News
August 25, 2014 2544

Two Injured in Two-Vehicle Collision Near…

in Top Stories by Trooper Stu Recke
August 25, 2014 2449

Former Co-Workers Trying to Raise Money…

in Top Stories by Rita Dukes Smith, SurfKY News Director
August 26, 2014 1970

Two People Injured When Vehicle Overturns…

in Top Stories by Matt Sanderson
August 27, 2014 1342

Crime Stoppers Top Most Wanted - August…

in Top Stories by Crime Stoppers

Most Read Stories from Owensboro

August 25, 2014 3979

44th Mount Saint Joseph Picnic is Sunday,…

in News by Jennifer Kaminski
August 25, 2014 3894

Daviess County Health Department…

in News by Dennis Beard, SurfKY News
August 25, 2014 3774

GRADD Seeking Ombudsman Program Volunteers

in News by Woody Maglinger
August 26, 2014 3478

Owensboro Board of Commissioners…

in News by Beth Cecil
August 26, 2014 3032

City Street Closures on Strawbridge and…

in News by Abby Shelton

Most Read Stories from Muhlenberg County

August 25, 2014 5058

Flooded Central City Church's Seven Day…

in Top Stories by Paul McRee, SurfKY News
August 25, 2014 4386

Camper Stolen in Utica Recovered in…

in Top Stories by Martha Clark
August 25, 2014 3707

Job Corp Celebrates 50th Anniversary

in Top Stories by Charles W. Riley II, SurfKY News
August 25, 2014 3602

Mustangs Marching Classic

in Top Stories by Charles W. Riley II, SurfKY News
August 26, 2014 3217

Family Has Close Call with Tornado

in Top Stories by Paul McRee, SurfKY News

SurfKY News Group, Inc. Central Office & Printing Division
1125 Nebo Rd.  •  Madisonville, KY 42431  •  270.452.2249 (fax)
Main Number: 270.452.2727 (phone)  •  Printing Division Direct Line: 270.821.8600 (phone)

SurfKY Owensboro News Bureau
920 Frederica St. / Suite 210  •  Owensboro, KY 42301  •  270.683-8060 (phone)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social 03social 04social 22social 21social 06