Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Fayette | Henderson | Lakes | McCracken | Warren | Webster
Davis Motor Sales banner ad

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...

Murray-Calloway County Hospital Concludes Mind, Body and Soul Challenge

MURRAY, Ky. (4/18/14) — Sgt. David Howe of the Murray Police Department was the grand prize winner of the Mind, Body… Read More

Warrant Amnesty Period in Trigg County

CADIZ, Ky. (4/17/14) — The Cadiz Police Department is working with the Trigg County District and Circuit Courts for the… Read More

Most Read This Week (Site-Wide)

April 16, 2014 19395

UPDATE- Sheriff's Office Following Leads…

in Top Stories by Taylor Riley, SurfKY News Reporter
April 17, 2014 4356

KSP Nabs St. Charles Man Wanted by U.S.…

in Top Stories by Trooper Stu Recke
April 15, 2014 3167

Police Searching for Sureway's 'Baby…

in Top Stories by Taylor Riley, SurfKY News Reporter
April 16, 2014 3112

Sheriff's Deputies Nab Central City…

in Top Stories by Sheriff Curtis McGehee
April 15, 2014 2802

Multi-Agency Investigation Leads to Drug…

in Top Stories by Lori Blakeley

Most Read Stories from Hopkins County

April 17, 2014 4356

KSP Nabs St. Charles Man Wanted by U.S.…

in Top Stories by Trooper Stu Recke
April 15, 2014 3167

Police Searching for Sureway's 'Baby…

in Top Stories by Taylor Riley, SurfKY News Reporter
April 15, 2014 2802

Multi-Agency Investigation Leads to Drug…

in Top Stories by Lori Blakeley
April 15, 2014 1087

State Approves $500K for Hopkins Archery…

in Top Stories by Rebecca Hanchett
April 18, 2014 1084

Talking Teen Trashed Telephone Pole,…

in Top Stories by MPD

Most Read Stories from Owensboro

April 15, 2014 1771

Owensboro Police Investigate Auto Accident

in News by Michael Hathaway
April 15, 2014 1403

Owensboro Parks Offers Tennis Lessons

in News by Britni Bunn
April 15, 2014 1065

Happenings and Meetings Owensboro

in News by Dennis Beard, SurfKY News
April 16, 2014 890

New Home Health Care Opens in Owensboro

in News by Dennis Beard, SurfKY News
April 15, 2014 851

OPD’s Annual 5K Run and Police Awareness…

in News by Owensboro Police Department

Most Read Stories from Muhlenberg County

April 16, 2014 3112

Sheriff's Deputies Nab Central City…

in Top Stories by Sheriff Curtis McGehee
April 15, 2014 2087

'Walk Right Back' An Everly Brother's…

in Top Stories by Paul McRee, SurfKY News Reporter
April 15, 2014 1935

Local MCHS Students Train at Job Corps

in Top Stories by Karen Robinson
April 15, 2014 1590

Thumbpickers Unite at Mose Rager Day

in Top Stories by Paul McRee, SurfKY News Reporter
April 16, 2014 1242

South Carrollton Woman Injured in Head-on…

in Top Stories by Trooper Stu Recke

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 06social 21social 22social 04social 03