Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | 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.

button coupons
button classifieds

In Other News...

Holman Leads Owensboro High over Christian County

OWENSBORO, Ky. (12/17/14) — Senior guard Aric Holman scored a game-high 21 points to lead Owensboro High past host… Read More

'Cram the Cruiser' Concludes with Great Success

OWENSBORO, Ky. (12/17/14) — Cram the Cruiser concluded Dec. 16, 2014 and Post 16 has received the largest amount of… Read More

Most Read This Week

December 16, 2014 8909

Coal Miner Fatally Injured in Underground Mining…

in Top News For All Sites by Dick Brown
December 14, 2014 8298

Muhlenberg Pays Homage to U.S. Armed Forces

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
December 12, 2014 7888

Man Allegedly Threatening Medical Staff with…

in Local (Muhlenberg) Top News by Wes Miller
December 17, 2014 5248

Elderly Couple Found Shot to Death in Muhlenberg

in Local (Muhlenberg) Top News by Trooper Stu Recke
December 17, 2014 5069

Three Men Charged with Burglary

in Local (Hopkins) Top News by Madisonville Police Department
December 15, 2014 4682

Hopkins County Woman Charged Second Time in Two…

in Local (Hopkins) Top News by Charles W. Riley II, SurfKY News
December 12, 2014 4586

Man Allegedly Hits Brother with Pickup Truck…

in Local (Muhlenberg) Top News by Wesley Miller
December 15, 2014 4220

Woman Leads Police on High-Speed Chase in Stolen…

in Local (Hopkins) Top News by Madisonville Police
December 12, 2014 3731

Man Accused of Public Intoxication, Stealing…

in Local (Hopkins) Top News by Madisonville Police Department
December 15, 2014 3188

Vehicle Careens down 150 Foot Embankment with…

in Local (Hopkins) Top News by Madisonville Police Department

Stories Trending Today

December 17, 2014 5248

Elderly Couple Found Shot to Death in Muhlenberg

in Local (Muhlenberg) Top News by Trooper Stu Recke
December 17, 2014 5069

Three Men Charged with Burglary

in Local (Hopkins) Top News by Madisonville Police Department
December 17, 2014 1599

Madisonville Police Arrest Reports - Dec. 17, 2014

in Hopkins News by Madisonville Police Department
December 17, 2014 1186

Harney-Led Lady Mustangs Top Ohio County

in Local (Muhlenberg) Top News by Steve LeMaster
December 17, 2014 1146

KSP Charges Grayson County Man with Crimes…

in General News For All Sites by Sherry H. Bray
December 17, 2014 1110

KYTC Announces Winners of 2014 Adopt-a-Highway…

in General News For All Sites by Lisa Tolliver
December 17, 2014 1095

Princeton Road Drug Investigation Results in…

in Local (Hopkins) Top News by Madisonville Police Department
December 17, 2014 1072

Mustangs Earn District Win over Ohio County

in Local (Muhlenberg) Top News by Steve LeMaster
December 17, 2014 835

Change to Holiday Schedule for LBL Administrative…

in Local (Lakes) Top News by Land Between The Lakes
December 17, 2014 727

MFD Summoned to Seminary Street for Garage Fire

in Local (Hopkins) Top News by SurfKY News

SurfKY News Group, Inc.
Corporate Office & Studio
1125 Nebo Rd.  •  Madisonville, KY 42431
270.452.2727 (phone)
  •  270.452.2249 (fax)


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

social fbsocial twsocial yt
social gpsocial flrsocial rss