Delegate Ben Queen says Historic Tax Credit will Aid Clarksburg with Downtown Projects

By Local News | October 29, 2017
By Brad McElhinny.  Both houses of the state Legislature today passed a bill allowing certain tax information to be shared between the state Tax Department and designated employees of the state Division of Highways.
The House of Delegates approved an amendment offered by Delegate Michael Folk, R-Berkeley, strengthening the bill to say the information shall be shared between the agencies, rather than making it optional. So the whole bill will have to go back to the Senate to approve or disprove the latest version of the bill.
Senators suspended rules and passed the bill in three straight readings during special session two weeks ago. The bill passed with 31 yeas, 0 nays and 3 absent.
The House later in the afternoon also suspended rules and passed the bill with 94 ayes, 0 nayes and 5 absent.
The bill is one of a set of measures touted by Gov. Jim Justice to ensure proper handling of highways contracts and taxes coming out of statewide passage of a $1.6 billion road bond. This was the first bill to be passed by either house during the session, which began at noon Monday.
Justice said this bill is necessary to make sure the Highway department is aware and may act if contractors on winning highways bids are not up to speed on their tax obligations.
CLICK HERE to read the rest of the story as well as the Historic Tax Credit legislation.

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