WV Legislature Advances Bill Granting Tax Credit for NGL Storage

| | | |

Two weeks ago MDN told you about two bills important to the oil and gas industry in West Virginia that are quickly advancing through the state’s current 60-day legislative session (see WV House Advances 2 O&G Bills: Orphan Wells & Faster Permits). You may now add a third bill to the list–one previously not on our radar. House Bill (HB) 4421, called the “Natural Gas Liquids Economic Development Act,” is aimed at providing a tax credit to those who would store or transport natural gas liquids (NGLs).

Please Login to view this content. (Not a member? Join Today!)
You do not have permission to view the comments.