Bill advances to make coal sector eligible for incentives - WPSD Local 6: Your news, weather, and sports authority

Bill advances to make coal sector eligible for incentives

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FRANKFORT, Ky. (AP) -

The Kentucky House has passed a bill that would make the hard-hit coal industry eligible for state economic incentives.
    
House Majority Floor Leader Rocky Adkins said Friday the measure would "right a wrong" by letting coal companies seek the same economic incentives already available for other businesses and industries.
    
The measure cleared the House on an 89-0 vote and now goes to the Senate.
    
Adkins, a Sandy Hook Democrat, says the bill wouldn't singlehandedly lead to a turnaround in the coalfields. But he says it would make the incentives available to coal operators when there is a comeback.
    
If the bill becomes law, coal mining or processing companies would be able to seek approval for various tax incentives rewarding job creation and investment.

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