Sunday, March 13, 2011

Legislative Session Ends With Passage Of Ethane Cracking Incentive Bill; Regulatory Bill Fails

The West Virginia Legislature concluded its 60-day regular session last evening after completing action on one of two bills related to Marcellus production in the state. Lawmakers passed a measure (S.B. 465) that will provide tax incentives for the location of a ethane "cracking" plant in the state. Lawmakers failed to come to agreement on legislation (Com. Sub. for S.B. 424) that would have imposed new drilling and hydraulic fracturing regulations, expanded surface owner rights and increased drilling permit fees.

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