Wednesday, March 19, 2014

House Panel Approves Bill to help Coal industry

A House Panel advanced a bill aimed to hep the coal industry.

The bill would allow coal mining or processing companies to seek approval for various tax incentives rewarding job creation and investments.

House Floor Leader Rocky Adkins says the bill aims to help reverse job losses in Kentucky's struggling coalfields.

Under the bill, coal-related companies would apply for the incentives like any other businesses.