HB3142 SFA #1 Ihlenfeld 3-8

Skinner  7816

Senator Ihlenfeld moved to amend the bill on page two, section three, lines thirty-six through forty-three, by striking all of subdivision (1), and inserting a new subdivision, designated (1) to read as follows:

 (1) For coal mined by underground methods from seams with an average thickness of 37 inches to 45 inches, the tax imposed in subsection (a) of this section shall be two percent of the gross value of the coal produced: Provided, That effective July 1, 2019, the tax rate imposed by this subsection on coal mined by underground methods from seams with an average thickness of thirty-seven inches to forty-five inches shall be three percent of the gross value of the coal produced: Provided, however, That effective July 1, 2020, the tax rate imposed by this subsection on coal mined by underground methods from seams with an average thickness of thirty-seven inches to forty-five inches shall be four percent of the gross value of the coal produced: Provided, further, That effective July 1, 2021, the tax rate imposed by this subsection on coal mined by underground methods from seams with an average thickness of thirty-seven inches to forty-five inches shall be five percent of the gross value of the coal produced. For coal mined by underground methods from seams with an average thickness of less than 37 inches, the tax imposed in subsection (a) of this section shall be one percent of the gross value of the coal produced: Provided, That effective July 1, 2019, the tax rate imposed by this subsection on coal mined by underground methods from seams with an average thickness of less than thirty-seven inches shall be three percent of the gross value of the coal produced: Provided, however, That effective July 1, 2020, the tax rate imposed by this subsection on coal mined by underground methods from seams with an average thickness of less thirty-seven inches shall be four percent of the gross value of the coal produced: Provided, however, That effective July 1, 2021 the tax rate imposed by this subsection on coal mined by underground methods from seams with an average thickness of less than thirty-seven inches shall be five percent of the gross value of the coal produced. Gross value is determined from the sale of the mined coal by the producer. This rate of tax includes the thirty-five one hundredths of one percent additional severance tax imposed by the state for the benefit of counties and municipalities as provided in §11-13A-6 of this code.

Adopted

Rejected