- Associated Press - Friday, March 17, 2017

RICHMOND, Va. (AP) - Virginia Gov. Terry McAuliffe has blocked Republican efforts to reinstate a tax credit aimed at helping the coal industry.

The governor, a Democrat, said Friday he was vetoing legislation to reinstate coal tax credits because they’d proven ineffective at increasing coal mining jobs.

Republican supporters of the measure said it was necessary to help southwest Virginia’s hard-hit coal industry. But McAuliffe and environmental groups say the credits don’t work as intended. The governor has vetoed similar legislation before.

McAuliffe said that between 1988 and 2015, coal-related companies claimed more than $637 million in tax credits while the number of coal miners dropped from more than 11,000 to about 2,500.

Copyright © 2018 The Washington Times, LLC.

The Washington Times Comment Policy

The Washington Times welcomes your comments on Spot.im, our third-party provider. Please read our Comment Policy before commenting.


Click to Read More and View Comments

Click to Hide