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The West Virginia Future Fund is a permanent trust fund which began operations in March 2014. It was established via the passage of SB 461 and SJR 14 to make the fund constitutionally protected under West Virginia law. Funding comes from a 25% natural gas and oil severance tax.
States usually calculate the tax based on the value and/or volume produced; sometimes the method differs for oil, natural gas, and condensates. [4] [5] Production from certain wells may be exempt from severance tax based on the amount of production (i.e. "stripper" wells) or the type of well (i.e. horizontal, tertiary, deep, etc). [5]
Severance tax; 0–9. 2008 Colorado Amendment 58; C. Severance tax legislative history in California; Commonwealth Edison Co. v. Montana; ... West Virginia Future Fund
Part of the reason investors fled the stock market in 2022 was over fears of a potential recession in 2023. With inflation reaching multi-decade highs and the Fed aggressively raising interest ...
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Coal Severance Tax Trust Fund & Public School Trust 1.2: June 2016 [13] Fossil fuels / Public lands See also. List of countries by sovereign wealth funds;
Kanye West's former assistant is suing, accusing him of drugging and sexually assaulting her at a studio session co-hosted by the rapper and Sean "Diddy" Combs.. Lauren Pisciotta, who worked for ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
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