Wyoming Legislature considers tax breaks for coal gasification and liquefaction plants

Legislation could move into Senate this week

With some of the nation’s largest energy companies already eyeing Wyoming as a possible site for construction of coal gasification and liquefaction plants, some people question the need for proposed legislation that would give firms massive tax breaks on plant construction.

A House bill sponsored by the Joint Minerals, Business and Economic Development Interim Committee calls for giving companies a tax exemption on the sale or purchase of equipment used to construct any of the new, high-tech plants. It’s already cleared two votes in the House, and could move into the Senate as early as this week.

Full Story: http://www.billingsgazette.net/articles/2006/02/20/news/wyoming/30-coal.txt