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Lawmakers hope for ‘future fund’ after North Dakota trip

Posted on 23 August 2013

West Virginia legislators from both parties say they are hopeful about the prospects of setting up a “future fund” based on oil and gas revenues, after spending Thursday in meetings in North Dakota learning how that state’s legislature went about setting up a similar fund.
Senate President Jeff Kessler, D-Marshall, who spearheaded the trip of 19 legislators, said that he fully expects to propose legislation that would use oil and gas severance taxes to create a permanent fund for infrastructure, economic development or future tax relief………………………………………..Full Article: Source


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