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HB 4464 creates an Underground Facilities Damage Prevention Board to enforce rules preventing damage to underground infrastructure like gas pipelines, water mains, and telecom lines during excavation work. It defines key terms (such as "damage," "excavator," and "underground facility") and requires excavators to notify operators before digging. The bill specifies that civil penalties collected by the Board for violations must stay with the Board for its operations, rather than returning to the state general fund. This directly affects contractors, utility operators, and anyone performing excavation work in West Virginia.
SB 592 creates a tax credit program for West Virginia short line railroads and related infrastructure. It provides a 50% tax credit on qualified maintenance costs (capped at $5,000 per mile of track) and new infrastructure investments (capped at $2 million per project, with a $5 million annual limit). Eligible taxpayers include Class II/III railroads operating in West Virginia and owners/lessees of rail sidings or industrial spurs. Credits can be carried forward for up to five years or transferred to other taxpayers via written agreement. The bill directly supports rail infrastructure modernization by reducing costs for qualifying rail operators.