Their Take: Virginia Lawmakers Vote to Give Coal Tax Financial savings to UVa-Clever | Discover
In medication, the rule (typically wrongly attributed to Hippocrates) is “first, do no hurt”.
In politics, the equal of that is “do not waste first”. Or generally one thing extra colourful.
This rule applies quite a bit immediately because the Virginia Normal Meeting meets in its (typically misnamed) annual veto session. The legislature has no vetoes from Gov. Ralph Northam to override it, however should cope with a stack of payments that he returned with amendments.
The one that can get essentially the most consideration is the invoice to legalize marijuana, the place he desires to hurry up this legalization till July 1. The one which issues us essentially the most is the modification he desires to connect to the Invoice Abolishing Coal Tax Credit, an modification that recommends that state financial savings be directed to the School of the College of Virginie to Clever “for the enlargement in fact choices in information science, laptop science, cybersecurity and renewable vitality”.
That is the place that outdated Greek medical recommendation applies: Lawmakers, please do not mess this up.
We speak to Republicans first, each those that symbolize coal counties and people who do not.
We all know you do not suppose the coal tax credit score ought to be abolished in any respect; the invoice was handed by the Normal Meeting on almost each get together line vote. (State Senator Emmett Hanger, R-Augusta, was the one Republican to vote for). However this query has been determined. Coal tax credit might be repealed whether or not you suppose it’s a good suggestion or not. The query is whether or not the coal counties are getting something in return. The unique invoice provided nothing greater than a research of the area’s financial wants – hardly truthful commerce. The Northam modification gives one thing. It isn’t as sturdy a dedication as we want; we want there was a solution to dedicate this supply of revenue. But the Northam Modification at the least offers an ethical information which signifies that future legislatures might be criticized in the event that they deviate from it (we will assure that half, by the best way). It is not a trivial sum of money both – $ 300,000 per 12 months at first, however then soar to $ 6.5 million per 12 months in FY 2026.