Kessler is still crafting his Future Fund proposal for the 2014 legislative session that opens in January. He said he's leaning toward presenting it as a proposed constitutional amendment. His call for a trust fund would go on next year's ballot for voters to decide if it clears the Legislature.His proposed endowment would be built with a portion of oil and natural gas severance tax collections. Severance taxes, including those on coal and other natural resources, are a big part of the state budget. They contributed an estimated $462 million, or 11 percent, to total general tax revenues in the fiscal year that ended in June.
After Coal, W.Va. Push For Natural Gas Trust Fund
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