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UPDATE: Boone & Logan Counties to Receive Most from Coal Severance Bill

CHARLESTON, W.Va. (WSAZ & AP) -- In a report released Wednesday by the Associated Press, Boone County will receive the most money from the coal severance reallocations.

The bill, signed by Governor Earl Ray Tomblin Monday, will increase coal severance tax revenue by 1percent per year for the next five years.

The counties who do the most coal mining will get the most money.

The AP reports that Boone County is projected to receive about $3.3 million by 2017.

Marshall County is expected to receive about $2.5 million by the end of the five-year phase-in.

Logan County is third on the list, projected to receive about $2.3 million by the end of that period.

http://www.wsaz.com/huntington/headlines/WVa_Governor_Signs_Tax_to_Help_Coal_Mining_Counties_128256018.html