State of West Virginia Archives: on Corporations
Maintain health & retirement benefits during bankruptcies
Natalie Tennant rallied with West Virginia coal miners and their families this morning, urging Patriot Coal to keep its promises and fully fund health care and retirement benefits. Secretary Tennant is sending a letter to Patriot Coal's Chairman
expressing deep concern over the impact Patriot's bankruptcy proceeding may have on thousands of West Virginia families.
"This is more than an attack on union workers," Secretary Tennant said. "This is an attack on the American worker and on our
American way of life. It's an attempt to take away your health care that was earned on your broken backs, with your black lungs and with the memories of your fellow miners who took their last breath in the coal mines."
Patriot Coal filed for bankruptcy protection on July 9, 2012. On March 14, Patriot formally filed to terminate benefits for about 10,000 retired miners and 12,000 widows and dependents.
Source: W.V. Secretary of State website
Apr 1, 2013
Earl Ray Tomblin:
Relax rules on paying terminated employees within 3 days
Under our law, employers are required to pay employees within 72 hours after leaving or face significant damages and lawsuits. Small businesses do not need the
hassle of re-running payroll every time an employee moves on. Employers should be permitted more flexibility to pay these employees. It's a simple fix--but it's one that will make a big difference to our small businesses.
Source: 2013 State of the State Address to W.V. Legislature
Feb 13, 2013
Earl Ray Tomblin:
Sales tax credit for new business; & tax increment financing
I believe there are steps we can take to make West Virginia more attractive to businesses. We lack a sales tax credit to assist distribution and fulfillment businesses with some up-front costs for expanding or locating in W.V.
I also believe we need to
overhaul our tax increment financing program. This program allows local communities to use future gains in taxes to finance current economic development projects. [We should] refocus our efforts at creating these economic, job-creating districts.
Source: 2011 W.V. State of the State Address
Jan 12, 2011
Joe Manchin III:
Endorsed by U.S. Chamber of Commerce
Manchin noted his endorsements from the National Rifle Association and the U.S. Chamber of Commerce, two largely conservative groups that are backing GOP candidates in nearly every race outside of West Virginia.
Source: Washington Post coverage of 2010 W.V. Senate debate
Oct 18, 2010