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Rep. DiGirolamo Introduces 4.9 Percent Natural Gas Severance Tax Proposal

Rep. Gene DiGirolamo (R-Bucks) Thursday introduced House Bill 2358 (DiGirolamo-R-Bucks) providing for the imposition of a 4.9 percent natural gas severance tax to replace the drilling impact fees-- sponsor summary.

The bill would allocate 40 percent of revenues to replace impact fee revenues now going to local governments.

The remaining 60 percent would be allocated to these programs--

-- Basic education                                                       40%

-- Environmental Stewardship Fund (Growing Greener) 10%

-- Investment in State Parks & State Forests                     10%

-- Solar energy-Pennsylvania Sunshine Program                  4%

-- Drug and Alcohol Programs                                         8%

-- Adults with Special Needs                                           8%

-- Behavioral Health                                                     5%

-- Human Services Development Fund                              5%

-- Homeowners’ Emergency Mortgage Assistance                 3%

-- Rape and Domestic Violence Programs                           2%

-- Veterans Homes                                                       2%

-- Industry Partnerships                                                 3%

The bill was referred to the House Environmental Resources and Energy Committee. Click Here for a summary of other severance tax proposals now in the Senate and House.

NewsClips:

Big Oil, Gas Groups Warn Pennsylvania On Taxes

Corbett Issues Budget Ultimatum To  Legislature

Corbett Not Ruling Out Severance Tax

Corbett Won’t Rule Out Severance Tax

Corbett Grapples With Economics, Politics Of Budget Deficit

Corbett’s Tattered No Tax Pledge Could Be Finally Shredded

Lawmakers Preparing For July Budget Vote

No Surprises Here, State Budget Picture Is Bad

State Budget Remains Just Theoretical

Budget Secretary Warns New Taxes May Be Required For Budget

Legislature Sitting On $154 Million Surplus

Philly Area Counties’ Shale Impact Fees Up 15.5 Percent

Counties Receive Millions In Marcellus Shale Fees

Editorial: Extraction Tax On Natural Gas To Narrow Budget Shortfall

Editorial: PA Budget, Susquehanna Sausage

Corbett Appeals Order To Release State Parks, Forest Drilling Documents

What Can Drillers Do With New State Forest Leases?


6/23/2014

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