As the Senate reviews new Tax Code bill, a House committee advances natural gas severance tax legislation

As the Senate reviews new Tax Code bill, a House committee advances natural gas severance tax legislation

As senators began their review of a late-Tuesday-passed House Tax Code plan Wednesday, the House Finance Committee approved a natural gas severance tax bill, beginning what is likely to be a long and questionable road to that controversial proposal’s potential enactment.

Wednesday, October 18, 2017/Author: Jason Gottesman
House successfully puts up a bipartisan vote on a Tax Code plan

House successfully puts up a bipartisan vote on a Tax Code plan

In a surprise move late Tuesday, House lawmakers moved a compromise Tax Code bill over to the Senate in the hopes of starting the process of wrapping up the budget process.

Tuesday, October 17, 2017/Author: Jason Gottesman
Categories: News and Views
PA budget revenue work slogs on in uncertainty

PA budget revenue work slogs on in uncertainty

The Pennsylvania General Assembly returned to session Monday for the first time since Gov. Tom Wolf announced that he would be taking over operation of the state’s finances in order to ensure that the deficit-riddled Commonwealth can balance its books in the absence of a legislatively-agreed to spending plan being enacted.

Monday, October 16, 2017/Author: Jason Gottesman
Categories: News and Views
House Finance Committee cancels Monday vote on severance tax proposal

House Finance Committee cancels Monday vote on severance tax proposal

While the House Finance Committee had sunshined a Monday vote on a severance tax proposal that would have imposed a 3.2 percent severance tax on natural gas extracts on top of the already-existing local impact fee, the meeting was abruptly cancelled on Friday.

Friday, October 13, 2017/Author: Jason Gottesman
Categories: News and Views
DePasquale riffs on budget morass

DePasquale riffs on budget morass

Auditor General Eugene DePasquale Thursday offered takes related to the current state budget situation, noting those in charge of figuring out how to balance and manage state finances are not facing “a lot of ideal decisions.”

Thursday, October 12, 2017/Author: Jason Gottesman
Categories: News and Views
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