PA House works through some natural gas tax amendments

PA House works through some natural gas tax amendments

In its first day back since wrapping up the state budget process at the end of October, the Pennsylvania House of Representatives on Monday started what is likely to be the General Assembly’s next major lift: the passage of a natural gas severance tax bill.

Monday, November 20, 2017/Author: Jason Gottesman
Categories: News and Views
Severance tax legislation will “get its day in court,” House leader says

Severance tax legislation will “get its day in court,” House leader says

Talked about more this budget cycle than in recent memory, a tax on Pennsylvania’s natural gas extracts has been a divisive issue for many different camps in the state’s General Assembly.

 

While a number of proposals have been seen as the lead concept that would apply revenue from a severance tax on a more universal statewide basis than under the current impact fee, no stand-alone proposal has progressed as far as Rep. Gene DiGirolamo’s (R-Bucks) House Bill 1401.

Tuesday, October 31, 2017/Author: Jason Gottesman
Categories: News and Views
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
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
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