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.

Share this post