Monday, February 6, 2012

New Impact Fee could be announced this week

An Impact Fee on gas drilling in PA could be headed to a vote this week...Top Republican state lawmakers say a final framework appears at hand on new legislation to impose an impact fee and update safety regulations on Pennsylvania's natural gas industry. Republicans notified rank-and-file lawmakers over the weekend that they hope to hold votes this week on a framework reached by negotiators from the House, Senate and Gov. Tom Corbett's office during closed-door negotiations over the past six weeks. Pennsylvania is the only major gas-producing state that doesn't tax natural gas production.

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