Made By Farm and Dairy

Pennsylvania House bill would provide manufacturers with tax break for using natural gas

Sunday, December 6, 2015 by

0 Comments

Pennsylvania State House Speaker Mike Turzai doesn’t support a severance tax on natural gas drillers; instead, he want to give manufacturers using natural gas a tax break for using natural gas. Turzai’s Keystone Energy Enhancement Act would create jobs and shale infrastructure in the state.

According to The Patriot News, the Keystone Energy Enhancement Act, or House Bill 1731, is seen as a “handout” by Governor Tom Wolf and his administration. The Wolf administration has proposed a severance tax on natural gas drillers, quite the opposite of tax credits and a break from local and state taxes, like Turzai has proposed.

The act is modeled after Pennsylvania’s Keystone Opportunity Zones, which revived old industrial zones with jobs and growth.

Via: The Patriot News > House bill offers tax break for businesses using natural gas

Subscribe to our mailing list

Get exclusive headlines from ShaleGasReporter.com emailed once a week (every Wednesday morning).

It's Free!

Leave a Comment

About Shale Gas Reporter

Farm and Dairy, a weekly newspaper located in Salem, Ohio, has been reporting on topics that interest farmers and landowners since 1914. Through the Shale Gas Reporter, we are dedicated to giving our readers unbiased and reliable information on shale gas development.

© Copyright 2024 - Farm and Dairy