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 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
As latest revenue deal breaks down, Gov. Wolf steps in to manage state finances

As latest revenue deal breaks down, Gov. Wolf steps in to manage state finances

As the latest attempts by the state General Assembly to reach agreement on budget-balancing revenue broke down Wednesday, Gov. Tom Wolf announced he is stepping in to balance the Commonwealth’s books.

Wednesday, October 4, 2017/Author: Jason Gottesman
Categories: News and Views
End-run effort to get severance tax bill to House Floor flounders for second day

End-run effort to get severance tax bill to House Floor flounders for second day

While the hopes were dimmed after a dashed effort on Tuesday, an attempt to circumvent the committee process by forcing a natural gas severance tax proposal onto the Floor was put off once again during Wednesday’s brief House session.

Wednesday, September 27, 2017/Author: Jason Gottesman
Categories: News and Views
Lawmakers continue incremental progress toward revenue agreement

Lawmakers continue incremental progress toward revenue agreement

State lawmakers continued working toward a budget-balancing revenue agreement on Tuesday, but any progress made was incremental, if at all.

Tuesday, September 26, 2017/Author: Jason Gottesman
Categories: News and Views
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