Governor¯s Natural Gas Severance Tax Proposal - The HuntingPA.com Outdoor Community
 
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post #1 of 7 (permalink) Old 05-16-2015, 10:32 AM Thread Starter
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Governor’s Natural Gas Severance Tax Proposal


Senate Committees Hold June 1 Joint Hearing On Severance Tax Proposals




The Senate Environmental Resources and Energy and Finance Committees are scheduled to hold a joint hearing on natural gas severance tax proposals on June 1.

There are 5 severance tax bills pending in the Senate, two Republican and three Democrat--

-- Senate Bill 395 (Brewster-D-Allegheny) adopting a 5 percent severance tax all devoted to education funding, while keeping the impact fee, but crediting what producers pay to the severance tax (sponsor summary).

-- Senate Bill 415 (Haywood-D-Montgomery) providing for an 8 percent natural gas severance tax with the proceeds dedicated to these uses: $100 million dollars off the top would go to the Growing Greener Program; 60 percent of the money would go to fund Public Schools; and 40 percent would go towards reducing the unfunded pension liability (sponsor summary).

-- Senate Bill 519 (McGarrigle-R-Delaware) which would impose a 4 percent tax on the value of natural gas at the wellhead. All the revenue from the tax would be devoted to fund basic education and nothing for any environmental restoration program (sponsor summary).

-- Senate Bill 719 (Tomlinson-R-Bucks) providing for a 5 percent natural gas severance tax with proceeds dedicated to state employee and school employee pension funds (sponsor summary).

-- Senate Bill 741 (Leach-D-Montgomery) imposing a 5 percent natural gas severance tax to create the Pay It Forward, Pay It Back Pennsylvania college scholarship fund (sponsor summary).

The severance tax proposed by Gov. Wolf has not yet been introduced in the Senate or House.

The hearing will be held in Hearing Room 1 of the North Office Building starting at 10:30 a.m.

Sen. Gene Yaw (R-Lycoming) serves as Majority Chair of the Environmental Committee and Sen. John Yudichak (D-Luzerne) serves as Minority Chair of the Committee.
Sen. John Eichelberger (R-Blair) serves as Majority Chair of the Finance Committee and Sen. John Blake (D-Lackawanna) serves as Minority Chair.


http://paenvironmentdaily.blogspot.c...+Daily+Blog%29


Sen. Brewster Introduces Governor’s Natural Gas Severance Tax Proposal




On Thursday, Sen. James Brewster (D-Allegheny) introduced Gov. Wolf’s natural gas severance tax proposal as Senate Bill 116 (sponsor summary).

The legislation as introduced clarifies provisions related to the existing Act 13 drilling impact fee saying it would expire on January 1, 2016, but would set specific caps on allocations for local governments, environmental and other programs from revenue generated by the severance tax thereafter.

The legislation also maintains the $2.97 base minimum price of natural gas used to calculate the severance tax and a provision which hopes to void existing contracts landowners have that would make them responsible for paying a portion of the severance tax.


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post #2 of 7 (permalink) Old 05-16-2015, 01:29 PM
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Re: Governor’s Natural Gas Severance Tax Proposal

Kind of ironic that 3 of the 5 bills come from counties who already have some of the best school districts in the state, yet they claim to want the tax for education.
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post #3 of 7 (permalink) Old 05-16-2015, 10:35 PM
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Re: Governor’s Natural Gas Severance Tax Proposal

Just another way for Harrisburg to waste money. Most likely will send it here to Philadelphia, & it will probably go to the teachers pension fund, & out public schools will continue too get worse.
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post #4 of 7 (permalink) Old 05-18-2015, 05:32 PM
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Re: Governor’s Natural Gas Severance Tax Proposal

so does this mean theyre going to cut our school property taxes??? If not its useless....

It is foolish and wrong to mourn the men who died. Rather we should thank God that such men lived.
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post #5 of 7 (permalink) Old 05-18-2015, 08:28 PM
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Re: Governor’s Natural Gas Severance Tax Proposal

Ha Ha Ha. Thats a good one politicians cutting taxes. This will just be more money to waste.
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post #6 of 7 (permalink) Old 05-21-2015, 09:35 AM
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Re: Governor’s Natural Gas Severance Tax Proposal

Quote:
Originally Posted by burninghxcsoul
so does this mean theyre going to cut our school property taxes??? If not its useless....
they will have two pots to dip $ from.
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post #7 of 7 (permalink) Old 05-21-2015, 12:00 PM
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Re: Governor’s Natural Gas Severance Tax Proposal

And all of the bills are written by legicritters in counties that are not gas producing, or in the case of AL Co. barely gas producing. Meaning they dont have a thing invested but want to take more from the counties that do. Of course, looking at the counties, that is pretty much what those counties do anyway.

Every day you see it on the news. Another felons life needlessly spared by inaccurate fire.

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