The year was 1986.
Month: October 2017
The potential for a tax on Marcellus shale natural gas production gained new life Wednesday, as a bill emerged from a state House committee and Democratic Gov. Tom Wolf urged leaders of the Republican-controlled chamber to speed it to a floor vote.
A proposed severance tax on natural-gas drilling in Pennsylvania cleared the House Finance Committee today on a 16-9 vote, setting up a possible floor vote next week.
In order to keep paying Pennsylvania’s bills without a revenue bill from the Republican-controlled Legislature, Democratic Gov. Tom Wolf intends to raise $1.25 billion from future profits of the state’s liquor system.
Moody’s Analytics has ranked Philadelphia and Pittsburgh among the top five potential Amazon HQ2 cities after analyzing data in five broad categories.
The Liquor Control Board has taken the first steps to borrow $1.25 billion to help balance the state budget, but many lawmakers remain unconvinced of the strategy.
The House had an opportunity to force consideration of a shale tax to help fund the 2017-18 budget by using a rarely used tactic to force the discharge of severance tax bill from the House Environmental Resources and Energy Committee.
Efforts to fix Pennsylvania’s unbalanced state budget hit a new flashpoint Monday, as industry and some lawmakers pushed back against a plan to end a longtime sales tax exemption for commercial storage.