At a press conference this afternoon, Governor Rendell voiced his approval that the Conference Committee on HB 1416 will be reconvening tomorrow. Despite the unproductive nature of the committee’s first two meetings, the governor expressed confidence that partisanship and bickering will not color the remainder of the committee’s schedule. The governor noted that following talks with the industry and Republican lawmakers, he feels it is unlikely that a severance tax on Marcellus Shale gas extraction will be a part of any agreement. He said it is fully possible that a budget is agreed to by the end of next week, and signed the week after. Check the Capitol Toolbox later for the full story.

