The Pennsylvania Budget & Policy Center today released a new report calling into question the “stripper well” exemption found in the proposed severance tax legislation on natural gas extraction as well as a natural gas industry proposal for a tax exemption for the first three years of well production. According to the report, the enactment of the exemptions would mean only one-third of total gas production at a typical Marcellus Shale well would be subject to the severance tax and companies would pay the tax for only nine of the 40-year life of the well. House Finance Chairman David Levdansky (D-Allegheny) expressed his concern regarding additional exemptions from the tax. Check the Capitol Toolbox later today for the full story.
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Posted by Jeff | Tags: marcellus shale, severance tax | Category: Press Conference | Comments are closed | Share:
Governor Ed Rendell and House Democratic leaders said Thursday after the latest round of budget negotiations that they can’t foresee supporting any budget that spends less than the $28.2 billion proposal Senate Republicans are now considering. How the $28.2 billion is allocated remains a subject of debate, they said, but Democrats have already trimmed $800 million from the governor’s original $29 billion proposal. Posted by Mike | Tags: Budget | Category: Capitol View, News and Views | Comments are closed | Share:
This morning the House Professional Licensure committee held a public hearing on HB 1521, legislation sponsored by Rep. Tim Solobay (D-Washington) that would provide for the licensing of interior designers. Contentious testimony was offered both in support and opposition to the measure, by groups representing the interior design community, as well as builders, architects and others. Ultimately Chairman Mike McGeehan (D-Philadelphia) indicated the bill should move forward, though it is “not there yet.” Check the Committee News section of the Capitol Toolbox later for the full story. Posted by Mike | Tags: architecture, building, construction, interior design, licensure | Category: House Professional Licensure, Public/Informational Committee Hearing | Comments are closed | Share:
The House Consumer Affairs Committee held a public hearing on HB 2434, which would return regulation of limos in the city if Philadelphia to the PUC. The committee heard from the Philadelphia Parking Authority, which discussed its role overseeing limos in the city, and from the Philadelphia Regional Limousine Association, which argued oversight by PPA is duplicative of PUC oversight in the rest of the state and more expensive. Look for the complete story in the Capitol Toolbox this afternoon. Posted by Kim | Tags: PUC | Category: House Consumer Affairs, Public/Informational Committee Hearing | Comments are closed | Share:
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