Marcellus Minutes is a subscription-based newsletter sent to all subscribers registered through the Marcellus Minutes website that contains information on legislation including bill tracking, committee hearings and news from the Capitol in Harrisburg. Access to the website is free and provided to those directly involved and those with an interest in Pennsylvania’s oil and gas industry.

House Committee amends bill adding Severance Tax

Yesterday afternoon the House Appropriations Committee amended severance tax language into HB 325, page 22.   The tax imposed would be 8% of the gross value of units severed plus 7 cents per unit severed. It exempts stripper wells. The bill could be considered by the House this afternoon.

 Marcellus Minutes © 2015 | 4075 Linglestown Road, PMB 356 | Harrisburg, PA 17112 | Bigley and Blikle, LLC