Revenues from Pennsylvania’s natural gas impact fee, or tax, have generated nearly $2 billion in less than a decade, Public Utility Commission data released details, including more than $200 million last year.
MSC president David Spigelmyer issued the follow comments on the announcement of revenues that directly support communities, statewide environmental, and conservation efforts.
“Generating nearly $2 billion in less than a decade, Pennsylvania’s tax on natural gas development is a winning policy that makes community investments and key statewide environmental protection and conservation programs possible. Impact tax revenues directly benefit all 67 Pennsylvania counties, regardless of drilling activity, funding new roads, parks, bridges, first responders, flood control and farmland preservation, among others.
As policymakers weigh additional taxes and regulatory actions that could impact the Commonwealth’s ability to attract and sustain jobs, the impact tax structure should be recognized as a policy that ensures all Pennsylvanians share in the benefits of responsible shale development,” said Marcellus Shale Coalition president David Spigelmyer.
The included charts show a breakdown of fees distributed to each Pennsylvania county, along with municipal breakdowns for Potter and Tioga counties.
The chart with the breakdown of Tioga County is pictured to the right.