Posts Tagged ‘PA gas drilling tax’

PA House Appropriations Chair Bill Adolph (R-165th) Co-Sponsors HB 1700

June 30, 2011

Dear Ms. Rosenbaum:

Thank you for your email urging my opposition to Senate Bill 1100.  I appreciate hearing from you on this issue.  As you may know, Senate Bill 1100 is currently in the Senate for consideration.  Please know that I will keep your concerns in mind if and when this bill reaches the House for consideration.  

I wanted to take a moment to update you and let you know I have signed on as a co-sponsor to House Bill 1700. This legislation would establish a graduated impact fee that starts at $50,000 per well in the first two years of production and trails off to $10,000 per year after 21 years and remains in place for the life of the well.  This fee structure would generate approximately $1.1 Billion over the next five years. (more…)