12/02/24 - 90 New Stories - REAL Environmental & Conservation Leadership In PA: http://tinyurl.com/5xpcbut8
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Sen. Yaw Supports Impact Fee Bill, Urges Action To Make Royalty Interests Taxable
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Sen. Gene Yaw (R-Bradford) said action this week by the Senate Environmental Resources and Energy Committee improved Senate Bill 1100 (Scarnati-R-Jefferson) by adding provisions creating a shale impact fee housing credit. "This legislation is an important step forward to ensuring that local communities and local governments impacted by the drilling receive much-needed support in the form of an impact fee," said Sen. Yaw.
"Increased investment driven by the natural gas industry has resulted in unprecedented levels of growth throughout the Northern Tier. Never before has there been such an urgent need for residential and commercial real estate to fully serve this area. We have an obligation to ensure that the local housing market is viable for all area residents," Sen. Yaw added.
Sen. Yaw also urged support for legislation that would make "royalty interests derived from Marcellus Shale irrespective of the well location" a real estate interest and thus a subject of taxation under the assessment law.
Senate Bill 744, sponsored by Yaw, would seek to give local governments a stake in their own decision-making regarding the industry within the respective municipal boundaries.
"As a real estate interest, the value of the gas well would be determined according to the law in the same manner as any other real estate interest in Pennsylvania, such as hotels, mini markets, shopping malls, industrial properties and homes," Sen. Yaw said. "This bill (Senate Bill 744) is the only pending legislation, which would allow school districts to directly benefit from the gas industry."
He added that until 2002, gas wells were taxed in this manner. In 2002, however, the Pennsylvania Supreme Court ruled that our statute was not broad enough to include gas wells.
A new poll out this week from Quinnipiac University shows voters support imposition of a Marcellus Shale tax 69 to 24 percent and for the first time regional support tops 60 percent in every region of the state.
NewsClips: Marcellus Impact Fee Momentum Picking Up
Gas Drilling Fee Proposal Moves Forward In Senate
Marcellus Shale Impact Fee Moves Forward Senate Edges Closer To Shale Gas Driller Fee Shale Impact Fee Bills May Collide With Budget Drilling Impact Fee Bill Goes To Full Senate Senate Panel Revises Drilling Fee Proposal Senate Panel Advances Gas Drilling Fee Editorial: Quinn Bill A Better Fee Plan For Gas Drillers
PA Voters Like Shale Tax: Q Poll Poll: State's Voters Say, Drill Baby Drill Poll: Strong Support For Drilling Impact Fee Looks In Budget Debate |
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6/20/2011 |
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