PUC Finalizes Provisions For Collection, Disbursement Of Drilling Impact Fee
|
The Public Utility Commission Thursday finalized provisions of Act 13 of 2012 related to the collection and disbursement of the impact fee for unconventional natural gas well drilling.
The Commission voted 5-0 to finalize the procedures the PUC will use to implement, collect and distribute the impact fee as directed by Chapter 23 of Act 13. Due to uncertainty surrounding pending litigation, the Commission did not address the provisions of Chapter 33, which governs local ordinances that impose conditions, requirements or limitations on oil or gas operations.
The Final Implementation Order adopted Thursday contains information on the: Chapter 23 Implementation plans; Producer report; Municipal budget report; and Impact fee disbursement report.
On February 14 Gov. Corbett signed into law Act 13 of 2012, the Unconventional Gas Well Impact Fee Act, which amended Title 58 (Oil and Gas) of the Pennsylvania Consolidated Statutes.
The PUC is responsible for implementing the provisions contained in Chapters 23 and 33 of the Act. Chapter 23 provides for the imposition, collection and distribution of an unconventional gas well fee (also called a drilling impact fee). Chapter 33 governs local ordinances that impose conditions, requirements or limitations on oil or gas operations.
For more information, visit the PUC's Act 13 webpage.
NewsClips: Tax Revenue Up In PA's Drilling Counties
PUC Moves Forward On Drilling Impact Fee
PUC Finalizes Marcellus Guidelines Public Comments On Pipeline Fees Sought By PUC |
5/14/2012 |
Go To Preceding Article Go To Next Article |